English, Article, Journal or magazine article edition: From Traditional DB to Notional DC Systems Axel Börsch-Supan

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Bookmark: http://trove.nla.gov.au/version/68506
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • From Traditional DB to Notional DC Systems
Author
  • Axel Börsch-Supan
Physical Description
  • preprint
Notes
  • This paper provides a critical review of the pension reform strategy which turns defined benefits (DB) public pay-as-you-go systems into notional defined contribution (NDC) systems. We show that properly designed NDC public pension systems contain powerful economic and political mechanisms that may facilitate pension reform, but that the distinction between public NDC and DB systems is more ambiguous than usually claimed.
  • RePEc:mea:meawpa:04063
  • RePEc:xrs:meawpa:04063
Language
  • English
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