A Fiscal Indicator for Assessing First and Second Pillar Pension Reforms

Sdn/11/09

A number of countries have reversed pension reforms by redirecting contributions from private sector, defined contribution schemes back to public sector, pay as you go schemes. This has been motivated by the desire to improve headline fiscal indicators, and raises important issues regarding how pension reforms and reversals should be incorporated into the fiscal accounts and assessments of fiscal policy. The SDN addresses these issues and proposes how pension reforms can best be incorporated in assessments of long-term fiscal sustainability.
Publication date: April 2011
ISBN: 9781463926571
$20.00
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Topics covered in this book

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fiscal policy , explicit and implicit government debt , pension obligations and reforms , population aging

Summary