Marano, Angelo; Mazzaferro, Carlo; Morciano, Marcello - 2011 - This version: 23 November 2011
equity and incentive neutrality. However, when one considers the presence of NDC pensions together with minimum and social … assistance pensions, this is no longer true. Indeed, in all the three countries considered, the NDC system shows a regressive …, the possibility of accumulation of social assistance and NDC pensions, which would also improve pension adequacy. A …