Unions and Pension Reforms in Mexico: The Impact of Democratic Governance
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Aging and Pension reform with Change contribution rates
Increased life expectancy and reduced fertility rates have led to aging which is one of the main causes of the pension funds imbalances in Iran’s pension funds. In order to resolve these imbalances, some reforms are required. The first option is to use parametric reforms, such as changing contribution rates of the pension system. The purpose of this study is to examine the impact of aging and c...
متن کاملThe Effects of Parametric Reforms on Retirees’ Welfare and Financial Sustainability of the Social Security Organization Pension System
Extended Abstract Introduction: The World Bank in its 2017 report on Iran, listed three crises for the Iranian economy: pension funds, water security, and ecology. Pension funds crisis can be addressed in many respects, but what is now referred to, as the main problem of pension funds in Iran, is the large financial deficit in the three pension funds: Civil Servants Pension Fund (CSPO), Armed ...
متن کاملThe Effects of Parametric Reforms on Retirees’ Welfare and Financial Sustainability of the Social Security Organization Pension System
Extended Abstract Introduction: The World Bank in its 2017 report on Iran, listed three crises for the Iranian economy: pension funds, water security, and ecology. Pension funds crisis can be addressed in many respects, but what is now referred to, as the main problem of pension funds in Iran, is the large financial deficit in the three pension funds: Civil Servants Pension Fund (CSPO), Armed ...
متن کاملMacroeconomic and Welfare Effects of Parametric Pension Reform in Iran
The aim of this paper is to analyze the macroeconomic effects of parametric reforms. An adjusted Auerbach-Kotlikoff model is used to study the effects of decreasing replacement and contribution rates of the pension system. The first part concentrates on the macroeconomic effect of reforms. Our results indicate that reducing the replacement and contribution rates increase the capital stock and d...
متن کاملNext generation of individual account pension reforms in Latin America.
Latin America led the world in introducing individual retirement accounts intended to complement or replace defined benefit state-sponsored, pay-as-you-go systems. After Chile implemented the first system in 1981, a number of other Latin American countries incorporated privately managed individual accounts as part of their retirement income systems beginning in the 1990s. This article examines ...
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تاریخ انتشار 2005