FIAP

Informativo FIAP

FIAP > FIAP Newsletter > Parametric Reforms in the Public PAYGO Pension Programs 1995-mid 2015

Parametric Reforms in the Public PAYGO Pension Programs 1995-mid 2015

15 September, 2015

The document Parametric Reforms in the Public PAYGO Pension Programs 1995-mid 2015 is now available

This document compiles the main parametric reforms (approved or under discussion) introduced between 1995 and June 2015 in the new reformed pension systems with public PAYGO programs and the unreformed public PAYGO programs.

Financial difficulties of the public PAYGO programs have led to that in a period of 19 years and a half:

– 74 countries increase the contribution rate (e.g. France, Norway, Russia and Portugal)
– 48 increase the retirement age (e.g. France, Spain, France and Greece)
– 62 adjust the benefits formula or directly reduced benefits (e.g. Brazil, Italy, Netherlands and the U.K.)

See online
NEWSLETTER FIAP: 8

See all newsletters
Suscribe to the Fiap International Newsletter Sign up here