Architecture of National Pension Systems
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