01856cas a2200277 a 4500 AALejournalIMF017283 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475560336 1018-5941 BD-DhAAL BD-DhAAL Arbatli Saxegaard, Elif. Automatic Adjustment Mechanisms in Asian Pension Systems? / Elif Arbatli Saxegaard, Csaba Feher, Jack Ree, Ikuo Saito. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (29 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 Automatic adjustment mechanisms (AAMs)-rules ensuring that certain characteristics of a pension system respond to demographic, macroeconomic and financial developments, in a predetermined fashion and without the need for additional intervention-have been introduced in many OECD countries to tackle public pension schemes' deteriorating financial sustainability. Incorporating AAMs-in particular linking retirement age to life expectancy-can be an important part of pension reforms in Asia. If implemented early, AAMs could help prevent the need for sharp adjustments in the future, increase the predictability and inter-generational equity of pension systems and enhance confidence. Mode of access: Internet Feher, Csaba. Ree, Jack. Saito, Ikuo. IMF Working Papers; Working Paper ; No. 2016/242 Full text available on IMF http://elibrary.imf.org/view/journals/001/2016/242/001.2016.issue-242-en.xml IMF e-Library