01633cas a2200241 a 4500 AALejournalIMF000604 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451848144 1018-5941 BD-DhAAL BD-DhAAL Heller, Peter. Rethinking Public Pension Reform Initiatives / Peter Heller. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (30 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 argues that there are significant risks, limitations, and complications associated with reliance upon mandatory DC, fully funded schemes as the dominant public pension pillar. Policies to limit risks may result in the government being reinjected into playing an important financial role in the provision of social insurance. For many countries, the principal source of old age support should thus derive from a well-formulated, public DB pillar, with a significant amount of prefunding. A DC/FF pillar can play a useful supplemental role in a multi-pillar system for the accumulation of pension savings. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1998/061 Full text available on IMF http://elibrary.imf.org/view/journals/001/1998/061/001.1998.issue-061-en.xml IMF e-Library