The consequences of an ageing workforce are magnified in the public sector because it generally has an older demographic profile than the private sector (OECD, 2006). The challenge of attracting and retaining capacity within the public service as large numbers of experienced public servants...

The paper summarizes the main factors behind the projected increase civil service pension costs in Sub-Saharan Africa (SSA). It discusses the benefits and potential downsides to unifying civil service and national pension systems, drawing on regional and international best practices and...

This paper investigates the determinants of public sector pension plan investment and funding behavior. Its goal is to draw lessons which may be used to improve the design and governance of public pensions. Plan performance is related to characteristics of the pension systems' governance...

This study examines reforms to civil service pension arrangements in a number of developing countries across Africa, Asia and Latin America. These arrangements are a significant component of public-sector remuneration in many developing countries and they can carry substantial risks, not only...

Frontmatter -- PREFACE -- CONTENTS -- 1. The Origin and Growth of Pensions -- 2. The Development of Pension Schemes -- 3. Public Sector Schemes: The Benefits Provided -- 4. Public Sector Schemes: The Financial Arrangements -- 5. Private Sector Schemes: The Contrasts between the Public and...