Turkey : Selected Issues.

This Selected Issues paper examines the new private pension automatic enrollment provisions in Turkey. The newly enacted automatic enrollment provisions have several advantages relative to the current voluntary private pension system. However, they have several weaknesses that risk endangering the r...

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Bibliografiset tiedot
Yhteisötekijä: International Monetary Fund. European Dept
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2017.
Sarja:IMF Staff Country Reports; Country Report ; No. 2017/033
Linkit:Full text available on IMF
Kuvaus
Yhteenveto:This Selected Issues paper examines the new private pension automatic enrollment provisions in Turkey. The newly enacted automatic enrollment provisions have several advantages relative to the current voluntary private pension system. However, they have several weaknesses that risk endangering the reform in the long term. The hybrid input-output is not complete without the establishment of a public procurement board and periodic auctioning of pension services. Employers are unlikely to be more skilled than individuals in choosing pension plans for their workers. The IMF staff advice is to complete the hybrid input-output model along the lines recommended by the World Bank by establishing a procurement board for pension services for undecided participants.
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Ulkoasu:1 online resource (72 pages)
Aineistotyyppi:Mode of access: Internet
ISSN:1934-7685
Pääsy:Electronic access restricted to authorized BRAC University faculty, staff and students