OECD Reviews of Pension Systems: Portugal

OECD Reviews of Pension Systems: Portugal PDF

Author: OECD

Publisher: OECD Publishing

Published: 2019-03-20

Total Pages: 166

ISBN-13: 9264313737

DOWNLOAD EBOOK →

This review builds on the OECD’s best practices in pension design and provides policy recommendations on how to improve the Portuguese pension system, detailing the Portuguese pension system and its strengths and weaknesses based on cross-country comparisons. The Portuguese pension system ...

International Comparison of Pension Systems

International Comparison of Pension Systems PDF

Author: Hongmu Lee

Publisher: Springer Nature

Published: 2022-11-30

Total Pages: 515

ISBN-13: 9811964467

DOWNLOAD EBOOK →

This book is about retirement income security. This income security is provided by national public pensions, corporate pensions, and individual and reverse mortgages. However, these systems vary greatly from country to country and, in many countries, do not provide sufficient coverage. Ensuring income security in old age is an important issue that must be resolved in the rapidly aging environment of the world. From the perspective of financial consumers, this book cross-sectionally surveys public pensions, corporate pensions, individual pensions and reverse mortgages and compares them among many important nations. This gives many implications from the perspective of designing an overall income security for each individual. In addition, it presents many of the issues needed for these sustainable and comprehensive income security.

International Comparison of Pension Systems

International Comparison of Pension Systems PDF

Author: Hongmu Lee

Publisher:

Published: 2022

Total Pages: 0

ISBN-13: 9789811964473

DOWNLOAD EBOOK →

This book is about retirement income security. This income security is provided by national public pensions, corporate pensions, and individual and reverse mortgages. However, these systems vary greatly from country to country and, in many countries, do not provide sufficient coverage. Ensuring income security in old age is an important issue that must be resolved in the rapidly aging environment of the world. From the perspective of financial consumers, this book cross-sectionally surveys public pensions, corporate pensions, individual pensions and reverse mortgages and compares them among many important nations. This gives many implications from the perspective of designing an overall income security for each individual. In addition, it presents many of the issues needed for these sustainable and comprehensive income security.

Assessing Chile's Pension System: Challenges and Reform Options

Assessing Chile's Pension System: Challenges and Reform Options PDF

Author: Samuel Pienknagura

Publisher: International Monetary Fund

Published: 2021-09-10

Total Pages: 52

ISBN-13: 151359611X

DOWNLOAD EBOOK →

Chile’s pension system came under close scrutiny in recent years. This paper takes stock of the adequacy of the system and highlights its challenges. Chile’s defined contribution system was quite influential when introduced, and was taken as an example by other countries. However, it is now delivering low replacement rates relative to OECD peers, as its parameters did not adapt over time to changing demographics and global returns, while informality persists in the labor market. In the absence of reforms, the system’s inability to deliver adequate outcomes for a large share of participants will continue to magnify, as demographic trends and low global interest rates will continue to reduce replacement rates. In addition, recent legislation allowing for pension savings withdrawals to counter the effects from the COVID-19 pandemic, is projected to further reduce replacement rates and increase fiscal costs. A substantial improvement in replacement rates is feasible, via a reform that raises contribution rates and the retirement age, coupled with policies that increases workers’ contribution density.

Pensions at a Glance 2021 OECD and G20 Indicators

Pensions at a Glance 2021 OECD and G20 Indicators PDF

Author: OECD

Publisher: OECD Publishing

Published: 2021-12-08

Total Pages: 224

ISBN-13: 9264641335

DOWNLOAD EBOOK →

The 2021 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the past two years. Moreover, the special chapter focuses on automatic adjustment mechanisms in pensions systems in OECD countries, discusses the usefulness and limitations of these policy instruments, and suggests ways to improve them in order to enhance the capacity of pension systems to fulfil their objectives.

Pension Reform and the Development of Pension Systems

Pension Reform and the Development of Pension Systems PDF

Author: Emily S. Andrews

Publisher: World Bank Publications

Published: 2006

Total Pages: 198

ISBN-13: 0821365525

DOWNLOAD EBOOK →

"Formal pension systems are an important means of reducing poverty among the aged. In recent years, however, pension reform has become a pressing matter, as demographic aging, poor administration, early retirement, and unaffordable benefits have strained pension balances and overall public finances. Pension systems have become a source of macroeconomic instability, a constraint to economic growth, and an ineffective and/or inequitable provider of retirement income."