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221013 ||| eng |
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|a Boeri, Tito
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|a Setting Up a Communication Package for the Italian NDC
|h Elektronische Ressource
|c Tito Boeri
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|a Washington, D.C
|b The World Bank
|c 2019
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|a Boeri, Tito
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|a eng
|2 ISO 639-2
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|b WOBA
|a World Bank E-Library Archive
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|a World Bank E-Library Archive
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|a 10.1596/31633
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|u http://elibrary.worldbank.org/doi/book/10.1596/31633
|x Verlag
|3 Volltext
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|a 330
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|a In the last 30 years the Italian pension system was repeatedly reformed and counter-reformed, increasing uncertainty about future pensions. A low level of financial literacy exacerbated this problem. In 2015, the Italian Social Security Institute (INPS) launched a project to allow all insured workers to have more precise information about their future benefits. This paper analyzes the results of a survey carried out to evaluate the project's performance. The findings are encouraging - around 80 percent of respondents rate the INPS service as at least '*very helpful.'* Even if 42 percent of the sample overestimates their future pension, 16 to 29 percent reveal a willingness to change their expectation on retirement income after receiving new information
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