01715cas a2200241 a 4500 AALejournalIMF000120 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451849547 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Pension Reform in Belgium. Washington, D.C. : International Monetary Fund, 1996. 1 online resource (42 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper reviews the financial implications of aging for the pension system in Belgium during 1995-2050. Our simulations indicate a strong rise in pension expenditure over the next half century, as is the case in other industrialized countries. In Belgium, the problem is particularly acute in the pension system for civil servants. The impact of amending indexation of pension benefits and their ceilings, of harmonizing pension schemes for public and private sector employees, and of increasing the mandatory retirement age is discussed. We also calculate rates of return on the participation in the Belgian pension system and present some evidence on the intergenerational impact of the different reform options. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1996/074 Full text available on IMF http://elibrary.imf.org/view/journals/001/1996/074/001.1996.issue-074-en.xml IMF e-Library