Gespeichert in:
| Hauptverfasser: | , , , , |
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| Format: | Entrada de enciclopedia |
| Veröffentlicht: |
International Labour Organization
2018
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| Online-Zugang: | https://researchrepository.ilo.org/esploro/outputs/encyclopediaEntry/Reversing-pension-privatization-rebuilding-public-pension/995218634502676 |
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Inhaltsangabe:
- Reversing pension privatization: rebuilding public pension systems in Eastern Europe and Latin American countries (2000-18) Isabel Ortiz Fabio Durán Valverde Stefan Urban Veronika Wodsak Zhiming Yu From 1981 to 2014, thirty countries privatized fully or partially their public mandatory pensions; as of 2018, eighteen countries have reversed the privatization. This report: (i) analyses the failure of mandatory private pensions to improve old-age income security and their underperformance in terms of coverage, benefits, administrative costs, transition costs, social and fiscal impacts, and others; (ii) documents the reversals of pension privatization, the laws, governance, new entitlements, financing and contribution rates of the new public pension systems; (iii) provides guidance on the key policy steps to reverse pension privatization, for those countries considering returning back to a public system. ESS working paper, no. 63, ILO publication.encyclopediaEntry