01545cas a2200241 a 4500 AALejournalIMF007475 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451845327 1018-5941 BD-DhAAL BD-DhAAL Hemming, Richard. Should Public Pensions be Funded? / Richard Hemming. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (35 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 outlines some of the arguments for and against the funding of public pensions, with a view to establishing whether there is an economic basis for judging funding to be superior to pay-as-you-go (PAYG). It is argued that funding does not have a clear advantage, and the case for a shift from PAYG to funding is thus an uneasy one. There is nonetheless growing advocacy of funded public pensions as part of an ideal pension system, which raises more general issues about the role of the public sector in pension provision. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1998/035 Full text available on IMF http://elibrary.imf.org/view/journals/001/1998/035/001.1998.issue-035-en.xml IMF e-Library