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Public Pension Reform; A Primer

Author

Listed:
  • Alain Jousten

Abstract

The present paper reviews key issues in pension design and pension reform encountered all across the world. The paper heavily refers to the recent U.S. Social Security reform debate in general and to the Personal Retirement Accounts proposal in particular. A particular emphasis is put on annuitization and risk-taking in the economy. Our discussion signals some inadequacy of the proposed measures with respect to the goals of viability of the system and individual financial security during retirement.

Suggested Citation

  • Alain Jousten, 2007. "Public Pension Reform; A Primer," IMF Working Papers 07/28, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:07/28
    as

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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=20207
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    Citations

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    Cited by:

    1. Aaron George Grech, 2013. "How best to measure pension adequacy," CASE Papers case172, Centre for Analysis of Social Exclusion, LSE.
    2. Aggarwal, Raj & Goodell, John W., 2013. "Political-economy of pension plans: Impact of institutions, gender, and culture," Journal of Banking & Finance, Elsevier, vol. 37(6), pages 1860-1879.
    3. Ferro, Gustavo, 2008. "Un impulso al mercado de rentas vitalicias en EspaƱa
      [Promoting the annuities market in Spain]
      ," MPRA Paper 20211, University Library of Munich, Germany, revised Jul 2008.
    4. Ferro, Gustavo, 2008. "On annuities: an overview of the issues," MPRA Paper 20209, University Library of Munich, Germany, revised Oct 2009.
    5. Aaron George, Grech, 2014. "Pension policy design: The core issues," MPRA Paper 53662, University Library of Munich, Germany.
    6. repec:cep:sticas:/172 is not listed on IDEAS
    7. Sergio Clavijo, 2009. "Social Security Reforms in Colombia; Striking Demographic and Fiscal Balances," IMF Working Papers 09/58, International Monetary Fund.

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