Working Paper

Pensions for Public-Sector Employees : Lessons from OECD Countries’ Experience

Show simple item record

collection.link.223
https://openknowledge.worldbank.org/handle/10986/13084
collection.name.223
Social Protection and Labor Discussion Papers
dc.contributor.author
Whitehouse, Edward
dc.date.accessioned
2016-10-27T20:21:59Z
dc.date.available
2016-10-27T20:21:59Z
dc.date.issued
2016-10
dc.date.lastModified
2021-06-14T10:15:57Z
dc.description.abstract
In 27 out of 34 OECD member countries, there is institutionally separate retirement-income provision for some or all public-sector workers. But the scope of these pension schemes varies significantly: from a modest top-up to the national pension arrangements (covering private-sector workers as well) to entirely independent retirement-income regimes. Average expenditure on these schemes amounts to about 1.5 percent of GDP, or nearly a quarter of total public pension spending. Public-sector pension reform is an issue of great political importance in many countries. Central governments’ workforces are ageing rapidly in all but four of the 26 countries for which data are available. One in three of central-government employees were aged 50 and over in 2009, compared with 22 percent in 1995. This rapid ageing is pushing up the cost of pension schemes at a time when many OECD countries are embarking on fiscal consolidation. This paper examines the arguments and the options for reforming public-sector pension schemes from an international viewpoint. It assesses five different policies to reduce expenditures or increase contribution revenues, showing how these can have very different effects in a public-sector scheme than with national retirement-income arrangements.
en
dc.identifier
http://documents.worldbank.org/curated/en/2016/10/26884076/pensions-public-sector-employees-lessons-oecd-countries’-experience
dc.identifier.uri
http://hdl.handle.net/10986/25286
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Social Protection and Labor Discussion Paper;No. 1612
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
pensions
dc.subject
public employment
dc.subject
demographics
dc.subject
labor mobility
dc.title
Pensions for Public-Sector Employees
en
dc.title.subtitle
Lessons from OECD Countries’ Experience
en
dc.type
Working Paper
en
okr.crossref.title
Pensions for Public-Sector Employees
okr.date.disclosure
2016-10-24
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Working Paper
okr.docurl
http://documents.worldbank.org/curated/en/2016/10/26884076/pensions-public-sector-employees-lessons-oecd-countries’-experience
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/25286
okr.identifier.externaldocumentum
090224b0846813b5_5_0
okr.identifier.internaldocumentum
26884076
okr.identifier.report
109429
okr.imported
true
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/788701477305532992/pdf/109429-REVISED-PUBLIC-OECD-Pensions.pdf
en
okr.region.geographical
Europe
okr.theme
Social protection and risk management
okr.topic
Social Protections and Labor :: Pensions & Retirement Systems
okr.topic
Public Sector Development :: Public Sector Management and Reform
okr.unit
Social Protection & Labor AFR E (GSP01)

Show simple item record



This item appears in the following Collection(s)