01784cas a2200241 a 4500 AALejournalIMF000557 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451842753 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Pension Reform in the Baltics, Russia, and other Countries of the Former Soviet Union (BRO). Washington, D.C. : International Monetary Fund, 1998. 1 online resource (40 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 Despite their increasing fiscal burden, the public pension systems of BRO countries are failing to provide adequate social protection. Although there is a broad consensus about the need for pension reforms, BRO countries are debating whether to embark on systemic reforms or whether to correct the distortions in their pay-as-you-go (PAYG) pension systems. The paper reviews the measures taken by BRO countries during the transition period to address their pension problems and examines the options for further reform. It makes a strong case for a gradual reform approach aimed at establishing a multi-pillar system over the long run, but initially focused on implementation of 'high-quality' reforms of the PAYG system. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1998/011 Full text available on IMF http://elibrary.imf.org/view/journals/001/1998/011/001.1998.issue-011-en.xml IMF e-Library