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The Italian Public Pension System Current Prospects and Reform Options

Public pension expenditure in Italy has been growing rapidly in the last three decades and is now among the highest in industrialized countries. Despite recent reforms, benefits remain generous by international standards and, unless additional measures are taken, the financial situation of the syste...

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Bibliographic Details
Main Author: Canziani, Patrizia
Other Authors: Demekas, Dimitri
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1995
Series:IMF Working Papers
Subjects:
Population & Demography
Economics Of The Handicapped
Private Pensions
Pension Spending
Labour; Income Economics
Retirement Policies
Non-labor Market Discrimination
Social Security And Public Pensions
Nonwage Labor Costs And Benefits
Aging
Economics Of The Elderly
Population Aging
Labor
Population And Demographics
Expenditure
National Government Expenditures And Welfare Programs
Retirement
Demography
Pension Reform
Pensions
Public Finance
Italy
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Public pension expenditure in Italy has been growing rapidly in the last three decades and is now among the highest in industrialized countries. Despite recent reforms, benefits remain generous by international standards and, unless additional measures are taken, the financial situation of the system will deteriorate in the long term. The paper reviews the current system, its history, and its prospects, and examines through simulations the long-run effects of alternative pension reform options
Physical Description:56 pages
ISBN:9781451845150

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