Collection : Transferring Contributions to Individual Pension Accounts

Collecting contributions is more complicated in a decentralized pension system, based on individual accounts, than in a public system. Many public plans provide a defined benefit pension based on only a few years' earnings, which limits the ne...

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Bibliographic Details
Main Author: World Bank
Format: Brief
Language:English
Published: Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2000/01/6244001/collection-transferring-contributions-individual-pension-accounts
http://hdl.handle.net/10986/11442
id okr-10986-11442
recordtype oai_dc
spelling okr-10986-114422021-04-23T14:02:55Z Collection : Transferring Contributions to Individual Pension Accounts World Bank ADMINISTRATIVE COSTS ADMINISTRATIVE DISCRETION AUTHORITY BANKING SYSTEM CASH-FLOW CENTRALIZATION CHECKING CLEARING HOUSE CLEARING SYSTEMS COLLECTION AGENCIES CONTRIBUTION COLLECTION CONTRIBUTION RATES CONTRIBUTION TRANSFERS CORRUPTION DECENTRALIZED COLLECTION ENFORCEMENT POWERS FINANCIAL INSTITUTION FUNDED PENSIONS GOVERNMENT AGENCIES GROSS WAGES HUMAN DEVELOPMENT NETWORK INCOME TAXES INDIRECT COST INDIVIDUAL ACCOUNTS INFLATION INSTITUTIONAL WEAKNESSES INSURANCE INVESTMENT RETURNS LATIN AMERICAN LEGISLATION LEVIES LIABILITY PENSION FUND PENSION FUND MANAGERS PENSION FUNDS PENSION REFORM PENSION REFORMS PENSION SYSTEM PENSION SYSTEMS PENSIONS PERSONAL INCOME TAXES POOR GOVERNANCE PUBLIC AGENCIES PUBLIC AGENCY PUBLIC SECTOR PUBLIC SYSTEM SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SECURITY AGENCY SUPERVISORY AGENCY TAX ADMINISTRATION TAX AUTHORITIES TAX AUTHORITY TAX COLLECTION TAX COMPLIANCE TAXATION Collecting contributions is more complicated in a decentralized pension system, based on individual accounts, than in a public system. Many public plans provide a defined benefit pension based on only a few years' earnings, which limits the need for keeping records of people's earnings and contributions in every year of their working life. And there is usually a choice of pension fund manager with individual accounts. Collection, record-keeping and transferring contributions to individual accounts has often proved problematic. Some reforms have been delayed or abandoned because of collection problems. Using a series of case studies of Latin American and European countries, this briefing highlights policy choices in operating individual accounts systems. 2012-08-13T15:05:00Z 2012-08-13T15:05:00Z 2000-01 http://documents.worldbank.org/curated/en/2000/01/6244001/collection-transferring-contributions-individual-pension-accounts http://hdl.handle.net/10986/11442 English World Bank Pension Reform Primer Series CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Publications & Research :: Brief Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ADMINISTRATIVE COSTS
ADMINISTRATIVE DISCRETION
AUTHORITY
BANKING SYSTEM
CASH-FLOW
CENTRALIZATION
CHECKING
CLEARING HOUSE
CLEARING SYSTEMS
COLLECTION AGENCIES
CONTRIBUTION COLLECTION
CONTRIBUTION RATES
CONTRIBUTION TRANSFERS
CORRUPTION
DECENTRALIZED COLLECTION
ENFORCEMENT POWERS
FINANCIAL INSTITUTION
FUNDED PENSIONS
GOVERNMENT AGENCIES
GROSS WAGES
HUMAN DEVELOPMENT NETWORK
INCOME TAXES
INDIRECT COST
INDIVIDUAL ACCOUNTS
INFLATION
INSTITUTIONAL WEAKNESSES
INSURANCE
INVESTMENT RETURNS
LATIN AMERICAN
LEGISLATION
LEVIES
LIABILITY
PENSION FUND
PENSION FUND MANAGERS
PENSION FUNDS
PENSION REFORM
PENSION REFORMS
PENSION SYSTEM
PENSION SYSTEMS
PENSIONS
PERSONAL INCOME TAXES
POOR GOVERNANCE
PUBLIC AGENCIES
PUBLIC AGENCY
PUBLIC SECTOR
PUBLIC SYSTEM
SOCIAL PROTECTION
SOCIAL SECURITY
SOCIAL SECURITY AGENCY
SUPERVISORY AGENCY
TAX ADMINISTRATION
TAX AUTHORITIES
TAX AUTHORITY
TAX COLLECTION
TAX COMPLIANCE
TAXATION
spellingShingle ADMINISTRATIVE COSTS
ADMINISTRATIVE DISCRETION
AUTHORITY
BANKING SYSTEM
CASH-FLOW
CENTRALIZATION
CHECKING
CLEARING HOUSE
CLEARING SYSTEMS
COLLECTION AGENCIES
CONTRIBUTION COLLECTION
CONTRIBUTION RATES
CONTRIBUTION TRANSFERS
CORRUPTION
DECENTRALIZED COLLECTION
ENFORCEMENT POWERS
FINANCIAL INSTITUTION
FUNDED PENSIONS
GOVERNMENT AGENCIES
GROSS WAGES
HUMAN DEVELOPMENT NETWORK
INCOME TAXES
INDIRECT COST
INDIVIDUAL ACCOUNTS
INFLATION
INSTITUTIONAL WEAKNESSES
INSURANCE
INVESTMENT RETURNS
LATIN AMERICAN
LEGISLATION
LEVIES
LIABILITY
PENSION FUND
PENSION FUND MANAGERS
PENSION FUNDS
PENSION REFORM
PENSION REFORMS
PENSION SYSTEM
PENSION SYSTEMS
PENSIONS
PERSONAL INCOME TAXES
POOR GOVERNANCE
PUBLIC AGENCIES
PUBLIC AGENCY
PUBLIC SECTOR
PUBLIC SYSTEM
SOCIAL PROTECTION
SOCIAL SECURITY
SOCIAL SECURITY AGENCY
SUPERVISORY AGENCY
TAX ADMINISTRATION
TAX AUTHORITIES
TAX AUTHORITY
TAX COLLECTION
TAX COMPLIANCE
TAXATION
World Bank
Collection : Transferring Contributions to Individual Pension Accounts
relation World Bank Pension Reform Primer Series
description Collecting contributions is more complicated in a decentralized pension system, based on individual accounts, than in a public system. Many public plans provide a defined benefit pension based on only a few years' earnings, which limits the need for keeping records of people's earnings and contributions in every year of their working life. And there is usually a choice of pension fund manager with individual accounts. Collection, record-keeping and transferring contributions to individual accounts has often proved problematic. Some reforms have been delayed or abandoned because of collection problems. Using a series of case studies of Latin American and European countries, this briefing highlights policy choices in operating individual accounts systems.
format Publications & Research :: Brief
author World Bank
author_facet World Bank
author_sort World Bank
title Collection : Transferring Contributions to Individual Pension Accounts
title_short Collection : Transferring Contributions to Individual Pension Accounts
title_full Collection : Transferring Contributions to Individual Pension Accounts
title_fullStr Collection : Transferring Contributions to Individual Pension Accounts
title_full_unstemmed Collection : Transferring Contributions to Individual Pension Accounts
title_sort collection : transferring contributions to individual pension accounts
publisher Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2000/01/6244001/collection-transferring-contributions-individual-pension-accounts
http://hdl.handle.net/10986/11442
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