The Impact of Lifetime Events on Pensions : NDC Schemes in Poland, Italy, and Sweden and the Point Scheme in Germany

The paper focuses on the interrupted careers in four countries where pensions are based on lifetime labor income, but they have different labor market patterns. High levels of employment in Germany and Sweden are in contrast with low levels of empl...

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Main Authors: Chłon-Dominczak, Agnieszka, Góra, Marek, Kotowska, Irena E., Magda, Iga, Ruzik-Sierdzinska, Anna, Strzelecki, Paweł
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/965811557815618632/The-Impact-of-Lifetime-Events-on-Pensions-NDC-Schemes-in-Poland-Italy-and-Sweden-and-the-Point-Scheme-in-Germany
http://hdl.handle.net/10986/31705
id okr-10986-31705
recordtype oai_dc
spelling okr-10986-317052021-09-16T13:53:41Z The Impact of Lifetime Events on Pensions : NDC Schemes in Poland, Italy, and Sweden and the Point Scheme in Germany Chłon-Dominczak, Agnieszka Góra, Marek Kotowska, Irena E. Magda, Iga Ruzik-Sierdzinska, Anna Strzelecki, Paweł PENSIONS LABOR MARKET GENDER GAP EMPLOYMENT LABOR FORCE PARTICIPATION PENSION REFORM NOTIONAL DEFINED CONTRIBUTION WAGE GAP INTERRUPTED CAREERS The paper focuses on the interrupted careers in four countries where pensions are based on lifetime labor income, but they have different labor market patterns. High levels of employment in Germany and Sweden are in contrast with low levels of employment, particularly for women, in Italy and Poland. Career interruptions of women in Italy mean early withdrawal from the labor market, while in Sweden women choose part-time employment. Lower employment rates and gender pay gaps are important causes of differences in expected pension levels. The pension system design and demographics are also different. Prolonging working lives and reducing gender gaps in employment and pay, particularly for those at risk of interrupted careers, is key to ensure decent old-age pensions 2019-05-15T14:28:04Z 2019-05-15T14:28:04Z 2019-04 Working Paper http://documents.worldbank.org/curated/en/965811557815618632/The-Impact-of-Lifetime-Events-on-Pensions-NDC-Schemes-in-Poland-Italy-and-Sweden-and-the-Point-Scheme-in-Germany http://hdl.handle.net/10986/31705 English Social Protection and Jobs Discussion Paper;No. 1918 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Europe and Central Asia Europe Germany Italy Poland Sweden
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PENSIONS
LABOR MARKET
GENDER GAP
EMPLOYMENT
LABOR FORCE PARTICIPATION
PENSION REFORM
NOTIONAL DEFINED CONTRIBUTION
WAGE GAP
INTERRUPTED CAREERS
spellingShingle PENSIONS
LABOR MARKET
GENDER GAP
EMPLOYMENT
LABOR FORCE PARTICIPATION
PENSION REFORM
NOTIONAL DEFINED CONTRIBUTION
WAGE GAP
INTERRUPTED CAREERS
Chłon-Dominczak, Agnieszka
Góra, Marek
Kotowska, Irena E.
Magda, Iga
Ruzik-Sierdzinska, Anna
Strzelecki, Paweł
The Impact of Lifetime Events on Pensions : NDC Schemes in Poland, Italy, and Sweden and the Point Scheme in Germany
geographic_facet Europe and Central Asia
Europe
Germany
Italy
Poland
Sweden
relation Social Protection and Jobs Discussion Paper;No. 1918
description The paper focuses on the interrupted careers in four countries where pensions are based on lifetime labor income, but they have different labor market patterns. High levels of employment in Germany and Sweden are in contrast with low levels of employment, particularly for women, in Italy and Poland. Career interruptions of women in Italy mean early withdrawal from the labor market, while in Sweden women choose part-time employment. Lower employment rates and gender pay gaps are important causes of differences in expected pension levels. The pension system design and demographics are also different. Prolonging working lives and reducing gender gaps in employment and pay, particularly for those at risk of interrupted careers, is key to ensure decent old-age pensions
format Working Paper
author Chłon-Dominczak, Agnieszka
Góra, Marek
Kotowska, Irena E.
Magda, Iga
Ruzik-Sierdzinska, Anna
Strzelecki, Paweł
author_facet Chłon-Dominczak, Agnieszka
Góra, Marek
Kotowska, Irena E.
Magda, Iga
Ruzik-Sierdzinska, Anna
Strzelecki, Paweł
author_sort Chłon-Dominczak, Agnieszka
title The Impact of Lifetime Events on Pensions : NDC Schemes in Poland, Italy, and Sweden and the Point Scheme in Germany
title_short The Impact of Lifetime Events on Pensions : NDC Schemes in Poland, Italy, and Sweden and the Point Scheme in Germany
title_full The Impact of Lifetime Events on Pensions : NDC Schemes in Poland, Italy, and Sweden and the Point Scheme in Germany
title_fullStr The Impact of Lifetime Events on Pensions : NDC Schemes in Poland, Italy, and Sweden and the Point Scheme in Germany
title_full_unstemmed The Impact of Lifetime Events on Pensions : NDC Schemes in Poland, Italy, and Sweden and the Point Scheme in Germany
title_sort impact of lifetime events on pensions : ndc schemes in poland, italy, and sweden and the point scheme in germany
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/965811557815618632/The-Impact-of-Lifetime-Events-on-Pensions-NDC-Schemes-in-Poland-Italy-and-Sweden-and-the-Point-Scheme-in-Germany
http://hdl.handle.net/10986/31705
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