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English, , 2,188kb
This report was prepared to help Korea identify and address main social policy challenges. It suggests specific policy options and a strategy to “go social”, based on the practices and reforms that have worked well in other countries.
Korean, , 2,322kb
This roundtable focused on the role of insurance and private pension systems in fostering economic growth, including infrastructure development, innovation, and green growth.
This seminar focused on designing defined-contribution (DC) pension plans, linking the accumulation and payout phases, designing the payout phase of pension systems and annuities and longevity risk.
This paper gathers evidence on public sector pension plans regarding the type of pension promise and quantifies the future tax burden related to these pension promises. The reported liabilities are recalculated using both a fair value approach (local market discount rates) and a common, fixed discount rate across all countries which reflects projected growth in national income.
This paper proposes a framework to help policymakers think about how best develop a national strategy to hedge against the massive economic burden of extreme events that could hit their country tomorrow, focusing specifically on the role that risk transfer mechanisms alternative to traditional insurance can play.
English, , 400kb
Discussions at this conference focused on how financial reforms should provide a better, sustainable balance between stability and growth and how measures to strengthen the savings-investment channel should foster sustainable growth and development.
English, , 209kb
This article examines the impact of labour, financial and demographic risks on retirement income from DC pension plans, with a special emphasis on labour-market risk.
English, , 610kb
The theme of this fourth edition of Pensions at a Glance is pensions, retirement and life expectancy. Many countries have increased pension ages in the face of population ageing and longer lives.
Spanish, , 475kb
This 3 pages paper gives highligths from Pensions at a Glance 2011 for Spain. The 2011 pension reform in Spain will significantly improve the long-term financial sustainability of Spain’s retirement-income system.