10-August-2009
English
Special pensions for workers in hazardous or arduous jobs have long been a feature of the pension landscape and, recently, they are the subject of a great deal of debate. This paper discusses the incidence, structure and justification of these special pension schemes in OECD countries.
20-July-2009
English, , 611kb
This paper assesses the impact of different quantitative approaches to regulate investment risk on the retirement income stemming from defined contribution (DC) pension plans. It looks at how such regulations affect the spectrum of investment policies available and, through this channel, how they affect the retirement income that an individual may expect from a DC pension plan.
8-June-2009
English
This paper explores how uncertainty over investment returns affects pension systems. The scale of investment risk is measured in this paper using historical data on returns on equities and bonds in major OECD economies over the past quarter century.
8-June-2009
English
This paper explores how uncertainty over investment returns affects individuals’ retirement incomes and government budgets. The paper uses the OECD pension models to explore the implications of a range of possible outcomes for investment returns.
21-April-2009
English, , 535kb
This paper provides a comparative analysis of defined contribution (DC) pension systems in Australia, Ireland, the United Kingdom and the United States.
10-April-2009
English
The paper describes Chile’s pension reform of 1980, which replaced the existing pay-as-you-go public pension programs by a new funded pension program managed by private companies (the “AFP´s”)...
10-April-2009
English
This paper reviews three key aspects of pension schemes available to self-employed workers: coverage, contributions and benefits. In each part, analyses are undertaken not just by describing the rules governing these schemes ...
31-March-2009
English, , 371kb
The principal purpose of this paper is to analyse the trade-off between the uncertainty in contributions on the one hand and benefits on the other that is embedded in different pension arrangements.
19-February-2009
English, , 651kb
In this paper we review the legal framework of private pension fund regulation and supervision in economies, including Australia, Chile, Hong Kong China, Poland, Turkey, the United Kingdom and the United States.
4-February-2009
English
The rapid rise in inflation in 2006-07 has attracted attention – once again – both to how pensions systems should react to changes in prices, and to how they do so in practice...