Pension Reforms in Europe : How Far Have We Come and Gone? /

In the past few decades, a myriad of reforms in Europe have had a significant impact on the way and extent to which public pensions provide retirement income. This departmental paper takes stock of where European pension systems stand and assesses their key characteristics. We present a novel measur...

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Detalles Bibliográficos
Autor Principal: Fouejieu, Armand
Outros autores: Kangur, Alvar, Martinez, Samuel, Soto, Mauricio
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2021.
Series:Departmental Papers; Departmental Paper ; No 2021/016
Subjects:
Acceso en liña:Full text available on IMF
Descripción
Summary:In the past few decades, a myriad of reforms in Europe have had a significant impact on the way and extent to which public pensions provide retirement income. This departmental paper takes stock of where European pension systems stand and assesses their key characteristics. We present a novel measure of the balance between lifetime benefits and contributions-the Proportionality Measure-to examine pension systems' long-term sustainability, fairness, and intergenerational equity.
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Descrición Física:1 online resource (93 pages)
Formato:Mode of access: Internet
ISSN:2616-5333
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students