Pension reform: The Swedish case

The Case of Pension Reform

This article argues that the Internet not only serves as a basis for public service delivery but features in public policy implementation, with the specific aim of supporting the individual’s decisions in educational policy, labor market policy, and pension policy. The present study is based on the actor-network theory and illustrates the process during which a decision support system (DSS), pr...

Pension Reform and Demographic Uncertainty: The Case of Germany

The present paper compares the distributional and risk-sharing consequences of two pension reform proposals in Germany which both aim to improve the sustainability of the current system by introducing demographic variables to the benefit calculation. While the first reform proposes a so-called ” sustainability factor“ which measures the changes in the dependency ratio, the second reform propose...

The Gains from Pension Reform

We characterize pension systems along three dimensions: 1) actuarial vs. nonactuarial, 2) funded vs. pay-as-you-go, 3) defined-contribution vs. defined-benefit. Increasing the degree of actuarial fairness, by strengthening the linkage between contributions and benefits, reduces labor market distortions and may increase welfare in a Pareto-efficiency sense. Increasing the degree of funding impli...

Evaluating Pension Reform

Targeted Pension Reform