Improving the pension system and the welfare of retirees in Israel:
Israel is a young country with still dynamic population growth, but it is already beginning to face the consequences of population ageing. The pension system relies largely on mandatory private retirement saving, which will moderate the long-term fiscal impact. Yet, there are questions about the fai...
Gespeichert in:
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2016
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| Schriftenreihe: | OECD Economics Department Working Papers
no.1288 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Israel is a young country with still dynamic population growth, but it is already beginning to face the consequences of population ageing. The pension system relies largely on mandatory private retirement saving, which will moderate the long-term fiscal impact. Yet, there are questions about the fairness of the pension system, given the regressive nature of some of its tax provisions, its ability to effectively protect the most vulnerable elderly, whose poverty rate is high, as is the case for the rest of the population, and its efficiency in securing and valuing these retirement savings to guarantee pension adequacy. This review examines ways forward for policy to address these issues by reinforcing the protective role of basic pensions, by encouraging people to work longer and by improving the fairness and effectiveness of the system's second pillar. This Working Paper relates to the 2016 OECD Economic Review of Israel (www.oecd.org/eco/surveys/economic-survey-israel.htm). |
| Beschreibung: | 1 Online-Ressource (40 p.) 21 x 29.7cm. |
| DOI: | 10.1787/5jm0xf1fsqvf-en |
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| spelling | Giorno, Claude VerfasserIn aut Improving the pension system and the welfare of retirees in Israel Claude, Giorno and Jacques, Adda = Améliorer le système de retraite et le bien-être des retraités en Israël / Claude, Giorno et Jacques, Adda Améliorer le système de retraite et le bien-être des retraités en Israël Paris OECD Publishing 2016 1 Online-Ressource (40 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.1288 Israel is a young country with still dynamic population growth, but it is already beginning to face the consequences of population ageing. The pension system relies largely on mandatory private retirement saving, which will moderate the long-term fiscal impact. Yet, there are questions about the fairness of the pension system, given the regressive nature of some of its tax provisions, its ability to effectively protect the most vulnerable elderly, whose poverty rate is high, as is the case for the rest of the population, and its efficiency in securing and valuing these retirement savings to guarantee pension adequacy. This review examines ways forward for policy to address these issues by reinforcing the protective role of basic pensions, by encouraging people to work longer and by improving the fairness and effectiveness of the system's second pillar. This Working Paper relates to the 2016 OECD Economic Review of Israel (www.oecd.org/eco/surveys/economic-survey-israel.htm). Employment Economics Israel Adda, Jacques MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5jm0xf1fsqvf-en Volltext |
| spellingShingle | Giorno, Claude Improving the pension system and the welfare of retirees in Israel Employment Economics Israel |
| title | Improving the pension system and the welfare of retirees in Israel |
| title_alt | Améliorer le système de retraite et le bien-être des retraités en Israël |
| title_auth | Improving the pension system and the welfare of retirees in Israel |
| title_exact_search | Improving the pension system and the welfare of retirees in Israel |
| title_full | Improving the pension system and the welfare of retirees in Israel Claude, Giorno and Jacques, Adda = Améliorer le système de retraite et le bien-être des retraités en Israël / Claude, Giorno et Jacques, Adda |
| title_fullStr | Improving the pension system and the welfare of retirees in Israel Claude, Giorno and Jacques, Adda = Améliorer le système de retraite et le bien-être des retraités en Israël / Claude, Giorno et Jacques, Adda |
| title_full_unstemmed | Improving the pension system and the welfare of retirees in Israel Claude, Giorno and Jacques, Adda = Améliorer le système de retraite et le bien-être des retraités en Israël / Claude, Giorno et Jacques, Adda |
| title_short | Improving the pension system and the welfare of retirees in Israel |
| title_sort | improving the pension system and the welfare of retirees in israel |
| topic | Employment Economics Israel |
| topic_facet | Employment Economics Israel |
| url | https://doi.org/10.1787/5jm0xf1fsqvf-en |
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