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|z 9781475560336
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|a 1018-5941
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|a Arbatli Saxegaard, Elif.
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|a Automatic Adjustment Mechanisms in Asian Pension Systems? /
|c Elif Arbatli Saxegaard, Csaba Feher, Jack Ree, Ikuo Saito.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2016.
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|a 1 online resource (29 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 Automatic adjustment mechanisms (AAMs)-rules ensuring that certain characteristics of a pension system respond to demographic, macroeconomic and financial developments, in a predetermined fashion and without the need for additional intervention-have been introduced in many OECD countries to tackle public pension schemes' deteriorating financial sustainability. Incorporating AAMs-in particular linking retirement age to life expectancy-can be an important part of pension reforms in Asia. If implemented early, AAMs could help prevent the need for sharp adjustments in the future, increase the predictability and inter-generational equity of pension systems and enhance confidence.
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|a Mode of access: Internet
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|a Feher, Csaba.
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|a Ree, Jack.
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|a Saito, Ikuo.
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|a IMF Working Papers; Working Paper ;
|v No. 2016/242
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2016/242/001.2016.issue-242-en.xml
|z IMF e-Library
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