ensure public pension benefits - relative to wages - not fall from current levels while containing spending. …Pension reform is a key policy challenge in Russia. This paper examines how pension spending could increase in Russia …

solvency of their defined-benefit pension plans. Will this lead to higher contributions? Will higher contributions increase … pension fund regulation? This paper develops a theoretical model to address these questions. Although its scope is more … general, the model captures the main institutional features of the pension system in the Netherlands, a country where the …

This paper focuses on the investment behavior of pension funds in developed and emerging market countries. First, it … analyzes the main determinants of the emerging market asset allocation of pension funds in developed countries. Second, it … assesses how pension funds in emerging markets have contributed to the development of local securities markets. Third, it …

substantial expected increase in pension outlays. It compares the current fiscal rule, which targets a (central government … structural) non-oil deficit equal to 4 percent of Government Pension Fund assets, with three alternatives that save a larger …

This technical note examines pensions with profit contracts in Denmark. The Danish life insurance and pension sector is … risk through derivatives, the overall risk in the pension sector still needs to be closely monitored. …

of public health care in Colombia during 1993-2008. Parametric pension reforms have focused on increasing the retirement …This paper analyzes the economic rationale for adopting parametric pension reforms and reforms broadening the coverage … security system in Colombia is roughly 160 percent of GDP for pensions and about 97 percent of GDP for the health system. …

This paper focuses on the nexus between pension funds' balance sheet liabilities, reflecting their age profile and … regulatory framework and the highly fragmented and heterogeneous pension fund landscape in Switzerland. Detailed data from the … Swiss Pension Statistic are analyzed using multivariate OLS-regressions. The evidence shows that a younger age structure and …