The Italian NDC Scheme : Evolution and Remaining Potholes

Starting from a reconstruction of the political context in which the Italian 1995 pension reform took shape, this paper reviews the essential features of the 1995 and post-1995 legislation and assesses its fundamental shortcomings. A straightforwar...

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Main Authors: Gronchi, Sandro, Nisticò, Sergio, Bevilacqua, Mirko
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/522961556878860848/The-Italian-NDC-Scheme-Evolution-and-Remaining-Potholes
http://hdl.handle.net/10986/31647
id okr-10986-31647
recordtype oai_dc
spelling okr-10986-316472021-05-25T09:23:25Z The Italian NDC Scheme : Evolution and Remaining Potholes Gronchi, Sandro Nisticò, Sergio Bevilacqua, Mirko PENSIONS PENSION REFORM NONFINANCIAL DEFINED CONTRIBUTIONS Starting from a reconstruction of the political context in which the Italian 1995 pension reform took shape, this paper reviews the essential features of the 1995 and post-1995 legislation and assesses its fundamental shortcomings. A straightforward theoretical discussion highlights both the targets and the instruments representing the hallmark of the nonfinancial defined contribution (NDC) model. The contrast of such theoretical premises with the Italian legislation points out the persistent original mistakes together with the necessary remedies. 2019-05-07T17:15:13Z 2019-05-07T17:15:13Z 2019-04 Working Paper http://documents.worldbank.org/curated/en/522961556878860848/The-Italian-NDC-Scheme-Evolution-and-Remaining-Potholes http://hdl.handle.net/10986/31647 English Social Protection and Jobs Discussion Paper,no. 1903; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Europe and Central Asia Italy
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PENSIONS
PENSION REFORM
NONFINANCIAL DEFINED CONTRIBUTIONS
spellingShingle PENSIONS
PENSION REFORM
NONFINANCIAL DEFINED CONTRIBUTIONS
Gronchi, Sandro
Nisticò, Sergio
Bevilacqua, Mirko
The Italian NDC Scheme : Evolution and Remaining Potholes
geographic_facet Europe and Central Asia
Italy
relation Social Protection and Jobs Discussion Paper,no. 1903;
description Starting from a reconstruction of the political context in which the Italian 1995 pension reform took shape, this paper reviews the essential features of the 1995 and post-1995 legislation and assesses its fundamental shortcomings. A straightforward theoretical discussion highlights both the targets and the instruments representing the hallmark of the nonfinancial defined contribution (NDC) model. The contrast of such theoretical premises with the Italian legislation points out the persistent original mistakes together with the necessary remedies.
format Working Paper
author Gronchi, Sandro
Nisticò, Sergio
Bevilacqua, Mirko
author_facet Gronchi, Sandro
Nisticò, Sergio
Bevilacqua, Mirko
author_sort Gronchi, Sandro
title The Italian NDC Scheme : Evolution and Remaining Potholes
title_short The Italian NDC Scheme : Evolution and Remaining Potholes
title_full The Italian NDC Scheme : Evolution and Remaining Potholes
title_fullStr The Italian NDC Scheme : Evolution and Remaining Potholes
title_full_unstemmed The Italian NDC Scheme : Evolution and Remaining Potholes
title_sort italian ndc scheme : evolution and remaining potholes
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/522961556878860848/The-Italian-NDC-Scheme-Evolution-and-Remaining-Potholes
http://hdl.handle.net/10986/31647
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