Regulating Private Pension Schemes

Regulating Private Pension Schemes PDF

Author: International Network of Pensions Regulators and Supervisors. Conference

Publisher: OECD Publishing

Published: 2002

Total Pages: 336

ISBN-13:

DOWNLOAD EBOOK →

The issue of providing appropriate financial security for retirement is of growing importance for both OECD member and non-member countries, and the approaches adopted to implement the necessary reforms vary depending on each country's economic, social and demographic environment. Increasingly, however, reform programmes involve the establishment or extension of private pension arrangements. This book contains a selection of papers presented at a meeting in April 2001 of the International Network of Pension Regulators and Supervisors (INPRS) and the OECD to discuss the key policy implications arising from the growth of private pension schemes.

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.

Private Pension Systems and Policy Issues

Private Pension Systems and Policy Issues PDF

Author:

Publisher: OECD

Published: 2000

Total Pages: 404

ISBN-13:

DOWNLOAD EBOOK →

This new OECD series is devoted to improving our understanding of private pension systems worldwide. It will provide an invaluable tool for academics, policy makers and actors in the private sector who will find in it a reference work on the main issues involved in the design, functioning, and regulation of private pension plans.

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 ...

The Challenge of Public Pension Reform in Advanced and Emerging Economies

The Challenge of Public Pension Reform in Advanced and Emerging Economies PDF

Author: Mr.Benedict J. Clements

Publisher: International Monetary Fund

Published: 2013-01-25

Total Pages: 86

ISBN-13: 147556631X

DOWNLOAD EBOOK →

Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where pension coverage is extensive, the issues are similar to those in advanced economies. Where pension coverage is low, the key challenge will be to expand coverage in a fiscally sustainable manner. This volume examines the outlook for public pension spending over the coming decades and the options for reform in 52 advanced and emerging market economies.

Pensions

Pensions PDF

Author: Henry J. Mullen

Publisher:

Published: 2010

Total Pages: 0

ISBN-13: 9781608768400

DOWNLOAD EBOOK →

Millions of retired Americans rely on defined benefit pension plans for their financial well-being. Recent reports have noted that some plans are investing in 'alternative' investments such as hedge funds and private equity funds. To better understand this trend and its implications, this book examines the extent to which plans invest in hedge funds and private equity, the potential benefits and challenges of hedge fund investments, the potential benefits and challenges of private equity investments and what mechanisms regulate and monitor pension plan investments in hedge funds and private equity. Moreover, this book examines common 401(k) plan features and challenges sponsors face in fulfilling their fiduciary obligations when overseeing plan operations. In addition, the ageing of the American population has made retirement income an issue of increasing concern to the Congress and the public. This book summarises recent trends in pension sponsorship, labour force participation and social security issues. This book consists of public documents which have been located, gathered, combined, reformatted, and enhanced with a subject index, selectively edited and bound to provide easy access.

Pension fund governance

Pension fund governance PDF

Author: Michael Orszag, John Evans, John Piggott

Publisher: Edward Elgar Publishing

Published: 2008-06-30

Total Pages: 284

ISBN-13: 1781007667

DOWNLOAD EBOOK →

'This collection of essays on a rapidly developing topic is a valuable addition to the field and the editors must be congratulated on beginning to bring the area to the attention of thinkers and government (not necessarily the same thing), who are charged with dealing with the challenge of controlling private pension provision.' - Robin Ellison, Pensions