Reforming pensions [electronic resource] : principles and policy choices /
by Barr, N. A; Diamond, Peter A.
Material type:
BookPublisher: New York ; Oxford : Oxford University Press, 2008Description: 1 online resource (xiii, 352 p.) : ill.ISBN: 9780199893461 (ebook) :.Subject(s): Pensions | Pension trusts | Pensions -- Chile | Pensions -- ChinaOnline resources: Oxford scholarship online 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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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.
Description based on print version record.
Includes bibliographical references and index.
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