Recent Developments in Old Age Pension Systems

Klaus-Jürgen Gern

in Social Security Pension Reform in Europe

Published by University of Chicago Press

Published in print January 2002 | ISBN: 9780226241081
Published online February 2013 | e-ISBN: 9780226241913 | DOI:
Recent Developments in Old Age Pension Systems

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The reform of public pension systems has become an increasingly urgent topic on the political agenda in most Organization for Economic Cooperation and Development (OECD) countries, because it has become evident in recent years that, given the progressive aging of the population, existing pension plans are fiscally unsustainable under prevailing rules. Against that background, this chapter gives an account of the present state of the matter in an international perspective, centering on the industrial countries. The chapter is organized as follows. Section 14.1 summarizes the main findings of the country-by-country analysis that follows in subsequent sections. Section 14.2 briefly sketches the main characteristics of the pension systems of seventeen industrial countries and gives information on recent reforms. Section 14.3 covers developments in other parts of the world (namely in Central and Eastern Europe, East Asia, and Latin America).

Keywords: OECD; pension reform; pension systems; industrial countries

Chapter.  17410 words. 

Subjects: Public Economics

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