Administrative requirements and prospects for universal NDCs in emerging economies

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dc.contributor.author Palacios, Robert
dc.date.accessioned 2019-08-01T10:28:29Z
dc.date.available 2019-08-01T10:28:29Z
dc.date.issued 2019-08-01
dc.identifier.citation Palacios R. (2019), Administrative requirements and prospects for universal NDCs in emerging economies, Roma, INAPP, WP, n. 31 <http://oa.inapp.org/xmlui/handle/123456789/468> en_US
dc.identifier.uri http://oa.inapp.org/xmlui/handle/123456789/468
dc.description.abstract Many public policies are impossible to implement without adequate administrative systems in place. This is true for modern pension schemes and in particular, notional defined contribution (NDC) schemes. Today these systems must be digital yet most pension systems predate computerization and must find a way to bridge past and present. The shift from defined benefit (DB) to NDC brings particular challenges in recordkeeping. This paper briefly reviews the administrative requirements of NDCs and offers a simple checklist for countries considering this type of reform. The last section describes a universal NDC scheme that harnesses the modern digital infrastructure that may allow developing countries to overcome the limitations of traditional contributory systems and their reliance on payroll taxes. en_US
dc.language.iso en en_US
dc.subject Innovazione tecnologica en_US
dc.subject Pensionamento en_US
dc.title Administrative requirements and prospects for universal NDCs in emerging economies en_US
dc.type Working Paper en_US


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