Automatic Adjustment Mechanisms in Asian Pension Systems?

preview-18
  • Automatic Adjustment Mechanisms in Asian Pension Systems? Book Detail

  • Author : Ms.Elif C Arbatli
  • Release Date : 2017-01-18
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 29
  • ISBN 13 : 1475569106
  • File Size : 60,60 MB

Automatic Adjustment Mechanisms in Asian Pension Systems? by Ms.Elif C Arbatli PDF Summary

Book Description: Automatic adjustment mechanisms (AAMs)—rules ensuring that certain characteristics of a pension system respond to demographic, macroeconomic and financial developments, in a predetermined fashion and without the need for additional intervention—have been introduced in many OECD countries to tackle public pension schemes’ deteriorating financial sustainability. Incorporating AAMs—in particular linking retirement age to life expectancy—can be an important part of pension reforms in Asia. If implemented early, AAMs could help prevent the need for sharp adjustments in the future, increase the predictability and inter-generational equity of pension systems and enhance confidence.

Disclaimer: www.yourbookbest.com does not own Automatic Adjustment Mechanisms in Asian Pension Systems? books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Pension Systems in East and Southeast Asia

Pension Systems in East and Southeast Asia

File Size : 16,16 MB
Total View : 9368 Views
DOWNLOAD

Population aging poses two major challenges for Asian policy makers: (i) sustaining rapid economic growth in the face of less favorable demographic conditions;