Should Public Pensions be Funded? /

This paper outlines some of the arguments for and against the funding of public pensions, with a view to establishing whether there is an economic basis for judging funding to be superior to pay-as-you-go (PAYG). It is argued that funding does not have a clear advantage, and the case for a shift fro...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Hemming, Richard
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1998.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1998/035
Online Zugang:Full text available on IMF