Pension Regimes and Saving
Alfredo Cuevas,
George Mackenzie and
Philip Gerson
No 1997/006, IMF Occasional Papers from International Monetary Fund
Abstract:
Public pension systems around the world have been criticized in recent years for some serious flaws, including the excessive burden they impose on the public finances and their depressing impact on saving rates. This study analyzes the impact of pension systems and pension reform on saving, paying particular attention to the impact of the introduction of defined-contribution plans like that of Chile. It also surveys the literature on the impact of pension regimes on saving, discusses some recent reforms, and addresses the role of private pension plans.
Keywords: OP; saving rate; saving; rate; pension saving; private sector saving; voluntary saving; work history; Pensions; Pension spending; Retirement; Aging; Private savings; Eastern Europe; Baltics; Africa; savings vehicle; company pension plans (search for similar items in EconPapers)
Pages: 52
Date: 1997-09-10
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfops:1997/006
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