Nonfinancial Defined Contribution Pension Schemes in a Changing Pension World: Volume 1, Progress, Lessons, and Implementation (Paperback) (ISBN-13: 9780821388488)

Nonfinancial Defined Contribution (NDC) schemes are now in their teens. The new pension concept was born in the early 1990s, implemented from the mid-1990s in Italy, Latvia, Poland and Sweden, legislated most recently in Norway and Egypt and serves as inspiration for other reform countries. This innovative unfunded individual account scheme created high hopes at a time when the world seemed to have been locked into a stalemate between piecemeal reforms of ailing traditional defined benefit schemes and introducing pre-funded financial account schemes.

Author: Robert Holzmann
ISBN-10: 0821388487
ISBN-13: 9780821388488
Publisher: World Bank Publications
Language: English
Published: 06/21/2012
Pages: 338
Format: Paperback
Weight: 1.50lbs
Size: 9.90h x 6.90w x 0.90d