Publication:
Pension Reform : Issues and Prospects for Non-Financial Defined Contribution Schemes

Simple item page
dc.contributor.authorHolzmann, Robert
dc.contributor.authorPalmer, Edward
dc.date.accessioned2012-06-04T15:30:05Z
dc.date.available2012-06-04T15:30:05Z
dc.date.issued2006
dc.description.abstractThe previous decade has been one of pension reform throughout the world. In high income countries, the driving force has been the threat that current systems will become unaffordable in coming decades, with demographic developments presenting a major risk. In another setting, countries in the process of transition from a command, to a market economy are confronted with the challenge of introducing a public pension system that will provide social security in old age, but that also supports the fundamentals of a market economy. In the latter sense, it is important to examine carefully the experiences of developed market economies. Even in these countries, the driving force behind reform is demographic change and affordability. In a third setting, middle and lower-middle income countries are faced with the question of what system will best serve the interests of their specific country goals for the future. In all of these settings "NDC"-non-financial defined contribution-pension schemes have been on the agenda in discussions of possible options. Sweden is one of the few countries to have implemented an NDC scheme in the 1990s, when NDC came into its own as a concept, implemented in four European Union (EU) countries (Italy, Latvia, and Poland are the other three). NDC has become a reform option considered by many countries, understandably since most of Europe has a pay-as-you-go tradition, and NDC constitutes a new way to "organize" a mandatory, universal pay-as-you-go pension system. With some experience of NDC schemes implemented, it is felt particularly relevant for Sweden to host a conference devoted to discussing both the conceptual and institutional aspects of NDC. The goal was even more ambitious, however: to contribute to creating a synthesis of current knowledge on this new topic. This book is the realization of that goal. It comprises discussion papers on the status of NDC, its concept and the reform strategies that follow. Papers also discuss the conceptual issues of design and implementation , lessons from countries with NDC contribution schemes, and finalizes on the potential of NDC contribution schemes in other countries' reforms.en
dc.identifierhttp://documents.worldbank.org/curated/en/2006/01/6625523/pension-reform-issues-prospects-non-financial-defined-contribution-ndc-schemes
dc.identifier.doi10.1596/978-0-8213-6038-5
dc.identifier.isbn978-0-8213-6038-5
dc.identifier.urihttps://hdl.handle.net/10986/6983
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectACTUARIAL NEUTRALITY
dc.subjectAGE GROUP
dc.subjectAGE GROUPS
dc.subjectAVERAGE WAGE
dc.subjectBALANCE SHEET
dc.subjectCOMMUNITIES
dc.subjectCOMPONENTS
dc.subjectCONTRIBUTION BASE
dc.subjectCONTRIBUTION RATE
dc.subjectCONTRIBUTION RATES
dc.subjectCOPYING
dc.subjectDEFINED CONTRIBUTION SYSTEMS
dc.subjectDEPENDENCY RATIO
dc.subjectDRIVERS
dc.subjectE-MAIL
dc.subjectECONOMIC NEEDS
dc.subjectECONOMIC REFORM
dc.subjectEMPLOYMENT RATE
dc.subjectFEMALE LABOR
dc.subjectFEMALE LABOR FORCE
dc.subjectFUNDED PENSIONS
dc.subjectFUNDED SCHEMES
dc.subjectINFORMAL ECONOMY
dc.subjectINNOVATIONS
dc.subjectLABOR FORCE
dc.subjectLABOR FORCE PARTICIPATION
dc.subjectLABOR MARKET
dc.subjectLABOR MOBILITY
dc.subjectLABOR ORGANIZATION
dc.subjectLABOR SUPPLY
dc.subjectLIFE EXPECTANCY
dc.subjectLIFELONG LEARNING
dc.subjectMARKET DEVELOPMENT
dc.subjectMARKET ECONOMIES
dc.subjectMARKET ECONOMY
dc.subjectOCCUPATION
dc.subjectOCCUPATIONS
dc.subjectOLD-AGE PENSION SYSTEM
dc.subjectOLD-AGE PENSIONS
dc.subjectPAY-AS-YOU-GO PENSION SYSTEMS
dc.subjectPENSION
dc.subjectPENSION AGENCY
dc.subjectPENSION PLANS
dc.subjectPENSION REFORM
dc.subjectPENSION SCHEMES
dc.subjectPENSION SYSTEM
dc.subjectPENSION SYSTEMS
dc.subjectPENSIONERS
dc.subjectPENSIONS
dc.subjectPRIVATE SECTOR
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC SCHEMES
dc.subjectPUBLIC SYSTEM
dc.subjectREPLACEMENT RATE
dc.subjectREPLACEMENT RATES
dc.subjectRETIREMENT
dc.subjectRETIREMENT AGE
dc.subjectRETIREMENT AGES
dc.subjectRETIREMENT INCOME
dc.subjectRETURN ON CAPITAL
dc.subjectSAVINGS
dc.subjectSOCIAL INSURANCE
dc.subjectSOCIAL INSURANCE AGENCY
dc.subjectSOCIAL INSURANCE FUND
dc.subjectSOCIAL PENSIONS
dc.subjectSOCIAL PROTECTION
dc.subjectSOCIAL SECURITY
dc.subjectSOCIAL SECURITY SYSTEMS
dc.subjectSTATE BUDGET
dc.subjectTOTAL EMPLOYMENT
dc.subjectWAGE BILL
dc.subjectWORKERS
dc.subjectWORKING CONDITIONS
dc.titlePension Reform : Issues and Prospects for Non-Financial Defined Contribution Schemesen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.doctypePublications & Research::Publication
okr.doctypePublications & Research::Publication
okr.docurlhttp://documents.worldbank.org/curated/en/2006/01/6625523/pension-reform-issues-prospects-non-financial-defined-contribution-ndc-schemes
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeSocial Protection and Labor
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.guid713861468120840510
okr.guid907561468778484449
okr.identifier.doi10.1596/978-0-8213-6038-5
okr.identifier.externaldocumentum000012009_20060228141812
okr.identifier.internaldocumentum6625523
okr.identifier.report35347
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/02/28/000012009_20060228141812/Rendered/PDF/353470REV0Pension0Reform01PUBLIC1.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.geographicalEurope
okr.topicSocial Protections and Labor::Pensions & Retirement Systems
okr.topicPublic Sector Development::State Owned Enterprise Reform
okr.topicSocial Protections and Labor::Labor Markets
okr.topicSocial Development::Children and Youth
okr.unitSocial Protection Team (HDNSP)
relation.isAuthorOfPublicationb036b47b-8d48-5ef8-81c6-543fe1f7c99d
relation.isAuthorOfPublicationb84ca6dd-f0a6-5cc0-af76-6d1011b72bff
relation.isAuthorOfPublication.latestForDiscoveryb84ca6dd-f0a6-5cc0-af76-6d1011b72bff
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
353470REV0Pension0Reform01PUBLIC1.pdf
Size:
5.36 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
353470REV0Pension0Reform01PUBLIC1.txt
Size:
2.29 MB
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
Stand alone books