Aging Populations and Public Pension Schemes /

This paper discusses a study analyzing aging populations and public pension schemes. An aging society is characterized by a growing proportion of the retired to the active working population. The study examines the pension-related aging problem primarily from a fiscal perspective. It analyzes how pr...

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Bibliographic Details
Main Author: Chand, Sheetal
Other Authors: Jaeger, Albert
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:Occasional Papers; Occasional Paper ; No. 1996/013
Online Access:Full text available on IMF
Description
Summary:This paper discusses a study analyzing aging populations and public pension schemes. An aging society is characterized by a growing proportion of the retired to the active working population. The study examines the pension-related aging problem primarily from a fiscal perspective. It analyzes how prospective demographic developments that affect the proportion of the pensionable elderly affect pension outlays. It confirms that very serious fiscal stresses are in prospect for most industrial economies. Addressing such problems satisfactorily will require major actions early, given the long lead times involved in reforming a pension fund's financial position.
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Physical Description:1 online resource (58 pages)
Format:Mode of access: Internet
ISSN:0251-6365
Access:Electronic access restricted to authorized BRAC University faculty, staff and students