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Optimal financing of social security pension schemes and its design: Competing views of social security pension design and its impact on financing
Optimal financing of social security pension schemes and its design: Competing views of social security pension design and its impact on financing
Technical Report 30
This paper discusses a series of selection points in the design and funding of social security systems. For each criterion, the paper lists and discusses advantages and disadvantages of the options available.
The selection points include:
- Funded versus PAYGO
- Voluntary versus Mandatory
- Individual Accounts versus Commingling of Risk
- Public versus Private sourcing
- Automatic Balancing Mechanisms (ABM)
2TR-30.pdf 98.75 kB
Author:
Robert L. Brown
ISSA, 2008
Topics: Old age / Survivors, Social security financing
Events: Actuarial Technical Seminar on optimal funding of social security pension schemes
Regions: International
Language: English, French, German, Spanish
ISSA, 2008
Topics: Old age / Survivors, Social security financing
Events: Actuarial Technical Seminar on optimal funding of social security pension schemes
Regions: International
Language: English, French, German, Spanish
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