Format:
Online-Ressource (35 p)
Edition:
Online-Ausg.
ISBN:
1451845324
,
9781451845327
Series Statement:
IMF Working Papers Working Paper No. 98/35
Content:
This paper outlines some of the arguments for and against the funding of public pensions, with a view to establishing whether there is an economic basis for judging funding to be superior to pay-as-you-go (PAYG). It is argued that funding does not have a clear advantage, and the case for a shift from PAYG to funding is thus an uneasy one. There is nonetheless growing advocacy of funded public pensions as part of an ideal pension system, which raises more general issues about the role of the public sector in pension provision
Additional Edition:
Erscheint auch als Druck-Ausgabe Hemming, Richard Should Public Pensions be Funded? Washington, D.C. : International Monetary Fund, 1998 ISBN 9781451845327
Language:
English
DOI:
10.5089/9781451845327.001
