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Financing retirement pensions

Pay‐as‐you‐go and funded systems in the European Union

Bibliographic Data

ID9971791
AuthorsEmmanuel Reynaud, Emmanuel G Reynaud (0000-0003-1502-661X, Institut de recherches économiques et sociales, corresponding author)
Year1995
Volume48
Issue3-4
Pages41-57
Publication date1995-07-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInternational Social Security Review (JOURNAL)
Journal identifiersISSN: 0020-871X • E-ISSN: 1468-246X
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1468-246x.1995.tb00445.x
OpenAlexW2089031312
LanguageEN
Citations received21
References cited2

The techniques used to finance retirement pensions in the European Union are extremely varied, as are schemes’institutional frameworks. The standard distinction between pay‐as‐you‐go and funded systems obscures the fact that there are four main types of schemes, each with very distinct methods of regulation and conditions of long‐term viability. An analysis of the current procedures reveals the extent to which the schemes’ways of operating differ, and points to considerable variations in the way the social actors participate in the process of regulation. The adaptation of pension systems to new realities is dependent on factors which go far beyond a simple choice between two basic methods of financing

Adaptation (eye · Business · Economic policy · Economics · European union · Pension · Pension system · Process (computing · Public economics · Simple (philosophy · Finance · Housing, Finance, and Neoliberalism · Social Policy and Reform Studies

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Unique citing works21
Citations per year0,84
Citation span2001 - 2002 (2)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 21

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