Pension Systems and Pension Reform in an Aging Society

Elsa Baroni 2007

After having illustrated both theoretical and empirical sides of the debate on the ability of a pension system to fulfill its aim with an aging population, the paper makes two main claims: the debate should be re-framed with focus on the type of benefit offered, coverage, eligibility conditions and actuarial design and that the adoption of micro simulation modeling is a well-suited methodology in this important policy debate.

Download Working Paper 2007 no.6

After having illustrated both theoretical and empirical sides of the debate on the ability of a pension system to fulfill its aim with an aging population, the paper makes two main claims: the debate should be re-framed with focus on the type of benefit offered, coverage, eligibility conditions and actuarial design and that the adoption of micro simulation modeling is a well-suited methodology in this important policy debate.

Download Working Paper 2007 no.6