A Fiscal Indicator for Assessing First and Second Pillar Pension Reforms
Business & Finance, Economics, Money & Monetary Policy, Macroeconomics
| Author: | Mauricio Soto, Frank Eich, Benedict Mr. Clements | ISBN: | 9781463971786 |
| Publisher: | INTERNATIONAL MONETARY FUND | Publication: | April 12, 2011 |
| Imprint: | INTERNATIONAL MONETARY FUND | Language: | English |
| Author: | Mauricio Soto, Frank Eich, Benedict Mr. Clements |
| ISBN: | 9781463971786 |
| Publisher: | INTERNATIONAL MONETARY FUND |
| Publication: | April 12, 2011 |
| Imprint: | INTERNATIONAL MONETARY FUND |
| Language: | English |
A number of countries have reversed pension reforms by redirecting contributions from private sector, defined contribution schemes back to public sector, pay as you go schemes. This has been motivated by the desire to improve headline fiscal indicators, and raises important issues regarding how pension reforms and reversals should be incorporated into the fiscal accounts and assessments of fiscal policy. The SDN addresses these issues and proposes how pension reforms can best be incorporated in assessments of long-term fiscal sustainability.
A number of countries have reversed pension reforms by redirecting contributions from private sector, defined contribution schemes back to public sector, pay as you go schemes. This has been motivated by the desire to improve headline fiscal indicators, and raises important issues regarding how pension reforms and reversals should be incorporated into the fiscal accounts and assessments of fiscal policy. The SDN addresses these issues and proposes how pension reforms can best be incorporated in assessments of long-term fiscal sustainability.
