Reforming pensions principles and policy choices
Mandatory pensions are a worldwide phenomenon. However, with fixed contribution rates, monthly benefits, and retirement ages, pension systems aren't consistent with three long-run trends: declining mortality and fertility, and earlier retirement. Many systems need reform. This book explains the...
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Format: | eBook |
Language: | English |
Published: |
New York
Oxford University Press
2008, 2008
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Collection: | Oxford University Press - Collection details see MPG.ReNa |
Summary: | Mandatory pensions are a worldwide phenomenon. However, with fixed contribution rates, monthly benefits, and retirement ages, pension systems aren't consistent with three long-run trends: declining mortality and fertility, and earlier retirement. Many systems need reform. This book explains the economics of pension design |
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Physical Description: | xiii, 352 p. ill |
ISBN: | 9780199893461 |