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Supplementary Pension Schemes in Italy: Features,Development and Opportunities for Workers

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Author Info
Riccardo Cesari () (University of Bologna, Faculty of Economics)
Giuseppe Grandi () (Bank of Italy, Economic Outlook and Monetary Policy Department)
Fabio Panetta () (Bank of Italy, Economic Outlook and Monetary Policy Department)

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Abstract

Despite the reforms of recent years, the development of pension funds in Italy remains unsatisfactory, limiting workers’ retirement saving and hampering the capital market.This study analyzes the reasons for the lag, examines the potential benefits of supplementarypension schemes for workers, and considers possible policy measures to foster their growth.

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Publisher Info
Article provided by GDE (Giornale degli Economisti e Annali di Economia), Bocconi University in its journal Giornale degli Economisti e Annali di Economia.

Volume (Year): 67 (2008)
Issue (Month): 1 (March)
Pages: 21-73
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Handle: RePEc:gde:journl:gde_v67_n1_p21-73

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Related research
Keywords: pension funds; retirement; financial education; employer contributions; management fees; severance pay; Tfr;

Other versions of this item:

Find related papers by JEL classification:
G23 - Financial Economics - - Financial Institutions and Services - - - Pension Funds; Other Private Financial Institutions
H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
I22 - Health, Education, and Welfare - - Education - - - Educational Finance
J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

Cited by:
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  1. Renata Bottazzi & Tullio Jappelli & Mario Padula, 2009. "The Portfolio Effect of Pension Reforms," CSEF Working Papers 234, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy. [Downloadable!]
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This page was last updated on 2009-11-30.

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