Book Cover
E-book
Author Kim, Cheolsu

Title Implementing an Inclusive and Equitable Pension Reform : Lessons from India's New Pension Scheme / Cheolsu Kim
Published Hoboken : Taylor and Francis, 2012

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Description 1 online resource (279 pages)
Contents Front Cover; Implementing an Inclusive and Equitable Pension Reform; Copyright Page; Contents; About the authors; List of Figures; List of Tables; Foreword; Acknowledgments; Acronyms and abbreviations; Part I: Introduction, background, and context; 1. Introduction; 2. Demographic and economic context; Part II: The pension system reform; 3. The New Pension Scheme: design, governance, and institutions; 4. NPS analysis, findings, and recommendations I: design; 5. NPS analysis, findings, and recommendationsII: governance and institutions
Part III: NPS communications, marketing, and business practices6. Communications and marketing for the NPS; 7. NPS business processes and information technology needs; Part IV: The economics and demography of the NPS; 8. The potential size of the NPS; 9. NPS and the individual saver; Part V: Occupational pension schemes; 10. Compulsory occupational schemes; 11. Analysis, findings, and recommendations on compulsory occupational pension schemes; 12. Analysis, findings, and recommendations on unregulated voluntary occupational pension schemes; Part VI: Towards an integrated policy
13. Implementing pension reformsAppendix 1. International experience with voluntary retirement saving schemes; Appendix 2. The Maxwell and Madoff Frauds; Notes; References; Documents utilized in legal, regulatory, and policy analysis; Index
Summary India is ageing. One response of Indian policy makers has been introduction of the New Pension Scheme (NPS), a defined contribution pension scheme which is mandatory for civil servants and voluntary for the rest of the population. Given the size of the target population, even if take up is modest, NPS savings may soon provide huge amounts of capital to the Indian economy. However, challenges are abound. What governance structure will best achieve the ultimate policy goal of serving the needs of savers? What business processes and information technology design will serve members
Notes Print version record
Subject Pensions -- Government policy -- India
Pensions -- Government policy
India
Form Electronic book
Author MacKellar, Landis
Galer, Russell
Bhardwaj, Gautam
ISBN 9781136325205
1136325204