Reality and Challenges of Pension Schemes in Tunisia

Chourouk Houssi

International Social Security Review, 2005, vol. 58, issue 1, 99-120

Abstract: This article tries to establish whether the statutory system of pensions based on the pay‐as‐you‐go principle is financially defensible in the context of an ageing population. Our study uses the case of Tunisia. The hypothesis that the population is ageing has been confirmed by a prospective study of the Tunisian population to 2050. A simulation of the pension schemes reveals a deficit which is growing at an exponential rate and which must inevitably jeopardize the financial viability of the schemes. Pension reform is thus unavoidable. After studying a number of experiences from other countries, which we describe, we propose a switch to notional defined‐contribution schemes and/or organized in tiers.

Date: 2005
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.1111/j.1468-246X.2005.00212.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:intssr:v:58:y:2005:i:1:p:99-120

Access Statistics for this article

More articles in International Social Security Review from John Wiley & Sons
Bibliographic data for series maintained by Wiley Content Delivery ().