Reform Options for Mature Defined Benefit Pension Plans the case of the Netherlands

The Netherlands has been operating fully funded, defined benefit second pillar pension schemes that have consistently ranked high worldwide for delivering high replacement rates while featuring strong solidarity among members. Yet the long-term sustainability of the Dutch pension funds has been unde...

Full description

Bibliographic Details
Main Author: Gerard, Marc
Format: eBook
Language:English
Published: [Washington, D.C.] International Monetary Fund, [2019]
Series:IMF working paper ; WP/19/22.
Subjects:
Online Access:EBSCOhost
Перейти в каталог НБ ТГУ
LEADER 03636cam a2200517Mi 4500
001 koha001014049
003 OCoLC
005 20250222070021.0
006 m d
007 cr n|--- |||||
008 190209t20192019dcu o 000 0 eng d
035 |a koha001014049 
040 |a EBLCP  |b eng  |e pn  |c EBLCP  |d MERUC  |d YDX  |d DEBBG  |d OCLCQ  |d N$T  |d CUY  |d VT2  |d OCLCF  |d OCLCQ  |d CUS 
019 |a 1084503471  |a 1084675476  |a 1089666055 
020 |a 1484395913 
020 |a 1484396537 
020 |a 9781484395912 
020 |a 9781484396537  |q (electronic bk.) 
024 7 |a 10.5089/9781484395912.001  |2 doi 
043 |a e-ne--- 
050 4 |a HD7105.45.N4  |b G47 2019 
082 0 4 |a 332.67254  |2 23 
049 |a MAIN 
100 1 |a Gerard, Marc,  |9 913012 
245 1 0 |a Reform Options for Mature Defined Benefit Pension Plans  |b the case of the Netherlands  |c by Marc Gérard. 
264 1 |a [Washington, D.C.]  |b International Monetary Fund,  |c [2019] 
300 |a 1 online resource (31 pages) 
490 1 |a IMF Working Paper ;  |v WP/19/22 
505 0 |a Cover; CONTENTS; ABSTRACT; I. INTRODUCTION; II. THE IMPACT OF THE CRISIS ON THE DUTCH PENSION FUNDS; Organization and size of the collective pension schemes; Financial developments of the pension funds over the crisis; III. STRESS TESTING THE DUTCH COLLECTIVE PENSION SCHEMES; IV. REFORMING MATURE SECOND PILLAR PENSION FUNDS: CHALLENGES AND PITFALLS; Current proposals in the Netherlands -- Moving towards more individualization; Policy trade-offs -- Ensuring long-term sustainability while preserving solidarity; V. CONCLUSION; VI. REFERENCES; BOXES; 1: The new Financial Assessment Framework (nFTK) 
505 8 |a 2: Notional DC Plans and Premium Accounts in Sweden3: Superannuation Funds in Australia; 4: Occupational Pension Plans in Switzerland; 5: The Supplementary Labor Market Pension Fund (ATP) in Denmark; APPENDIX; Data sources and actuarial formulas 
520 3 |a The Netherlands has been operating fully funded, defined benefit second pillar pension schemes that have consistently ranked high worldwide for delivering high replacement rates while featuring strong solidarity among members. Yet the long-term sustainability of the Dutch pension funds has been undermined in recent years by protracted low interest rates and unfavorable demographic developments, exacerbating controversies over intergenerational transfer mechanisms within the plans. This has prompted a national debate over ways to move toward more individualization while preserving financial security at retirement for all. This paper draws on this experience, illustrated by stress testing simulations and assessed vis-a-vis solutions implemented in peer countries, to discuss the main policy trade-offs associated with the reform of mature pension systems in advanced economies. 
588 0 |a Print version record. 
651 7 |a Netherlands.  |2 fast  |0 (OCoLC)fst01204034  |9 905197 
653 0 |a Defined benefit pension plans  |z Netherlands. 
653 0 |a Postemployment benefits  |z Netherlands. 
653 7 |a Defined benefit pension plans.  |2 fast  |0 (OCoLC)fst00889740 
653 7 |a Postemployment benefits.  |2 fast  |0 (OCoLC)fst01073038 
655 0 |a EBSCO eBooks  |9 905790 
655 4 |a Electronic books.  |9 899821 
710 2 |a International Monetary Fund,  |e issuing body.  |9 173503 
830 0 |a IMF working paper ;  |v WP/19/22.  |9 913013 
856 4 0 |3 EBSCOhost  |u https://www.lib.tsu.ru/limit/2023/EBSCO/2015065.pdf 
856 |y Перейти в каталог НБ ТГУ  |u https://koha.lib.tsu.ru/cgi-bin/koha/opac-detail.pl?biblionumber=1014049 
910 |a EBSCO eBooks 
999 |c 1014049  |d 1014049 
039