The Evolution of Public Pension Schemes:
1. 1 An introduction to the problem This book deals with the development of public pension schemes. The operation of public pension schemes has drawn a great deal of attention recently due to ageing of the population which has become apparent since the 19 70s. This would probably have been less of a...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Berlin, Heidelberg
Springer Berlin Heidelberg
1988
|
| Ausgabe: | 1st ed. 1988 |
| Schriftenreihe: | Microeconomic Studies
|
| Schlagworte: | |
| Online-Zugang: | BTU01 URL des Erstveröffentlichers |
| Zusammenfassung: | 1. 1 An introduction to the problem This book deals with the development of public pension schemes. The operation of public pension schemes has drawn a great deal of attention recently due to ageing of the population which has become apparent since the 19 70s. This would probably have been less of a problem if these schemes had been financed by a Capital Reserve (abbreviated from now on as CR) system. As is well-known, in a pure CR-system individuals (or generations) save for their own retirement. The (average) rate of return on the premiums paid in this system equals the real rate of interest and, in principle, changes in the rate of population growth do not affect the premium rate or the benefit rate of the system. Most public pension schemes, however, are financed by a Pay-As-You-Go (abbreviated from now on as PAYG) system. In this system current pension payments are financed by current premium payments. In contrast to the CR-system intergenerational transfers occur in this system. If the number of retired people increases relative to the number of workers the premium rate will increase under PAYG. In itself this increase does not have to imply any concern for the premium paying population. What counts is whether the rate of return under a PAYG-system will fall (too far) below the rate of return the CR-system is offering |
| Beschreibung: | 1 Online-Ressource (XII, 287 p) |
| ISBN: | 9783642456534 |
| DOI: | 10.1007/978-3-642-45653-4 |
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Datensatz im Suchindex
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| author | Verbon, Harrie |
| author_facet | Verbon, Harrie |
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| dewey-full | 330 |
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| dewey-search | 330 |
| dewey-sort | 3330 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| doi_str_mv | 10.1007/978-3-642-45653-4 |
| edition | 1st ed. 1988 |
| format | Electronic eBook |
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| spelling | Verbon, Harrie Verfasser aut The Evolution of Public Pension Schemes by Harrie Verbon 1st ed. 1988 Berlin, Heidelberg Springer Berlin Heidelberg 1988 1 Online-Ressource (XII, 287 p) txt rdacontent c rdamedia cr rdacarrier Microeconomic Studies 1. 1 An introduction to the problem This book deals with the development of public pension schemes. The operation of public pension schemes has drawn a great deal of attention recently due to ageing of the population which has become apparent since the 19 70s. This would probably have been less of a problem if these schemes had been financed by a Capital Reserve (abbreviated from now on as CR) system. As is well-known, in a pure CR-system individuals (or generations) save for their own retirement. The (average) rate of return on the premiums paid in this system equals the real rate of interest and, in principle, changes in the rate of population growth do not affect the premium rate or the benefit rate of the system. Most public pension schemes, however, are financed by a Pay-As-You-Go (abbreviated from now on as PAYG) system. In this system current pension payments are financed by current premium payments. In contrast to the CR-system intergenerational transfers occur in this system. If the number of retired people increases relative to the number of workers the premium rate will increase under PAYG. In itself this increase does not have to imply any concern for the premium paying population. What counts is whether the rate of return under a PAYG-system will fall (too far) below the rate of return the CR-system is offering Economics, general Economics Management science Rentenversicherung (DE-588)4049507-3 gnd rswk-swf Rentenfinanzierung (DE-588)4122330-5 gnd rswk-swf Geschichte (DE-588)4020517-4 gnd rswk-swf Altersversorgung (DE-588)4001479-4 gnd rswk-swf Internationaler Vergleich (DE-588)4120509-1 gnd rswk-swf Rentenversicherung (DE-588)4049507-3 s Geschichte (DE-588)4020517-4 s DE-604 Altersversorgung (DE-588)4001479-4 s Internationaler Vergleich (DE-588)4120509-1 s Rentenfinanzierung (DE-588)4122330-5 s Erscheint auch als Druck-Ausgabe 9783642456558 Erscheint auch als Druck-Ausgabe 9783540502319 Erscheint auch als Druck-Ausgabe 9783642456541 https://doi.org/10.1007/978-3-642-45653-4 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Verbon, Harrie The Evolution of Public Pension Schemes Economics, general Economics Management science Rentenversicherung (DE-588)4049507-3 gnd Rentenfinanzierung (DE-588)4122330-5 gnd Geschichte (DE-588)4020517-4 gnd Altersversorgung (DE-588)4001479-4 gnd Internationaler Vergleich (DE-588)4120509-1 gnd |
| subject_GND | (DE-588)4049507-3 (DE-588)4122330-5 (DE-588)4020517-4 (DE-588)4001479-4 (DE-588)4120509-1 |
| title | The Evolution of Public Pension Schemes |
| title_auth | The Evolution of Public Pension Schemes |
| title_exact_search | The Evolution of Public Pension Schemes |
| title_exact_search_txtP | The Evolution of Public Pension Schemes |
| title_full | The Evolution of Public Pension Schemes by Harrie Verbon |
| title_fullStr | The Evolution of Public Pension Schemes by Harrie Verbon |
| title_full_unstemmed | The Evolution of Public Pension Schemes by Harrie Verbon |
| title_short | The Evolution of Public Pension Schemes |
| title_sort | the evolution of public pension schemes |
| topic | Economics, general Economics Management science Rentenversicherung (DE-588)4049507-3 gnd Rentenfinanzierung (DE-588)4122330-5 gnd Geschichte (DE-588)4020517-4 gnd Altersversorgung (DE-588)4001479-4 gnd Internationaler Vergleich (DE-588)4120509-1 gnd |
| topic_facet | Economics, general Economics Management science Rentenversicherung Rentenfinanzierung Geschichte Altersversorgung Internationaler Vergleich |
| url | https://doi.org/10.1007/978-3-642-45653-4 |
| work_keys_str_mv | AT verbonharrie theevolutionofpublicpensionschemes |