Matching Contributions for Pensions : A Review of International Experience
Establishing robust, equitable, and effective social protection is essential to reducing poverty and boosting prosperity at all levels of development. The demographic transition that has already transformed most high-income societies will exert sim...
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Washington, DC: World Bank
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2012/10/16928814/matching-contributions-pensions http://hdl.handle.net/10986/11968 |
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okr-10986-119682021-04-23T14:02:58Z Matching Contributions for Pensions : A Review of International Experience Hinz, Richard Holzmann, Robert Tuesta, David Takayama, Noriyuki Hinz, Richard Holzmann, Robert Tuesta, David Takayama, Noriyuki BOOSTING PROSPERITY DEMOGRAPHIC TRANSITION PENSION SAVING SYSTEMS POVERTY REDUCTION SOCIAL PROTECTION Establishing robust, equitable, and effective social protection is essential to reducing poverty and boosting prosperity at all levels of development. The demographic transition that has already transformed most high-income societies will exert similar and growing pressures on others, reinforcing the role of pensions and savings for old age as a central pillar of social protection systems. One possible solution that has emerged in recent years that offers the potential to overcome this challenge is the provision of contribution matches to provide an immediate and powerful incentive for participation in pension saving systems. Originating in several high-income settings there are now a number of innovations and substantial experience in low-income countries in using this design to stimulate coverage and savings. This experience now provides a rich opportunity for learning, not just from the longer experience of a few high-income countries but also the more meaningful South-South learning across developing countries.This volume, which reviews the experience with matching pension contributions across the range of countries that have used the design, makes an initial, but critically important investment in this learning process. The description and analysis of this experience which is the product of partnership and collaboration across many public and private institutions provide an invaluable early assessment of the design to inform policy makers and practitioners as well as serve as a model for the kind of cooperation that will be required to address this difficult challenge. At the World Bank, we look forward to being part of this learning process of how to best provide old-age security for all. 2012-12-11T22:05:11Z 2012-12-11T22:05:11Z 2013 http://documents.worldbank.org/curated/en/2012/10/16928814/matching-contributions-pensions 978-0-8213-9492-2 http://hdl.handle.net/10986/11968 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication United States Germany New Zealand Japan Korea, Republic of Chile Colombia Mexico Peru India Cape Verde Tunisia Thailand China, People's Republic of |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
BOOSTING PROSPERITY DEMOGRAPHIC TRANSITION PENSION SAVING SYSTEMS POVERTY REDUCTION SOCIAL PROTECTION |
| spellingShingle |
BOOSTING PROSPERITY DEMOGRAPHIC TRANSITION PENSION SAVING SYSTEMS POVERTY REDUCTION SOCIAL PROTECTION Hinz, Richard Holzmann, Robert Tuesta, David Takayama, Noriyuki Matching Contributions for Pensions : A Review of International Experience |
| geographic_facet |
United States Germany New Zealand Japan Korea, Republic of Chile Colombia Mexico Peru India Cape Verde Tunisia Thailand China, People's Republic of |
| description |
Establishing robust, equitable, and
effective social protection is essential to reducing poverty
and boosting prosperity at all levels of development. The
demographic transition that has already transformed most
high-income societies will exert similar and growing
pressures on others, reinforcing the role of pensions and
savings for old age as a central pillar of social protection
systems. One possible solution that has emerged in recent
years that offers the potential to overcome this challenge
is the provision of contribution matches to provide an
immediate and powerful incentive for participation in
pension saving systems. Originating in several high-income
settings there are now a number of innovations and
substantial experience in low-income countries in using this
design to stimulate coverage and savings. This experience
now provides a rich opportunity for learning, not just from
the longer experience of a few high-income countries but
also the more meaningful South-South learning across
developing countries.This volume, which reviews
the experience with matching pension contributions across
the range of countries that have used the design, makes an
initial, but critically important investment in this
learning process. The description and analysis of this
experience which is the product of partnership and
collaboration across many public and private institutions
provide an invaluable early assessment of the design to
inform policy makers and practitioners as well as serve as a
model for the kind of cooperation that will be required to
address this difficult challenge. At the World Bank, we look
forward to being part of this learning process of how to
best provide old-age security for all. |
| author2 |
Hinz, Richard |
| author_facet |
Hinz, Richard Hinz, Richard Holzmann, Robert Tuesta, David Takayama, Noriyuki |
| format |
Publications & Research :: Publication |
| author |
Hinz, Richard Holzmann, Robert Tuesta, David Takayama, Noriyuki |
| author_sort |
Hinz, Richard |
| title |
Matching Contributions for Pensions : A Review of International Experience |
| title_short |
Matching Contributions for Pensions : A Review of International Experience |
| title_full |
Matching Contributions for Pensions : A Review of International Experience |
| title_fullStr |
Matching Contributions for Pensions : A Review of International Experience |
| title_full_unstemmed |
Matching Contributions for Pensions : A Review of International Experience |
| title_sort |
matching contributions for pensions : a review of international experience |
| publisher |
Washington, DC: World Bank |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2012/10/16928814/matching-contributions-pensions http://hdl.handle.net/10986/11968 |
| _version_ |
1764418373759795200 |