NDC : The Generic Old-Age Pension Scheme

This paper defines a universal public pension scheme (UPPS) as a government mandated lifecycle longevity insurance scheme that transfers individual consumption from the working years to retirement. It discusses the differences in four UPPS designs...

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Bibliographic Details
Main Authors: Góra, Marek, Palmer, Edward
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/440441556879507688/NDC-The-Generic-Old-Age-Pension-Scheme
http://hdl.handle.net/10986/31631