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 |
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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 |