000 02871cam a22003854a 4500
001 bk19492
003 The World Bank
006 m d
007 cr cn|||||||||
008 020129s2012 dcu o i001 0 eng
020 _a9780821394939
_c19.99 USD
020 _z9780821394922
024 8 _a10.1596/978-0-8213-9492-2
035 _a(The World Bank)bk19492
245 0 0 _aMatching Contributions for Pensions
_h[electronic resource]
_bA Review of International Experience
260 _aWashington, D.C.,
_bThe World Bank,
_c2012
300 _a1 online resource (334 p.)
520 3 _aThe use of matching contributions to enhance the participation and level of savings in pensions system has now been in use for nearly three decades in a number of high income countries. Increasingly, countries across the full range of economic development are looking to the design as a means of addressing the low rates of participation in formal pension and other retirement savings systems. A number of countries have recently introduced innovations in their pension systems that significantly rely on contributions matches and related types of direct subsidies to provide incentives for groups that mandates and other indirect methods such as preferential tax treatment have been unsuccessful in reaching. There is particular interest among developing countries in utilizing this design to extend coverage to informal sector and low income workers that typically do not pay income related taxes. This volume provides descriptions and analysis of the design, experience and outcomes achieved in the high income countries where there information about the dynamics and outcomes that this approach has achieved is not beginning to emerge. It also reviews new efforts to use the design in a number of other settings in which the matching contributions have been included as a significant element in reform of the pension system. The review of the experience with matching contribution across this full range of settings provides important observations and some initial lessons for policy makers and analysts who may be considering or evaluating the use of this approach to increase pension coverage.
588 _aDescription based on print version record.
650 4 _aBehavioral Finance
650 4 _aFinance and Financial Sector Development
650 4 _aInformal Sector Workforce
650 4 _aMacroeconomics and Economic Growth
650 4 _aPension reform
650 4 _aPensions
650 4 _aRetirement Savings
650 4 _aSocial Protections and Labor
700 1 _aHinz, Richard
700 1 _aHolzmann, Robert
700 1 _aTakayama, Noriyuki
700 1 _aTuesta, David
776 0 8 _aPrint Version:
_z9780821394922
830 0 _aWorld Bank e-Library.
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/978-0-8213-9492-2
999 _c16955
_d16955