Top 3: Pension Systems in Denmark, Finland, and the Netherlands

Svend E. Hougaard Jensen, Jukka Lassila, Niku Määttänen, Tarmo Valkonen and Ed Westerhout

No 66, ETLA Working Papers from The Research Institute of the Finnish Economy

Abstract: Abstract According to the 2018 Mercer Global Pension index, the pension systems of Denmark, Finland and the Netherlands are the best three in the world. This paper seeks to identify the common elements of success of these three pension systems, including the institutional framework within which they operate. We emphasize the collective and compulsory nature of the earnings-related pension schemes and the important role for social partners in all three pension systems. We also discuss what we believe are the most important challenges these systems face.

Keywords: Pensions; Pension taxation; Fiscal sustainability; Saving; Retirement (search for similar items in EconPapers)
JEL-codes: D58 E21 H55 H68 J11 J26 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2019-04-02
New Economics Papers: this item is included in nep-age, nep-mac and nep-pbe
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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