Progress and Challenges of Nonfinancial Defined Contribution Pension Schemes : Volume 2. Addressing Gender, Administration, and Communication

This is the third publication to analyze progress, challenges, and adjustment options of this . reform revolution for mandated public pension schemes. The individual account-based but unfunded approach that promises fair and financially sustainable benefits is a reform benchmark for all pension s...

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Main Authors: Holzmann, Robert, Palmer, Edward, Palacios, Robert, Sacchi, Stefano
Format: Book
Language:English
Published: Washington, DC: World Bank 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/521071571385617779/Addressing-Gender-Administration-and-Communication
http://hdl.handle.net/10986/32439
id okr-10986-32439
recordtype oai_dc
spelling okr-10986-324392021-04-23T14:05:14Z Progress and Challenges of Nonfinancial Defined Contribution Pension Schemes : Volume 2. Addressing Gender, Administration, and Communication Holzmann, Robert Palmer, Edward Palacios, Robert Sacchi, Stefano NDC AND FDC PENSIONS COMMUNICATION OF PENSION SCHEME DESIGNS CROSS-BORDER PENSION BENEFIT PORTABILITY DEFINED CONTRIBUTION GENDER PENSION GAP HETEROGENEITY IN LIFE EXPECTANCY JOINT ANNUITIES LABOR MARKET AND PENSIONS NOTIONAL FUNDED PENSIONS PENSION SCHEME PENSION SYSTEM PERIORD AND CHORT LIFE EXPECTANCY PROJECTIONS POPULATION AGING TAXATION OF PENSIONS This is the third publication to analyze progress, challenges, and adjustment options of this . reform revolution for mandated public pension schemes. The individual account-based but unfunded approach that promises fair and financially sustainable benefits is a reform benchmark for all pension schemes. Nonfinancial defined contribution (NDC) schemes originated in the 1990s independently in Italy and Sweden, were then adopted by Latvia, Poland, and Norway, envisaged but not implemented in various other countries (such as Egypt and Russia), and remain under discussion in many countries across the world (such as China and France). In its complete form, the approach also comprises budget-financed basic income provisions and mandated or voluntary funded provisions. Volume 1 offers an assessment of early reform countries before addressing key aspects of policy implementation and design review, including: how to best combine basic income provisions with NDC; how to deal with heterogeneity in longevity; and how to adjust NDC design and labor market policies to deliver on reform expectations. Volume 2 addresses a second set of important issues, including: the gender pension gap and what family policies can do within the NDC frame; the administrative challenges of NDCs and how countries are coping; the role of communication in NDCs; and the complexity of cross-border pension taxation, and much more. 2019-09-24T18:38:28Z 2019-09-24T18:38:28Z 2020 Book http://documents.worldbank.org/curated/en/521071571385617779/Addressing-Gender-Administration-and-Communication 978-1-4648-1455-6 http://hdl.handle.net/10986/32439 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic NDC AND FDC PENSIONS
COMMUNICATION OF PENSION SCHEME DESIGNS
CROSS-BORDER PENSION BENEFIT PORTABILITY
DEFINED CONTRIBUTION
GENDER PENSION GAP
HETEROGENEITY IN LIFE EXPECTANCY
JOINT ANNUITIES
LABOR MARKET AND PENSIONS
NOTIONAL FUNDED PENSIONS
PENSION SCHEME
PENSION SYSTEM
PERIORD AND CHORT LIFE EXPECTANCY PROJECTIONS
POPULATION AGING
TAXATION OF PENSIONS
spellingShingle NDC AND FDC PENSIONS
COMMUNICATION OF PENSION SCHEME DESIGNS
CROSS-BORDER PENSION BENEFIT PORTABILITY
DEFINED CONTRIBUTION
GENDER PENSION GAP
HETEROGENEITY IN LIFE EXPECTANCY
JOINT ANNUITIES
LABOR MARKET AND PENSIONS
NOTIONAL FUNDED PENSIONS
PENSION SCHEME
PENSION SYSTEM
PERIORD AND CHORT LIFE EXPECTANCY PROJECTIONS
POPULATION AGING
TAXATION OF PENSIONS
Holzmann, Robert
Palmer, Edward
Palacios, Robert
Sacchi, Stefano
Progress and Challenges of Nonfinancial Defined Contribution Pension Schemes : Volume 2. Addressing Gender, Administration, and Communication
description This is the third publication to analyze progress, challenges, and adjustment options of this . reform revolution for mandated public pension schemes. The individual account-based but unfunded approach that promises fair and financially sustainable benefits is a reform benchmark for all pension schemes. Nonfinancial defined contribution (NDC) schemes originated in the 1990s independently in Italy and Sweden, were then adopted by Latvia, Poland, and Norway, envisaged but not implemented in various other countries (such as Egypt and Russia), and remain under discussion in many countries across the world (such as China and France). In its complete form, the approach also comprises budget-financed basic income provisions and mandated or voluntary funded provisions. Volume 1 offers an assessment of early reform countries before addressing key aspects of policy implementation and design review, including: how to best combine basic income provisions with NDC; how to deal with heterogeneity in longevity; and how to adjust NDC design and labor market policies to deliver on reform expectations. Volume 2 addresses a second set of important issues, including: the gender pension gap and what family policies can do within the NDC frame; the administrative challenges of NDCs and how countries are coping; the role of communication in NDCs; and the complexity of cross-border pension taxation, and much more.
format Book
author Holzmann, Robert
Palmer, Edward
Palacios, Robert
Sacchi, Stefano
author_facet Holzmann, Robert
Palmer, Edward
Palacios, Robert
Sacchi, Stefano
author_sort Holzmann, Robert
title Progress and Challenges of Nonfinancial Defined Contribution Pension Schemes : Volume 2. Addressing Gender, Administration, and Communication
title_short Progress and Challenges of Nonfinancial Defined Contribution Pension Schemes : Volume 2. Addressing Gender, Administration, and Communication
title_full Progress and Challenges of Nonfinancial Defined Contribution Pension Schemes : Volume 2. Addressing Gender, Administration, and Communication
title_fullStr Progress and Challenges of Nonfinancial Defined Contribution Pension Schemes : Volume 2. Addressing Gender, Administration, and Communication
title_full_unstemmed Progress and Challenges of Nonfinancial Defined Contribution Pension Schemes : Volume 2. Addressing Gender, Administration, and Communication
title_sort progress and challenges of nonfinancial defined contribution pension schemes : volume 2. addressing gender, administration, and communication
publisher Washington, DC: World Bank
publishDate 2019
url http://documents.worldbank.org/curated/en/521071571385617779/Addressing-Gender-Administration-and-Communication
http://hdl.handle.net/10986/32439
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