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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Bibliographic Details
Main Author: Barr, N. A.
Other Authors: Diamond, Peter A.
Format: eBook
Language:English
Published: New York Oxford University Press 2008, 2008
Subjects:
Online Access:
Collection: Oxford University Press - Collection details see MPG.ReNa
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520 |a 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