On the financial sustainability of earnings-related pension schemes with "pay-as-you-go" financing and the role of government indexed bonds

On the financial sustainability of earnings-related pension schemes with "pay-as-you-go" financing and the role of government indexed bonds / David A. Robalino, Andras Bodor, Research working paper Collection Title:Policy

"In this paper the authors reconsider the idea of an earnings-related pension system with reserves invested in indexed government bonds as a mechanism to both ensure financial sustainability and improve security. They start by reviewing the characterization of the sustainable rate of return of...

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Bibliographic Details
Main Authors:Robalino Aguirre, David A., 1969-
Corporate Authors:World Bank
Other Authors:Bodor, Andras
Format: Online-Resource
Language:English
Published:[Washington, D.C] : World Bank, 2006
Series:Policy research working paper
Subjects:
Government securities
Pensions
Retirement income
Online Access:URL des Erstveröffentlichers
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Bitte rufen Sie die Einzelbaende auf; dieser Titel ist ein mehrbaendiges Werk.
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