Browsing Rapporti tecnici by Subject "Previdenza"

Browsing Rapporti tecnici by Subject "Previdenza"

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  • Palmer, Edward; de Gosson de Varennes, Yuwei Zhao (INAPP, 2019-07-31)
    This paper identifies and discusses four issues in creating annuities in (nonfinancial) defined contribution (NDC) schemes that are essential for systems’ financial stability and fair inter/intragenerational redistribution. ...
  • Fajnzylber, Eduardo (INAPP, 2019-07-31)
    In 2008, Chile introduced a New Solidarity Pillar (NSP) designed to eliminate the incidence of poverty among elderly adults by setting a floor at around 40 percent of the minimum monthly income for the poorest 60 percent ...
  • Sandbrook, Will; Ravi-Burslem, Ranila (2019-08-01)
    All UK employers now offer a pension scheme including the use of automatic enrollment. More than 9 million people have started saving into a workplace pension as a consequence. NEST is a pension scheme that any employer ...
  • Nectarios, Milton; Tinios, Platon (INAPP, 2019-07-31)
    Greece’s current pension system relies almost exclusively on the state and remains staunchly pay-as-you-go (PAYG) and defined benefit (DB). This paper offers a radical proposal for change: (i) a new multipillar notional ...
  • Fornero, Elsa; Oggero, Noemi; Puglisi, Riccardo (2019-08-01)
    This paper is centered on the complementary roles played by pension communication/information and financial literacy for a sustainable and equitable nonfinancial defined contribution (NDC) system at both the micro and macro ...
  • Gronchi, Sandro; Nisticò, Sergio; Bevilacqua, Mirko (INAPP, 2019-07-31)
    Starting from a reconstruction of the political context in which the Italian 1995 pension reform took shape, this paper reviews the essential features of the 1995 and post-1995 legislation and assesses its fundamental ...
  • Palmer, Edward; Stabina, Sandra (INAPP, 2019-07-31)
    Latvia introduced a nonfinancial defined contribution (NDC) scheme in 1996 as it transitioned to a market economy. Despite a 20 percent decline in the working-age population from 1994-2016, the ratio of contributors to ...
  • Stolen, Nils Martin; Fredriksen, Dennis; Hernaes, Erik; Holmoy, Erling (INAPP, 2019-07-31)
    The main goals of reforming the Norwegian old-age pension system toward nonfinancial defined contributions (NDC) in 2011 were to improve long-run fiscal sustainability and labor supply incentives. Maintaining much of the ...
  • Lu, Bei; Piggott, John; Zheng, Bingwen (2019-08-01)
    This paper discusses the potential expansion of the role of the notional defined contribution (NDC) paradigm in the ongoing reforms of retirement provision in China. It finds that mature age life expectancy is remarkably ...
  • Lee, Ron; Sanchez-Romero, Miguel (INAPP, 2019-07-31)
    Differences in life expectancy between high and low socioeconomic groups are often large and have widened in recent decades. In the United States, the differences may now be as large as 10 to 14 years. These longevity gaps ...
  • Guardiancich, Igor; Weaver, R. Kent; Demarco, Gustavo; Dorfman, Mark C. (2019-08-01)
    Nonfinancial defined contribution (NDC) schemes offer governments desirable properties in terms of efficiency, fairness, and financial sustainability and an opportunity to deflect the blame for pension cuts. Yet adoptions ...
  • Boeri, Tito; Cozzolino, Maria; Di Porto, Edoardo (2019-08-01)
    In the last 30 years the Italian pension system was repeatedly reformed and counter-reformed, increasing uncertainty about future pensions. A low level of financial literacy exacerbated this problem. In 2015, the Italian ...
  • Nelson, Kenneth; Nieuwenhuis, Rense; Alm, Susanne (INAPP, 2019-07-31)
    This paper analyzes old-age incomes in Sweden from a pension policy perspective, focusing on both the economic position of elderly citizens and the redistributive effects of the pension system’s different parts. The empirical ...
  • Boado-Penas, Maria del Carmen; Settergren, Ole; Ekheden, Erland; Naka, Poontavika (2019-08-01)
    It is desirable that pension reforms and legislated rules have the backing of the population or at least are accepted by voters. With the objective of achieving “acceptance,” the Swedish Pensions Agency publishes an annual ...

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