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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| Format: | Brief |
| Language: | English |
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Washington, DC
2012
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| Online Access: | 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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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 |
| _version_ |
1764416747096506368 |