Pension Regimes and Saving

By Alfredo Cuevas, George A Mackenzie, Philip R. Gerson

September 10, 1997

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Alfredo Cuevas, George A Mackenzie, and Philip R. Gerson Pension Regimes and Saving, (USA: International Monetary Fund, 1997) accessed November 21, 2024

Summary

Public pension systems around the world have been criticized in recent years for some serious flaws, including the excessive burden they impose on the public finances and their depressing impact on saving rates. This study analyzes the impact of pension systems and pension reform on saving, paying particular attention to the impact of the introduction of defined-contribution plans like that of Chile. It also surveys the literature on the impact of pension regimes on saving, discusses some recent reforms, and addresses the role of private pension plans.

Subject: Aging, Expenditure, Labor, National accounts, Pension spending, Pensions, Population and demographics, Private savings, Retirement

Keywords: Africa, Aging, Baltics, Company pension plans, Eastern Europe, OP, Pension saving, Pension spending, Pensions, Private savings, Private sector saving, Rate, Retirement, Saving, Saving rate, Savings vehicle, Voluntary saving, Work history

Publication Details

Pages:

52
Volume:

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DOI:

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Issue:

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Series:

Occasional Paper No. 1997/006
Stock No:

S153EA0000000
ISBN:

9781557756404
ISSN:

0251-6365

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