Private Pension Systems and Policy Issues [electronic resource].
Publishing, OECD.
Organisation for Economic Co-operation and Development Private Pensions and Insurance Unit.Content Provider
Paris : Organisation for Economic Co-operation and Development,
2000.
Pension systems are changing the world over. Both OECD and non-OECD countries are coming to face the consequences of demographic changes, and some have already embarked on innovative processes of pension reform. In this new environment, employer and personal pension arrangements are expected to gain much prominence. This new OECD series is devoted to improving our understanding of private pension systems worldwide. It will provide an invaluable tool for academics, policy makers and actors in the private sector who will find in it a reference work on the main issues involved in the design, func
Description based upon print version of record.
CONTENTS; The Pensions System in the United Kingdom by The Association of British Insurers (ABI); General; First pillar; Second pillar; Third pillar; Suppliers of pension schemes; Description of the first pillar; Description of the second pillar; Description of the third pillar; Future developments; Recent UK legislation affecting pensions; Supervision; Minimum funding requirement; Investment of scheme assets; Compensation scheme; Other provisions; Welfare Reform and Pensions Act 1999; Overview of the United States Private Pension System by Richard Hinz; Sources of retirement income
Characteristics of the private pension systemDevelopment of the private pension system; Reasons for lack of growth in pension coverage; Shift from defined benefit to defined contribution plans; Growth in pension plan sponsorship; Non-covered workers; Financing and payment of pension benefits; Pension law and regulations; Tax treatment of private pensions; Fiduciary provisions; Summary; An overview of the new Pension System in Mexico by Jaime A. Villaseñor-Zertuche; Executive summary; The Mexican Social Security system; The old pension system; The IMSS reform in 1997
Relevant statistics of the recently reformed systemInvestment guidelines; Fund valuation; Risk analysis in the pension system; Fund performance; The Three Pillars and other pension schemes; Integration of "reforming countries"; Appendix A Abbreviations used in the Mexican pension system; Appendix B Collection process; Appendix C Ownership of fund management companies by nationality; Appendix D SIEFORES performance report; Case Study of the Three-Pillar Pension System in Hungary by Tibor Parniczky; Executive summary; Brief overview of the pension reform
Voluntary private pension system (third pillar)The new mandatory funded private pension system (second pillar); Guarantees; Supervisory framework; Mandatory private pension funds in practice; Annex 1 Regulations governing pension funds investment in Hungary; Annex 2 Administrative, record-keeping and reporting obligationsof pension funds; Institutional investors in Latin America: Recent trends and regulatory challenges by Juan Yermo; Overview of institutional investors; The development of the regulatory and supervisory framework; Pension funds; Insurance companies; Investment companies
Main regulatory and supervisory challengesThe role of institutional investors as holders of financial assets; Conclusion; Private Pension Systems by Jean-Jacques Gollier; Introduction; General features of a private pension system; Definition of private pension systems; Why private pension schemes?; Typology of private pension systems. Design of plans; Financing mechanisms of private pension systems; Regulations applicable to private pension funds; The role of financial institutions; Private pension funds in the countries studied; Structural options for the first pillar
Interaction between the three pillars
Pension systems are changing the world over. Both OECD and non-OECD countries are coming to face the consequences of demographic changes, and some have already embarked on innovative processes of pension reform. In this new environment, employer and personal pension arrangements are expected to gain much prominence. This new OECD series is devoted to improving our understanding of private pension systems worldwide. It will provide an invaluable tool for academics, policy makers and actors in the private sector who will find in it a reference work on the main issues involved in the design, func
Old age pensions -- Government policy -- OECD countries.
Old age pensions -- OECD countries.
Pension trusts -- Government policy -- OECD countries.
Pension trusts -- OECD countries.
Pensions
Pension trusts
Pensions
Pension trusts
Business & Economics
Labor & Workers' Economics
Private pensions series