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The Chilean Pension Reform Turns 25:Lessons from the Social Protection Survey
Chile Retirement system PAYGO Defined contribution individual accounts Social Protection Survey
2016/3/18
In 1980, Chile dramatically reformed its retirement system, replacing what was an old insolvent PAYGO program with a new structure that relies heavily on funded defined contribution individual account...
Rural Pension Reform in China:Lessons from Latin American Countries
Social pensions non-contributory pensions notional defined contribution pensions funded defined contribution pensions China Latin America
2016/3/23
Over the last three years, China has made substantial progress in pushing forward its New Rural Pension program that already “covers” more than 60% of rural counties. Currently, this new scheme has tw...
Longevity, Life-Cycle Behavior and Pension Reform
life expectancy public pension reform retirement employment life-cycle models consumption tax and transfer system
2012/10/25
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To address this pressing open question in public finance, we estimate a life-cycle mode...
Will it Last? An Assessment of the 2001 German Pension Reform
Pension reform pension funding fiscal projections Germany
2013/10/18
In May 2001, Germany adopted a fundamental pension reform cutting back public pensions and introducing personal pension accounts. The paper critically reviews the reform decisions and evaluates their ...