Results 151 to 160 of about 1,594 (187)
Differential Mortality and the Design of the Italian System of Public Pensions [PDF]
Abstract. This paper considers the issue of actuarial fairness of the new Italian public pension system in view of the recent trends in old‐age mortality and the survival differences by gender, birth cohort and region of residence. After reviewing the secular trends in elderly mortality in Italy, and the evolution of regional differences in survival ...
CASELLI, Graziella +3 more
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REFORMING THE ITALIAN PENSION SYSTEM IN THE XXI CENTURY: THE ISSUE OF SENIORITY PENSIONS ONCE AGAIN [PDF]
Alternative pension schemes, and early retirement provisions in particular, can produce different effects on retirement behavior, with significant economic consequences. This paper presents new evidence on the effect of different seniority pension reforms, considering the evolution of an agent-based economy in Italy, with heterogeneous workers whose ...
VAGLIASINDI, Pietro +2 more
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Italy: The Italian pension system - reform trajectories and open issues
2022We start by focusing on the main issues concerning the public scheme and then move to assess the evolution and the role of the private pillar. The appraisal of the private pillar – that even after the reforms is supplementary and residual with respect to the public pillar – is better understood once the possibilities and limits of the public scheme are
Pizzuti Felice Roberto, Raitano Michele
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2022
The chapter analyses the evolution and the current structure of the Italian pension system. As a three pillars system the public pension system does not represent the only resource for retirement planning, but the private pension funds and the individual retirement accounts complete the structure of the pension system.
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The chapter analyses the evolution and the current structure of the Italian pension system. As a three pillars system the public pension system does not represent the only resource for retirement planning, but the private pension funds and the individual retirement accounts complete the structure of the pension system.
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Critical Issues of Public Pension System: The Italian Case
2020This chapter addresses the issue of the financial sustainability of public PAYG pension schemes. Criticalities and, in particular, demographic risks affecting those schemes have been analysed. A possible solution to reduce demographic risk impact is presented, that is the introduction of a funded component to balance the PAYG part when the ratio of ...
Melis, Roberta, Trudda, Alessandro
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The Italian Pension System in the European Context
SSRN Electronic Journal, 2003The aims of this work are to discuss whether there is an anomaly in the Italian pension system and, if there is, to investigate its causes and its influence on the future prospects of the system and on the debate on reform issues. In order to address these questions, we first provide an institutional and quantitative description of the main features of
Roberto Artoni, Alessandra Casarico
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The Italian Pension System and Social Inclusion
2007This rigorous study sheds light on these issues. It assesses the extent to which six European multi-pillar pension regimes are socially inclusive, by micro-simulating retirement income for hypothetical citizens facing typical post-industrial risks. This timely book suggests that non-state provision has significant limitations, yet also identifies the ...
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The Italian Pension System: Development and Effects on Income Distribution and Poverty
LABOUR, 1990Abstract. The study defines the role that supplementary funded pension plans could play in the Italian pension system. It also outlines the redistributive effects of pension benefits drawing on a survey of households' income. Finally it provides a brief assessment of the main problems of the Italian pension system.
Daniele Franco, Giancarlo Morcaldo
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The Italian Pension System: A Compact Historical Overview (1898-1970)
Rivista di storia economica, 2018This paper provides a compact overview of the evolution and the development of the pension system, in the period between 1898 and 1970, focusing on the aspect of financial equilibrium. After a brief review of the origins of the Italian social security system, the technical methods of financing are considered, analysing the reasons for the crisis of the
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The Distributional Impact of Pension System Reforms: An Application to the Italian Case
Fiscal Studies, 2004AbstractBetween 1992 and 1995, the Italian pension system was deeply reformed, and it is now moving from an earnings‐related to a contribution‐based scheme. The pre‐1992 system was generous and redistributive; however, often redistribution operated from the poor to the rich, notably because the benefit formula was based on the last years of earnings ...
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