Some Considerations Relevant to Prefunded Pensions in France /

Increasing use of life insurance instruments and company-sponsored funds in France suggests that French households may be inclined to a greater reliance on financial savings as a source of retirement income. This paper examines the challenges imposed by an aging population on the pay-as-you-go basic...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Levy, Joaquim
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1995.
سلاسل:IMF Working Papers; Working Paper ; No. 1995/064
الوصول للمادة أونلاين:Full text available on IMF
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245 1 0 |a Some Considerations Relevant to Prefunded Pensions in France /  |c Joaquim Levy. 
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300 |a 1 online resource (36 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Increasing use of life insurance instruments and company-sponsored funds in France suggests that French households may be inclined to a greater reliance on financial savings as a source of retirement income. This paper examines the challenges imposed by an aging population on the pay-as-you-go basic and supplementary pension systems, the growth of life insurance and company-sponsored funds in the absence of a comprehensive legislation on prefunded pensions, and issues related to prefunding pension schemes, such as the possibility of an welfare enhancing transition to prefunding; effects on capital markets in view of the experience in other OECD countries; and the importance of the transportability of pensions and measures fostering competition in financial markets. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1995/064 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1995/064/001.1995.issue-064-en.xml  |z IMF e-Library