The Pension Puzzle: Prerequisites and Policy Choices in Pension Design

N. Barr

No 2002/002, IMF Economic Issues from International Monetary Fund

Abstract: Looks at the policy choices involved in creating pension schemes, particularly whether it is advisable to move away from government pay-as-you-go pensions toward private or publicly funded plans. Examines the reasons for the controversy surrounding pension design, and whether the second level of pension systems should be mandatory, private, funded, and defined-contribution.

Keywords: EI; pay-as-you-go; government; country; government pay-as-you-go system; pay-as-you-go scheme; state pension; pay-as-you-go pension; pay-as-you-go basis; government pay-as-you-go-plan; Pension spending; Pensions; Aging; Retirement; Consumption (search for similar items in EconPapers)
Pages: 28
Date: 2002-04-30
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Citations: View citations in EconPapers (10)

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