Older and Wiser: The Economics of Public Pensions

Older and Wiser: The Economics of Public Pensions
ISBN-10
0877666792
ISBN-13
9780877666790
Series
Older and Wiser
Category
Business & Economics
Pages
175
Language
English
Published
1998
Publisher
The Urban Insitute
Author
Lawrence H. Thompson

Description

The author explores the critical economic issues underlying national pension systems, including the impact of pensions on a nation's economy, the fiscal dynamics of different pension approaches, and the challenges involved in providing adequate retirement incomes. He concludes that some aspects of the effort to reform the traditional defined-benefit, pay-as-you-go social security program deserve to be taken seriously, but others are either unsupported by current economic knowledge or overstated. This study was commissioned by the International Social Security Association.

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