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|c 5.00 USD
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|z 9781451848502
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Levy, Joaquim.
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|a Some Considerations Relevant to Prefunded Pensions in France /
|c Joaquim Levy.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1995.
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|a 1 online resource (36 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|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.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1995/064
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|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
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