Pension Reform in India

Robert Gillingham and Daniel Kanda

No 2001/125, IMF Working Papers from International Monetary Fund

Abstract: This paper reviews the current state of the pension system in India, as well as plans to reform it. Problems with the current system are identified, and, within this context, the appropriate role of the government in retirement saving is discussed. Finally, the OASIS reform proposal is evaluated and additional reform options are presented.

Keywords: WP; EPF funds; EPF rate; rate of return stream; rate-of-return guarantee; basis point; Public pensions; personal saving; individual retirement accounts; provident fund; investment strategy; EPF system; fund manager; EPF retirement claim; Pensions; Pension spending; Retirement; Aging; Wages (search for similar items in EconPapers)
Pages: 30
Date: 2001-09-01
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Citations: View citations in EconPapers (10)

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