Abstract: No AccessStand Alone Books13 Oct 2013Matching Contributions for PensionsA Review of International ExperienceAuthors/Editors: Richard Hinz, Robert Holzmann, David Tuesta, Noriyuki TakayamaRichard Hinz, Robert Holzmann, David Tuesta, Noriyuki Takayamahttps://doi.org/10.1596/978-0-8213-9492-2AboutView ChaptersPDF (1.9 MB)Other FormatsePUB ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In Abstract:The use of matching contributions to enhance the participation and level of savings in pensions system has now been in use for nearly three decades in a number of high income countries. Increasingly, countries across the full range of economic development are looking to the design as a means of addressing the low rates of participation in formal pension and other retirement savings systems. A number of countries have recently introduced innovations in their pension systems that significantly rely on contributions matches and related types of direct subsidies to provide incentives for groups that mandates and other indirect methods such as preferential tax treatment have been unsuccessful in reaching. There is particular interest among developing countries in utilizing this design to extend coverage to informal sector and low income workers that typically do not pay income related taxes. This volume provides descriptions and analysis of the design, experience and outcomes achieved in the high income countries where there information about the dynamics and outcomes that this approach has achieved is not beginning to emerge. It also reviews new efforts to use the design in a number of other settings in which the matching contributions have been included as a significant element in reform of the pension system. The review of the experience with matching contribution across this full range of settings provides important observations and some initial lessons for policy makers and analysts who may be considering or evaluating the use of this approach to increase pension coverage. FiguresreferencesRecommendeddetailsCited byEffect of compulsory education on retirement financial outcomes: evidence from China*The Scandinavian Journal of Economics, Vol.124, No.422 November 2022SEARCH FOR SUSTAINABLE PENSION SYSTEM AND STATE SUPPORT FOR FUNDED PENSIONS IN CEE COUNTRIESBusiness: Theory and Practice, Vol.23, No.2Effect of Employee Benefits on Organizational Growth of Consumer Goods Firms in NigeriaStudia Universitatis "Vasile Goldis" Arad – Economics Series, Vol.32, No.312 July 2022COMPARATIVE АASSESSMENT OF INSTITUTIONS, INFRASTRUCTURE AND MANAGEMENT OF RA PENSION FUNDSALTERNATIVE1 January 2022Beyond Special Privileges: The Discretionary Treatment of Ethnic Minorities in China's Welfare SystemJournal of Social Policy, Vol.47, No.23 July 2017Better pensions, better jobs: status and alternatives toward universal pension coverage in Latin America and the CaribbeanJournal of Pension Economics and Finance, Vol.16, No.212 August 2015The Household Savings ParadoxSSRN Electronic JournalMain trends in reforming provision of pensionsStudies on Russian Economic Development, Vol.26, No.64 November 2015Economic Effects of the Demographic Dividend9 November 2015Factors behind the administrative fees of private pension systems: an international analysisJournal of Pension Economics and Finance, Vol.13, No.114 November 2013 View Published: October 2012ISBN: 978-0-8213-9492-2e-ISBN: 978-0-8213-9493-9 Copyright & Permissions Related RegionsEast Asia & PacificEurope and Central AsiaLatin America & CaribbeanRelated TopicsFinance and Financial Sector DevelopmentMacroeconomics and Economic GrowthSocial Protections and Labor KeywordsPENSIONSBEHAVIORAL FINANCEPENSION REFORMRETIREMENT SAVINGSINFORMAL SECTOR WORKFORCE PDF DownloadLoading ...
Publication Year: 2012
Publication Date: 2012-10-25
Language: en
Type: preprint
Indexed In: ['crossref']
Access and Citation
Cited By Count: 70
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