The Pension Bomb And Possible Solutions

Mahmood Khalid, Naseem Faraz and Brig. (Retd.) Muhammad Ashraf
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Mahmood Khalid: Pakistan Institute of Development Economics, Islamabad
Naseem Faraz: Pakistan Institute of Development Economics, Islamabad

No 2020:22, PIDE Policy View Point from Pakistan Institute of Development Economics

Abstract: Public sector employment remains an attraction for two important reasons: job security and a guaranteed pension (Dixit, 2002).[1] Unlike other countries Pakistan has not reformed its public sector pension system and maintains a pay-as-u�go defined benefits type pension system which has resulted in build up of unfunded liability for the government.

Keywords: Pension; Solutions (search for similar items in EconPapers)
Pages: 4 pages
Date: 2020
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