Intro -- Contents -- Preface -- Acronyms and Abbreviations -- Introduction and Executive Summary -- A Framework for Pension Reform -- Design and Implementation Issues -- Structure of the Report -- PART 1. CONCEPTUAL UNDERPINNINGS -- 1 The Need for Reform -- Fiscal Pressure: Short-Term Urgencies...

This book is unique as it presents an academic and a practical aspect on managing pension funds to clarify the global debate on social security. The authors establish the basic choices in designating any system to help policy makers develop the system that achieves their many objectives

In the past, it was customary for both national and international companies to provide different kinds of occupational pension schemes for employees as an additional incentive. Unlike US and Swiss companies, German corporations retained the money collected from occupational pension schemes in...

Contents -- Preface -- 1 The Story of Inheritance: Intergenerational Giving in Aging America -- Trends in Wealth Transfers -- The Aging American Family -- 2 The Inheritance Revolution -- The Origins of Our Inheritance Laws -- Early America -- Forging a New Path: Women and Inheritance Laws --...

Intro -- Contents -- Preface -- Chapter 1 The Economic Status of the Aged -- Chapter 2 To Work or Not to Work -- Chapter 3 Retirement Planning -- Chapter 4 Social Security: Old Age and Survivors' Benefits -- Chapter 5 Social Security Financing: Who Pays? Who Should Pay? -- Chapter 6 Health,...

Intro -- Contents -- I. INTRODUCTION -- II. RETIREMENT INCENTIVES IN THE PUBLIC PENSION SYSTEM -- III. LABOR PARTICIPATION AND TAX AND BENEFIT SYSTEMS IN SLOVENIA -- IV. CONCLUSION -- References -- APPENDIX I. PUBLIC PENSIONS SYSTEM PARAMETERS -- APPENDIX II. LIFE EXPECTANCY -- APPENDIX III....

Intro -- Contents -- Acknowledgments -- 1 Introduction and Overview -- 2 Recent Developments in Life Annuity Markets and Products -- 3 Longevity-Insured Retirement Distributions: Basic Theories and Institutions -- 4 Who Prefers Annuities? -- 5 Comparing Strategies for Retirement Wealth...

Intro -- Contents -- Preface -- Acknowledgments -- About the Authors -- Executive Summary -- Acronyms and Abbreviations -- Glossary -- 1. Overview -- Chapter 2: Initial Conditions for Pension Reform -- Chapter 3: Taking Stock of Pension Systems in the Middle East and North Africa -- Chapter 4: A...