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2019 | OriginalPaper | Buchkapitel

Sustainability and Adequacy of Pension Systems Across the OECD: Shocks, Robustness and Policies

verfasst von : Falilou Fall

Erschienen in: The Future of Pension Plans in the EU Internal Market

Verlag: Springer International Publishing

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Abstract

Demographic developments are unfavourable for the financing of pension schemes in most OECD countries, implying continued growth in pension expenditure in virtually all OECD countries. This chapter examines the vulnerability of pension systems, with an emphasis on financial sustainability and adequacy. Policy trade-offs and complementarities are reviewed and flanking policies, which could underpin successful pension reforms, are examined. Automatic adjustment mechanisms are highlighted, as are the roles of prudential regulation and buffer or reserve funds in the case of shocks.

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Metadaten
Titel
Sustainability and Adequacy of Pension Systems Across the OECD: Shocks, Robustness and Policies
verfasst von
Falilou Fall
Copyright-Jahr
2019
Verlag
Springer International Publishing
DOI
https://doi.org/10.1007/978-3-030-29497-7_6