Public Pension Reform : A Primer /

The present paper reviews key issues in pension design and pension reform encountered all across the world. The paper heavily refers to the recent U.S. Social Security reform debate in general and to the Personal Retirement Accounts proposal in particular. A particular emphasis is put on annuitizati...

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Автор: Jousten, Alain
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2007.
Серія:IMF Working Papers; Working Paper ; No. 2007/028
Онлайн доступ:Full text available on IMF
Опис
Резюме:The present paper reviews key issues in pension design and pension reform encountered all across the world. The paper heavily refers to the recent U.S. Social Security reform debate in general and to the Personal Retirement Accounts proposal in particular. A particular emphasis is put on annuitization and risk-taking in the economy. Our discussion signals some inadequacy of the proposed measures with respect to the goals of viability of the system and individual financial security during retirement.
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Фізичний опис:1 online resource (36 pages)
Формат:Mode of access: Internet
ISSN:1018-5941
Доступ:Electronic access restricted to authorized BRAC University faculty, staff and students