Palacios, Robert and Whitehouse, Edward (2006): Civil-service pension schemes around the world. Published in: Social Protection Discussion Paper
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There are separate pension schemes for civil servants (and often for other public-sector workers) in about half of the world’s countries, including some of the largest developing economies, such as Brazil, China and India. In the higher-income, OECD countries, spending on pensions for public-sector workers makes up one quarter of total pension spending. In less developed countries, this proportion is usually higher. Yet, very little has been written on the design and reform of civil-service pension plans, especially when compared with the voluminous literature on national pension programs. This paper provides the first, detailed cross-country comparison of the terms and conditions of national and public-sector pension schemes. Civil-service schemes are typically more generous than national pension programs. Analysis of current pension spending shows that pensions for public-sector workers are a bigger burden on the government budget in developing countries than they are in higher-income economies.
|Item Type:||MPRA Paper|
|Original Title:||Civil-service pension schemes around the world|
|Keywords:||pensions; civil service; retirement|
|Subjects:||H - Public Economics > H5 - National Government Expenditures and Related Policies > H55 - Social Security and Public Pensions
H - Public Economics > H8 - Miscellaneous Issues > H83 - Public Administration; Public Sector Accounting and Audits
|Depositing User:||Edward Whitehouse|
|Date Deposited:||23. Apr 2009 03:20|
|Last Modified:||12. Feb 2013 14:28|
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