The Latvian NDC Scheme : Success Under a Decreasing Labor Force

Latvia introduced a nonfinancial defined contribution (NDC) scheme in 1996 as it transitioned to a market economy. Despite a 20 percent decline in the working-age population from 1994–2016, the ratio of contributors to old-age pensioners rose from...

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Bibliographic Details
Main Authors: Palmer, Edward, Stabina, Sandra
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/422531556878533144/The-Latvian-NDC-Scheme-Success-Under-a-Decreasing-Labor-Force
http://hdl.handle.net/10986/31648