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Pension Reform and the Development of Pension Systems: An Evaluation of World Bank Assistance

Pension Reform and the Development of Pension Systems: An Evaluation of World Bank Assistance

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Formal pension systems are an important means of reducing poverty among the aged. In recent years, however, pension reform has become a pressing matter, as demographic aging, poor administration, early retirement, and unaffordable benefits have strained pension balances and overall public finances.Pension systems have become a source of macroeconomic instability, a constraint to economic growth, and an ineffective and/or inequitable provider of retirement income.
Formal pension systems are an important means of reducing poverty among the aged. In recent years, however, pension reform has become a pressing matter, as demographic aging, poor administration, early retirement, and unaffordable benefits have strained pension balances and overall public finances.Pension systems have become a source of macroeconomic instability, a constraint to economic growth, and an ineffective and/or inequitable provider of retirement income.

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Publish date: Mar 1, 2006
Added to Scribd: Jun 03, 2009
Copyright:AttributionISBN:9780821365519

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10/01/2014

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9780821365519

 
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