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FIAP > FIAP Newsletter > Pension Note No.8: The importance of generating automatic adjustments of the parameters of the individually-funded systems

Pension Note No.8: The importance of generating automatic adjustments of the parameters of the individually-funded systems

8 September, 2015

THE PENSION NOTE: THE IMPORTANCE OF GENERATING AUTOMATIC ADJUSTMENTS OF THE PARAMETERS OF THE INDIVIDUALLY-FUNDED SYSTEMS IS NOW AVAILABLE

First of all, this Pension Note discusses the need to include automatic adjustments of the relevant parameters for obtaining adequate pensions in the regulations of pension systems. Secondly, it broadly describes the experiences of other countries that have implemented adjustments to the parameters of pension systems. And thirdly, some relevant aspects for the political economy of automatic adjustments are mentioned. Finally, it describes proposals for reviewing the institutional framework that enables generating automatic changes (on a technical basis) in the key parameters of the individually-funded systems.

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