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...

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Détails bibliographiques
Auteur principal: Hemming, Richard
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1998.
Collection:IMF Working Papers; Working Paper ; No. 1998/035
Accès en ligne:Full text available on IMF