The public–private pension mix in OECD countries

Queisser, Monika and Whitehouse, Edward and Whiteford, Peter (2007): The public–private pension mix in OECD countries. Published in: Industrial Relations Journal , Vol. 38, : pp. 542-568.

Abstract

This article surveys the relationship between public and private pension provision in the countries of the Organisation for Economic Co-operation and Development. OECD. Population ageing has led many OECD countries to undertake a wide range of pension reforms. The overall effect of these reforms has in many cases been to reduce public pension promises, often signficantly. This, in turn, has increased the role of private pensions, which have expanded significantly in a number of countries. The article discusses the extent to which a number of countries will need to further increase private provision in order to guarantee adequate future retirement incomes.

• Item Type: MPRA Paper
• Language: English
• Keywords: pension; retirement
• Subjects: H - Public Economics > H5 - National Government Expenditures and Related Policies > H55 - Social Security and Public Pensions; G - Financial Economics > G2 - Financial Institutions and Services > G23 - Non-bank Financial Institutions ; Financial Instruments ; Institutional Investors

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