Assessing the pension reform potential of a notional defined contribution pillar
Bibliographic Data
| ID | 9971728 |
|---|---|
| Authors | John B Williamson (0000-0001-9456-1797, Boston College, corresponding author) |
| Year | 2004 |
| Volume | 57 |
| Issue | 1 |
| Pages | 47-64 |
| Publication date | 2004-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | International Social Security Review (JOURNAL) |
| Journal identifiers | ISSN: 0020-871X • E-ISSN: 1468-246X |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.0020-871x.2004.00180.x |
| OpenAlex | W2092393079 |
| Language | EN |
| Citations received | 14 |
| References cited | 13 |
As some of the limitations of the traditional pay‐as‐you‐go defined benefit public pension model have become more evident in recent years, pension experts have begun searching for alternative models. The notional defined contribution model, also financed on a pay‐as‐you‐go basis, has emerged as one of the major new approaches. Drawing on evidence from schemes in six countries (Sweden, Italy, Poland, Latvia, Kyrgystan and Mongolia), this article aims to describe the notional defined contribution model and to review its strengths and limitations relative to the major alternatives, the pay‐as‐you‐go defined benefit model and the funded defined contribution model. A four‐pillar pension model is proposed
Actuarial science · Business · Economics · Notional amount · Pension · Pillar · Public economics · Engineering · Finance · Financial Literacy, Pension, Retirement Analysis · Global Health Care Issues · Retirement, Disability, and Employment
Policy Feedbacks and Pension Policy Change
Global population aging
The Privatisation of Social Insurance and its Effect on Social Integration
Constitutional Limitations of Social Security Privatisation
Gender, employment and social security in Norway
Closing the gender gap in pensions
Social security reform
The political economy of pension reform in Russia
Old-age pension reform and modernization pathways
Pension policy in China, Singapore, and South Korea
A “Swedish” actuarial balance for a notional defined contribution pension scheme with disability and minimum pension benefits
Notional defined contributions (NDC)
Paths and Forks or Chutes and Ladders
Notional Defined Contribution Accounts
| Unique citing works | 14 |
|---|---|
| Citations per year | 0,67 |
| Citation span | 2005 - 2018 (14) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 14 |