Publication:
International Patterns of Pension Provision II : A Worldwide Overview of Facts and Figures

Simple item page
dc.contributor.authorPallares-Miralles, Montserrat
dc.contributor.authorRomero, Carolina
dc.contributor.authorWhitehouse, Edward
dc.date.accessioned2013-05-28T17:52:14Z
dc.date.available2013-05-28T17:52:14Z
dc.date.issued2012-06
dc.description.abstractThis paper presents and explains cross country data for mandatory publicly and privately managed pension systems around the world. This report is organized into three parts corresponding to three broad types of indicators. These indicators relate to: (i) the relevant contextual factors referred to here as environment; (ii) pension system design parameters; and (iii) indicators of performance. Part one of the report provides some information on the environment in which the system operates, focusing on demographic and labor market conditions. Understanding the current and future path of demographic patterns, especially aging, will place the later section on performance into a clearer perspective. Part two on pension system design uses a standardized taxonomy to describe differences across countries. The data on system design are presented in two groups of indicators: (i) overall architecture of the system: pillars, schemes including civil servants and other special schemes, and (ii) operating parameters of the system, which includes two sub-groups: a) qualifying conditions: pension eligibility ages, and contribution history, and b) contribution rates, defined benefit (DB), and defined contribution (DC) schemes, and indexation. It should be noted that while many countries have more than one program providing retirement income benefits, unless otherwise indicated, most of the data refer only to the national scheme. Part three presents a set of performance indicators. The indicators included are core pension indicators that illustrate six key criteria of any pension scheme, namely: (i) coverage, (ii) adequacy, (iii) financial sustainability, (iv) economic efficiency (i.e., minimizing the distortions of the retirement?income system on individuals' behavior, such as labor supply and savings outside of pension plans), (v) administrative efficiency, and (vi)) security of benefits in the face of different risks and uncertainties.en
dc.identifierhttp://documents.worldbank.org/curated/en/2012/06/16406441/international-patterns-pension-provision-ii-worldwide-overview-facts-figures
dc.identifier.doi10.1596/13560
dc.identifier.urihttps://hdl.handle.net/10986/13560
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesSocial Protection and Labor Discussion Paper;No. 1211
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectACCRUAL RATE
dc.subjectACCRUAL RATES
dc.subjectADVANCED COUNTRIES
dc.subjectAGE CATEGORIES
dc.subjectAGE DISTRIBUTION
dc.subjectAGE GROUP
dc.subjectANNUITY
dc.subjectASYLUM
dc.subjectAVERAGE WAGE
dc.subjectAVERAGE WAGE GROWTH
dc.subjectBANK ACCOUNTS
dc.subjectBANK LENDING
dc.subjectBASIC PENSION
dc.subjectBASIC PENSIONS
dc.subjectBENEFICIARIES
dc.subjectBENEFICIARY
dc.subjectBENEFIT FORMULAE
dc.subjectBENEFIT FORMULAS
dc.subjectBENEFIT INDEXATION
dc.subjectCASH TRANSFERS
dc.subjectCENTER FOR HEALTH
dc.subjectCHANGE IN POPULATION
dc.subjectCHANGES IN FERTILITY
dc.subjectCHILD REARING
dc.subjectCHILDBEARING
dc.subjectCITIZENS
dc.subjectCITIZENSHIP
dc.subjectCONTINUED EMPLOYMENT
dc.subjectCONTRACTUAL SAVINGS
dc.subjectCONTRIBUTION RATES
dc.subjectCONTRIBUTION RECORDS
dc.subjectCORESIDENCE
dc.subjectCOUNTRY OF ORIGIN
dc.subjectDEATH RATES
dc.subjectDEFINED BENEFIT
dc.subjectDEFINED BENEFIT SCHEMES
dc.subjectDEFINED CONTRIBUTION PENSIONS
dc.subjectDEMOGRAPHIC
dc.subjectDEMOGRAPHIC CHANGES
dc.subjectDEMOGRAPHIC PROJECTIONS
dc.subjectDEMOGRAPHIC TRANSITION
dc.subjectDEPENDENCY RATIO
dc.subjectDEPENDENCY RATIOS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING ECONOMIES
dc.subjectDISABILITY
dc.subjectDISTRIBUTION OF POPULATIONS
dc.subjectDIVISION OF LABOR
dc.subjectEARLY RETIREMENT
dc.subjectEARNING
dc.subjectECONOMIC GROWTH
dc.subjectELDERLY
dc.subjectELDERLY POPULATION
dc.subjectEMPLOYEE
dc.subjectFAMILY POLICIES
dc.subjectFERTILITY
dc.subjectFERTILITY RATE
dc.subjectFERTILITY RATES
dc.subjectFINANCIAL CRISIS
dc.subjectFUNDED BASIS
dc.subjectGENDER DIFFERENCES
dc.subjectGENDER GAP
dc.subjectGEOGRAPHIC DISTRIBUTION
dc.subjectGOVERNMENT SPENDING
dc.subjectGROSS NATIONAL INCOME
dc.subjectGROSS REPLACEMENT RATES
dc.subjectGROSS WAGES
dc.subjectGROWTH RATE
dc.subjectHUMAN RESOURCE
dc.subjectINCOME GROUP
dc.subjectINCOME LEVEL
dc.subjectINDIVIDUAL ACCOUNT
dc.subjectINDIVIDUAL ACCOUNTS
dc.subjectINFANT
dc.subjectINFANT MORTALITY
dc.subjectINFORMAL LABOR MARKETS
dc.subjectINFORMAL SECTOR
dc.subjectINFORMAL SECTOR WORKERS
dc.subjectINSURANCE POLICIES
dc.subjectINTEREST RATE
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL LABOUR ORGANIZATION
dc.subjectINVESTMENT RISK
dc.subjectINVOLUNTARY UNEMPLOYMENT
dc.subjectLABOR FORCE
dc.subjectLABOR FORCE PARTICIPATION
dc.subjectLABOR MARKET
dc.subjectLABOR MARKET CONDITIONS
dc.subjectLABOR MARKET INDICATORS
dc.subjectLABOR MARKETS
dc.subjectLABOR SUPPLY
dc.subjectLABOUR
dc.subjectLEGAL STATUS
dc.subjectLIFE EXPECTANCIES
dc.subjectLIFE EXPECTANCY
dc.subjectLIFE INSURANCE
dc.subjectLIVE BIRTHS
dc.subjectMANDATES
dc.subjectMANDATORY SAVING
dc.subjectMANDATORY SYSTEMS
dc.subjectMARKET CONDITIONS
dc.subjectMARKET DATA
dc.subjectMIGRANTS
dc.subjectMIGRATION
dc.subjectMORTALITY
dc.subjectMORTGAGES
dc.subjectMULTIPILLAR PENSION SYSTEMS
dc.subjectMULTIPILLAR SYSTEMS
dc.subjectMUTUAL FUNDS
dc.subjectNATIONAL LEVEL
dc.subjectNATIONAL PENSION
dc.subjectNEWBORN
dc.subjectNORMAL RETIREMENT AGE
dc.subjectNUMBER OF CHILDREN
dc.subjectNUMBER OF DEATHS
dc.subjectNUMBER OF PEOPLE
dc.subjectNUMBER OF WORKERS
dc.subjectOCCUPATION
dc.subjectOLD AGE
dc.subjectOLDER PEOPLE
dc.subjectOLDER WORKERS
dc.subjectPAYROLL TAX
dc.subjectPENSION
dc.subjectPENSION AGE
dc.subjectPENSION BENEFIT
dc.subjectPENSION BENEFITS
dc.subjectPENSION COVERAGE
dc.subjectPENSION DEBT
dc.subjectPENSION ENTITLEMENT
dc.subjectPENSION EXPENDITURE
dc.subjectPENSION EXPENDITURES
dc.subjectPENSION FRAMEWORK
dc.subjectPENSION INCOME
dc.subjectPENSION INDICATORS
dc.subjectPENSION LIABILITIES
dc.subjectPENSION LIABILITY
dc.subjectPENSION PLANS
dc.subjectPENSION POLICY
dc.subjectPENSION PROGRAMS
dc.subjectPENSION PROVISION
dc.subjectPENSION REFORM
dc.subjectPENSION SAVINGS
dc.subjectPENSION SCHEME
dc.subjectPENSION SCHEMES
dc.subjectPENSION SPENDING
dc.subjectPENSION SYSTEM
dc.subjectPENSION SYSTEMS
dc.subjectPENSION WEALTH
dc.subjectPENSIONABLE AGE
dc.subjectPENSIONERS
dc.subjectPENSIONS
dc.subjectPERFORMANCE INDICATORS
dc.subjectPOPULATION AGEING
dc.subjectPOPULATION CENSUS
dc.subjectPOPULATION CENSUSES
dc.subjectPOPULATION DATA
dc.subjectPOPULATION DIVISION
dc.subjectPOPULATION FORECASTS
dc.subjectPOPULATION PROJECTIONS
dc.subjectPRESENT VALUE
dc.subjectPREVIOUS SECTION
dc.subjectPRICE INDEXATION
dc.subjectPRIVATE INSTITUTIONS
dc.subjectPRIVATE PENSION
dc.subjectPRIVATE SECTOR
dc.subjectPROGRESS
dc.subjectPROVIDENT FUND
dc.subjectPROVIDENT FUNDS
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC DEFICIT
dc.subjectPUBLIC PENSION
dc.subjectPUBLIC SCHEME
dc.subjectPUBLIC SECTOR EMPLOYEES
dc.subjectPUBLIC SECTOR WORKERS
dc.subjectPUBLIC SERVICE
dc.subjectREFUGEES
dc.subjectREPLACEMENT RATE
dc.subjectREPLACEMENT RATES
dc.subjectRESERVES
dc.subjectRETIREES
dc.subjectRETIREMENT
dc.subjectRETIREMENT AGE
dc.subjectRETIREMENT AGES
dc.subjectRETIREMENT BEHAVIOR
dc.subjectRETIREMENT INCOME
dc.subjectRETIREMENT INCOME PROVISION
dc.subjectRETIREMENT INVESTMENT
dc.subjectRETIREMENT-INCOME
dc.subjectRURAL AREAS
dc.subjectRURAL POPULATION
dc.subjectSELF EMPLOYMENT
dc.subjectSERVANTS
dc.subjectSEX
dc.subjectSOCIAL ASSISTANCE
dc.subjectSOCIAL INSURANCE
dc.subjectSOCIAL INSURANCE CONTRIBUTION
dc.subjectSOCIAL INSURANCE PROGRAMS
dc.subjectSOCIAL PENSIONS
dc.subjectSOCIAL PROGRAMS
dc.subjectSOCIAL PROTECTION
dc.subjectSOCIAL SECURITY
dc.subjectSOCIAL SECURITY REFORMS
dc.subjectSOCIAL SECURITY SYSTEM
dc.subjectSOCIAL SECURITY SYSTEMS
dc.subjectTAX FINANCING
dc.subjectTECHNICAL ASSISTANCE
dc.subjectUNEMPLOYED
dc.subjectUNEMPLOYMENT
dc.subjectUNFUNDED PENSION
dc.subjectURBAN POPULATION
dc.subjectVOLUNTARY PENSIONS
dc.subjectWAGE BILL
dc.subjectWAGE LEVEL
dc.subjectWAGE LEVELS
dc.subjectWOMAN
dc.subjectWORKER
dc.subjectWORKFORCE
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.subjectWORLD HEALTH ORGANIZATION
dc.subjectaging populations
dc.titleInternational Patterns of Pension Provision II : A Worldwide Overview of Facts and Figuresen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.date.disclosure2012-06-20
okr.date.doiregistration2025-05-05T12:09:24.631810Z
okr.doctypePublications & Research::Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2012/06/16406441/international-patterns-pension-provision-ii-worldwide-overview-facts-figures
okr.globalpracticeSocial Protection and Labor
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.globalpracticeHealth, Nutrition, and Population
okr.guid143611468168560687
okr.identifier.externaldocumentum000333038_20120621024626
okr.identifier.internaldocumentum16406441
okr.identifier.report70319
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/06/21/000333038_20120621024626/Rendered/PDF/703190NWP0SPL000Box370035B00PUBLIC0.pdfen
okr.topicPensions and Retirement Systems
okr.topicHealth, Nutrition and Population::Population Policies
okr.topicSocial Protections and Labor::Labor Markets
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPrivate Sector Development::Emerging Markets
okr.topicHealth
okr.topicNutrition and Population
okr.unitSocial Protection Team (HDNSP)
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
703190NWP0SPL000Box370035B00PUBLIC0.pdf
Size:
2.34 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
703190NWP0SPL000Box370035B00PUBLIC0.txt
Size:
708.52 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Social Protection and Jobs Discussion Papers