Overview of the Financial Wealth Accumulated under Funded

Oecd

Financial Market Trends, 2006, vol. 2006, issue 2, 189-221

Abstract: In addition to private pension fund and life insurance assets, several countries have accumulated large amounts of pension assets in their national pension reserve funds. Pension reserve fund refers to assets set aside by otherwise pay-as-you-go systems in preparation for the rising fiscal costs resulting from the predicted ageing of the population over the next few decades.

Date: 2006
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