Introduction and overview -- Designing the payout phase of pension systems : policy issues, constraints, and options -- The payout phase of pension systems : a comparison of five countries -- Australia : mandating retirement savings without lifetime anniutization -- Switzerland : rigid regulation and the challenge of sustainability -- Sweden : promoting personal responsibility with a strong public commitment -- Denmark : the benefits of group contracts with deferred annuities and risk-sharing features -- Chile : building a robust market for fixed real annuities
Summary
In the 1990s many emerging economies in Central Europe and Latin America initiated their pension reforms. While most analysis to date has focused on the accumulation phase, there are a number of lessons to be shared as countries start to prepare the retirement options for their contributors, with this book addressing these issues from a public policy perspective
Bibliography
Includes bibliographical references and index
Notes
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English
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