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...
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| Format: | eBook |
| Language: | English |
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[Washington, D.C.]
International Monetary Fund,
[2019]
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| Series: | IMF working paper ;
WP/19/22. |
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| Online Access: | EBSCOhost Перейти в каталог НБ ТГУ |
Table of Contents:
- 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)
- 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