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Public pension systems around the world have been criticized in recent years for some serious flaws, including the excessive burden they impose on the public finances and their depressing impact on saving rates. This study analyzes the impact of pension systems and pension reform on saving, paying particular attention to the impact of the introduction of defined-contribution plans like that of Chile. It also surveys the literature on the impact of pension regimes on saving, discusses some recent reforms, and addresses the role of private pension plans.
Capital --- National savings --- Social security law --- Defined benefit pension plans --- Old age pensions --- Saving and investment --- Pension trusts --- Finance --- 368.382 --- -Pension trusts --- pensioenen --- sociale zekerheid --- pension --- securite sociale --- epargne pension --- international --- AA* / International - Internationaal --- 368.43 --- 339.311.0 --- 330.05 --- 331.252 --- Accumulation, Capital --- Capital accumulation --- Capital formation --- Investment and saving --- Saving and thrift --- Supply-side economics --- Wealth --- Investments --- Employee pension trusts --- Pension funds --- Pension plans --- Trusts and trustees --- Employees --- OASI (Old age and survivors insurance) --- Old age and survivors insurance --- Older people --- Retirement pensions --- Survivors' benefits (Old age pensions) --- Pensions --- Benefit-based pension plans --- Defined benefit plans --- Pension plans, Defined benefit --- Particuliere ziekteverzekering --- pensioen --- pensioensparen --- internationaal --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen. --- Sparen: algemeenheden. --- Working papers --- Defined benefit pension plans. --- Pension trusts. --- Saving and investment. --- Finance. --- 368.382 Particuliere ziekteverzekering --- Sparen: algemeenheden --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen --- Old age pensions - Finance --- Investments: General --- Labor --- Macroeconomics --- Public Finance --- Demography --- Nonwage Labor Costs and Benefits --- Private Pensions --- Social Security and Public Pensions --- Retirement --- Retirement Policies --- Economics of the Elderly --- Economics of the Handicapped --- Non-labor Market Discrimination --- Macroeconomics: Consumption --- Saving --- Labour --- income economics --- Population & demography --- Investment & securities --- Pension spending --- Aging --- Private savings --- Expenditure --- Population and demographics --- National accounts --- Population aging --- Wages --- Income --- United States --- Income economics
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