ownership; and other private savings. Despite recent changes intended to make the system fairer and more fiscally sustainable …

In private pre-funded retirement savings systems, workers can be compelled by regulation to make minimum contributions … to retirement accounts. We examine the impact of compulsory contributions into retirement savings (superannuation … the consumption of lower wealth individuals is severely constrained by compulsory savings, resulting in a sizeable welfare …

This paper investigates individual retirement savings investment choices of members of Malaysia's Employer Provident … Fund (EPF). The focus is on the option available to EPF members to invest part of their savings in approved unit trusts. A …

on the level of total household savings for renters. The effect is identified via a large panel of individual … period 1997 to 2005. Little substitutability was found between current mandatory labour market pension savings and private … voluntary savings. Each euro paid into mandatory labour market pension accounts results in a reduction in private savings of …