The Pension System in Iran : Challenges and Opportunities, Volume 1. Main Report
The present report evaluates the Iranian pension system and proposes a series o f policy interventions to improve outreach, financing mechanisms, incentives, equity, and management. It has been prepared at the request o f the Management and Plannin...
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| Format: | Policy Note |
| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2003/09/2637393/iran-pension-system-iran-challenges-opportunities-vol-1-2-main-report http://hdl.handle.net/10986/14645 |
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okr-10986-14645 |
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| recordtype |
oai_dc |
| 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 |
ACCOUNTABILITY ACCRUAL RATES ACCUMULATION PERIOD ACTUARIES ANNUITIES AUDITING AUDITS BALANCE SHEETS BENEFICIARIES BENEFIT FORMULA CAPITALIZATION CIVIL SERVICE CONTINGENT LIABILITIES CONTRACTUAL SAVINGS CONTRIBUTION RATE CONTRIBUTION RATES CONTRIBUTORY SYSTEMS COVERAGE CURRENT ASSETS DEBT DEFINED CONTRIBUTIONS DEVELOPMENT POLICIES EARLY RETIREMENT PROGRAMS ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC SECTORS EXCHANGE RATE EXPENDITURES FIDUCIARY FIDUCIARY RESPONSIBILITIES FINANCIAL MARKETS FINANCIAL SECTOR FISCAL POLICY FISCAL YEAR FULL-CAREER WORKER GDP GDP PER CAPITA GOVERNMENT BONDS GROSS EARNINGS GROWTH RATE HUMAN DEVELOPMENT INCOME INDEXATION INDIVIDUAL ACCOUNTS INSURANCE INSURANCE SYSTEM INTEREST RATE LABOR FORCE LABOR MARKETS LABOR PRODUCTIVITY LIFE EXPECTANCIES LIFE EXPECTANCY LIFE INSURANCE LIFETIME EARNINGS LIQUIDITY MACROECONOMIC CONDITIONS MANDATES MANDATORY SAVINGS MARKET DISTORTIONS MARKET POWER NEW ENTRANTS PAYOUT PERIOD PENSION FUND PENSION FUNDS PENSION LIABILITIES PENSION PLANS PENSION REFORM PENSION REFORMS PENSION SCHEMES PENSION SYSTEM PENSION SYSTEMS PENSIONERS POLICY INSTRUMENTS POLITICAL ECONOMY PRIVATIZATION PRODUCTIVITY GROWTH PROFITABILITY PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC SYSTEM PURCHASING POWER REPLACEMENT RATE REPLACEMENT RATES RESERVES RETIREES RETIREMENT RETIREMENT AGE RETIREMENT AGES RETIREMENT PLANS RETIREMENT SAVINGS SAVINGS SAVINGS ACCOUNTS SAVINGS SCHEMES SOCIAL ASSISTANCE SOCIAL ASSISTANCE PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SUPERVISORY FRAMEWORK SUPERVISORY INFRASTRUCTURE SURVIVOR BENEFITS SURVIVOR PENSIONS SUSTAINABILITY TAX TREATMENT TRANSFERRED ASSETS UNEMPLOYMENT UNEMPLOYMENT INSURANCE UNEMPLOYMENT RATES VALUATION WAGE HISTORIES WAGES PENSION SYSTEMS OUTREACH ACTIVITIES FINANCING PROGRAMS INCENTIVES EQUITY OBJECTIVES PENSION FUND MANAGEMENT SOCIAL SECURITY SYSTEMS RETIREMENT PROGRAMS PENSION REFORM PENSION FUNDS TAXATION CIVIL SERVICE PENSIONS CIVIL SERVICE PENSIONS INVESTMENTS ADMINISTRATION PENSION COVERAGE RATES OF RETURN WORKERS PENSION CONTRIBUTIONS RISK ALLOCATION MANDATORY SAVING PROGRAMS GOVERNANCE CAPACITY INSTITUTIONAL CAPACITY SAVINGS PROMOTION |
| spellingShingle |
ACCOUNTABILITY ACCRUAL RATES ACCUMULATION PERIOD ACTUARIES ANNUITIES AUDITING AUDITS BALANCE SHEETS BENEFICIARIES BENEFIT FORMULA CAPITALIZATION CIVIL SERVICE CONTINGENT LIABILITIES CONTRACTUAL SAVINGS CONTRIBUTION RATE CONTRIBUTION RATES CONTRIBUTORY SYSTEMS COVERAGE CURRENT ASSETS DEBT DEFINED CONTRIBUTIONS DEVELOPMENT POLICIES EARLY RETIREMENT PROGRAMS ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC SECTORS EXCHANGE RATE EXPENDITURES FIDUCIARY FIDUCIARY RESPONSIBILITIES FINANCIAL MARKETS FINANCIAL SECTOR FISCAL POLICY FISCAL YEAR FULL-CAREER WORKER GDP GDP PER CAPITA GOVERNMENT BONDS GROSS EARNINGS GROWTH RATE HUMAN DEVELOPMENT INCOME INDEXATION INDIVIDUAL ACCOUNTS INSURANCE INSURANCE SYSTEM INTEREST RATE LABOR FORCE LABOR MARKETS LABOR PRODUCTIVITY LIFE EXPECTANCIES LIFE EXPECTANCY LIFE INSURANCE LIFETIME EARNINGS LIQUIDITY MACROECONOMIC CONDITIONS MANDATES MANDATORY SAVINGS MARKET DISTORTIONS MARKET POWER NEW ENTRANTS PAYOUT PERIOD PENSION FUND PENSION FUNDS PENSION LIABILITIES PENSION PLANS PENSION REFORM PENSION REFORMS PENSION SCHEMES PENSION SYSTEM PENSION SYSTEMS PENSIONERS POLICY INSTRUMENTS POLITICAL ECONOMY PRIVATIZATION PRODUCTIVITY GROWTH PROFITABILITY PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC SYSTEM PURCHASING POWER REPLACEMENT RATE REPLACEMENT RATES RESERVES RETIREES RETIREMENT RETIREMENT AGE RETIREMENT AGES RETIREMENT PLANS RETIREMENT SAVINGS SAVINGS SAVINGS ACCOUNTS SAVINGS SCHEMES SOCIAL ASSISTANCE SOCIAL ASSISTANCE PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SUPERVISORY FRAMEWORK SUPERVISORY INFRASTRUCTURE SURVIVOR BENEFITS SURVIVOR PENSIONS SUSTAINABILITY TAX TREATMENT TRANSFERRED ASSETS UNEMPLOYMENT UNEMPLOYMENT INSURANCE UNEMPLOYMENT RATES VALUATION WAGE HISTORIES WAGES PENSION SYSTEMS OUTREACH ACTIVITIES FINANCING PROGRAMS INCENTIVES EQUITY OBJECTIVES PENSION FUND MANAGEMENT SOCIAL SECURITY SYSTEMS RETIREMENT PROGRAMS PENSION REFORM PENSION FUNDS TAXATION CIVIL SERVICE PENSIONS CIVIL SERVICE PENSIONS INVESTMENTS ADMINISTRATION PENSION COVERAGE RATES OF RETURN WORKERS PENSION CONTRIBUTIONS RISK ALLOCATION MANDATORY SAVING PROGRAMS GOVERNANCE CAPACITY INSTITUTIONAL CAPACITY SAVINGS PROMOTION World Bank The Pension System in Iran : Challenges and Opportunities, Volume 1. Main Report |
| geographic_facet |
Middle East and North Africa Iran, Islamic Republic of |
| description |
The present report evaluates the Iranian
pension system and proposes a series o f policy
interventions to improve outreach, financing mechanisms,
incentives, equity, and management. It has been prepared at
the request o f the Management and Planning Organization.
Given data constraints, the analysis concentrates primarily
on the Social Security Organization and the Civil Servants
Retirement Organization, the two main pension funds.
Occupational funds and non- contributory regimes are
surveyed only briefly. The need to look more closely at
these schemes in the near future i s emphasized. The report
i s organized in eight sections. Section 1 presents the
background o f the study. Section 2 provides a general
overview o f the Iranian pension system. Sections 3 and 4
present detailed assessments of the Social Security
Organization and the Civil Servants Retirement Organization.
Section 5 concentrates on the tax treatment o f retirement
savings. Section 6 proposes a framework for guiding pension
reform, presents a typology o f pension mechanisms, and
reviews international experiences. On the basis o f this
framework, Section 7 outlines strategic directions for
reforming the Iranian pension system and analyzes the
financial and fiscal implications. Finally, Section 8
discusses the political economy o f pension reform and
recommends necessary steps for the design and implementation
o f a successful reform program. |
| format |
Economic & Sector Work :: Policy Note |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
The Pension System in Iran : Challenges and Opportunities, Volume 1. Main Report |
| title_short |
The Pension System in Iran : Challenges and Opportunities, Volume 1. Main Report |
| title_full |
The Pension System in Iran : Challenges and Opportunities, Volume 1. Main Report |
| title_fullStr |
The Pension System in Iran : Challenges and Opportunities, Volume 1. Main Report |
| title_full_unstemmed |
The Pension System in Iran : Challenges and Opportunities, Volume 1. Main Report |
| title_sort |
pension system in iran : challenges and opportunities, volume 1. main report |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2003/09/2637393/iran-pension-system-iran-challenges-opportunities-vol-1-2-main-report http://hdl.handle.net/10986/14645 |
| _version_ |
1764428203212931072 |
| spelling |
okr-10986-146452021-04-23T14:03:17Z The Pension System in Iran : Challenges and Opportunities, Volume 1. Main Report World Bank ACCOUNTABILITY ACCRUAL RATES ACCUMULATION PERIOD ACTUARIES ANNUITIES AUDITING AUDITS BALANCE SHEETS BENEFICIARIES BENEFIT FORMULA CAPITALIZATION CIVIL SERVICE CONTINGENT LIABILITIES CONTRACTUAL SAVINGS CONTRIBUTION RATE CONTRIBUTION RATES CONTRIBUTORY SYSTEMS COVERAGE CURRENT ASSETS DEBT DEFINED CONTRIBUTIONS DEVELOPMENT POLICIES EARLY RETIREMENT PROGRAMS ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC SECTORS EXCHANGE RATE EXPENDITURES FIDUCIARY FIDUCIARY RESPONSIBILITIES FINANCIAL MARKETS FINANCIAL SECTOR FISCAL POLICY FISCAL YEAR FULL-CAREER WORKER GDP GDP PER CAPITA GOVERNMENT BONDS GROSS EARNINGS GROWTH RATE HUMAN DEVELOPMENT INCOME INDEXATION INDIVIDUAL ACCOUNTS INSURANCE INSURANCE SYSTEM INTEREST RATE LABOR FORCE LABOR MARKETS LABOR PRODUCTIVITY LIFE EXPECTANCIES LIFE EXPECTANCY LIFE INSURANCE LIFETIME EARNINGS LIQUIDITY MACROECONOMIC CONDITIONS MANDATES MANDATORY SAVINGS MARKET DISTORTIONS MARKET POWER NEW ENTRANTS PAYOUT PERIOD PENSION FUND PENSION FUNDS PENSION LIABILITIES PENSION PLANS PENSION REFORM PENSION REFORMS PENSION SCHEMES PENSION SYSTEM PENSION SYSTEMS PENSIONERS POLICY INSTRUMENTS POLITICAL ECONOMY PRIVATIZATION PRODUCTIVITY GROWTH PROFITABILITY PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC SYSTEM PURCHASING POWER REPLACEMENT RATE REPLACEMENT RATES RESERVES RETIREES RETIREMENT RETIREMENT AGE RETIREMENT AGES RETIREMENT PLANS RETIREMENT SAVINGS SAVINGS SAVINGS ACCOUNTS SAVINGS SCHEMES SOCIAL ASSISTANCE SOCIAL ASSISTANCE PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SUPERVISORY FRAMEWORK SUPERVISORY INFRASTRUCTURE SURVIVOR BENEFITS SURVIVOR PENSIONS SUSTAINABILITY TAX TREATMENT TRANSFERRED ASSETS UNEMPLOYMENT UNEMPLOYMENT INSURANCE UNEMPLOYMENT RATES VALUATION WAGE HISTORIES WAGES PENSION SYSTEMS OUTREACH ACTIVITIES FINANCING PROGRAMS INCENTIVES EQUITY OBJECTIVES PENSION FUND MANAGEMENT SOCIAL SECURITY SYSTEMS RETIREMENT PROGRAMS PENSION REFORM PENSION FUNDS TAXATION CIVIL SERVICE PENSIONS CIVIL SERVICE PENSIONS INVESTMENTS ADMINISTRATION PENSION COVERAGE RATES OF RETURN WORKERS PENSION CONTRIBUTIONS RISK ALLOCATION MANDATORY SAVING PROGRAMS GOVERNANCE CAPACITY INSTITUTIONAL CAPACITY SAVINGS PROMOTION The present report evaluates the Iranian pension system and proposes a series o f policy interventions to improve outreach, financing mechanisms, incentives, equity, and management. It has been prepared at the request o f the Management and Planning Organization. Given data constraints, the analysis concentrates primarily on the Social Security Organization and the Civil Servants Retirement Organization, the two main pension funds. Occupational funds and non- contributory regimes are surveyed only briefly. The need to look more closely at these schemes in the near future i s emphasized. The report i s organized in eight sections. Section 1 presents the background o f the study. Section 2 provides a general overview o f the Iranian pension system. Sections 3 and 4 present detailed assessments of the Social Security Organization and the Civil Servants Retirement Organization. Section 5 concentrates on the tax treatment o f retirement savings. Section 6 proposes a framework for guiding pension reform, presents a typology o f pension mechanisms, and reviews international experiences. On the basis o f this framework, Section 7 outlines strategic directions for reforming the Iranian pension system and analyzes the financial and fiscal implications. Finally, Section 8 discusses the political economy o f pension reform and recommends necessary steps for the design and implementation o f a successful reform program. 2013-07-29T20:15:56Z 2013-07-29T20:15:56Z 2003-09 http://documents.worldbank.org/curated/en/2003/09/2637393/iran-pension-system-iran-challenges-opportunities-vol-1-2-main-report http://hdl.handle.net/10986/14645 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work Middle East and North Africa Iran, Islamic Republic of |