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Architecture of National Pension Systems

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Abstract:

Retirement‐income regimes are diverse and often involve a number of different programmes. Classifying pension systems and different retirement‐income schemes is consequently difficult. The taxonomy of pensions used here consists of two mandatory "tiers": a redistributive part and a savings part. Voluntary provision, be it individual or employer‐provided, makes up a third tier.

Document Type: Review Article

Publication date: March 1, 2011

oecd/16080289/2011/00002011/00000001/8111011ec010
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