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Adequacy of Public Pension Systems

2020
Pensions are the main source of income in old age. Their main value is provided, in most countries, by public pension systems. Therefore, one of the main challenges for governments and policymakers is to enable people to smooth consumption over the life cycle in an appropriate scale.
Rosado Cebrián, Beatriz   +2 more
openaire   +2 more sources

Equity of Public Pension System

2020
Fairness is an important feature of pension systems, but it is a wide concept with multiple sides. In this chapter, we try to distinguish some of them with the aim of using the terms in a proper manner. More specifically, we have observed at least five meanings for the notion of fairness when applying to a pension system: justice, equity, neutrality ...
Robert Meneu-Gaya   +2 more
openaire   +1 more source

Sustainability of Public Pension Systems

2020
The aim of this chapter is to review the main instruments and indicators used to measure the sustainability of PAYG pension systems. It will distinguish between defined contribution and defined benefit systems, due to the various implications that each of them has.
Devesa Carpio, José Enrique   +2 more
openaire   +2 more sources

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