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The Reform of the Pension System in Italy

Italy's pension system was reformed in August 1995. The new system has various desirable long-run properties and, overall, it represents an improvement over earlier systems. However, it fails to address two longstanding problems: extremely high contribution rates, and a lack of provisions for d...

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Bibliographic Details
Main Author: Hamann, A.
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1997
Series:IMF Working Papers
Subjects:
Demographic Transition
Income Economics
Social Security And Public Pensions
Private Pensions
Economics Of The Elderly
Pension Spending
Expenditure
Pensions
Aging
Retirement
Nonwage Labor Costs And Benefits
Public Finance
Population And Demographics
Demographic Change
Non-labor Market Discrimination
Economics Of The Handicapped
Population Aging
Demographic Trends, Macroeconomic Effects, And Forecasts
Demography
Population & Demography
Labor
Retirement Policies
Labour
Italy
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Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Italy's pension system was reformed in August 1995. The new system has various desirable long-run properties and, overall, it represents an improvement over earlier systems. However, it fails to address two longstanding problems: extremely high contribution rates, and a lack of provisions for dealing with the substantial deterioration in demographic ratios expected over the next 30-40 years
Physical Description:34 pages
ISBN:9781451922790

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