Modeling Pension Reform : The World Bank's Pension Reform Options Simulation Toolkit
Today's pension policies can affect retirement incomes and the public finances for decades to come. Retirement income systems that are affordable today, will often prove unsustainable in the future, given the twin pressures of demographic agin...
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Format: | Brief |
Language: | English |
Published: |
Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/2010/11/13982999/modeling-pension-reform-world-banks-pension-reform-options-simulation-toolkit http://hdl.handle.net/10986/11074 |
Summary: | Today's pension policies can affect
retirement incomes and the public finances for decades to
come. Retirement income systems that are affordable today,
will often prove unsustainable in the future, given the twin
pressures of demographic aging and the maturing of pension
schemes. The World Bank's pension reform options
simulation toolkit (PROST) models pension contributions,
entitlements, system revenues, and system expenditures over
a long time frame. The model is designed to promote informed
policymaking, bridging the gap between quantitative and
qualitative analysis of pension regimes. It is a flexible,
computer-based toolkit, easily adapted to wide range of
countries' circumstances. |
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