Document Type: Procurement Plan Report No.: STEP21466 Document Date: JUN 07, 2019

Author: John Ssengendo Disclosure Status: Disclosed

Document Type: Agreement Report No.: Document Date: APR 25, 2019

Author: LEGKL Disclosure Status: Disclosed

Greece’s current pension system relies almost exclusively on the state and remains staunchly pay-as-you-go (PAYG) and defined benefit (DB). This paper offers a radical proposal for change: (i) a new multi-pillar notional and financial defined contribution (NDC and FDC) pension system for all generations first insured after 1993, with contribution rates for primary pensions reduced by 50 percent; and (ii) a transitional system for those first insured before 1993. ... See More + The proposal’s robustness is tested actuarially for the period up to 2060. Though financing the legacy cost would be challenging, the quantitative exercise indicates that a radical pension reform, especially if implemented as a part of an overall recovery package, could set the country on a more favorable growth trajectory.  See Less -

Document Type: Working Paper (Numbered Series) Report No.: 136547 Document Date: APR 01, 2019

Author: Nektarios,Milton; Tinios,Platon Disclosure Status: Disclosed

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 1.6 to 2.1 given a steady increase in formal labor force participation and 5-6 percent real per capita wage growth. ... See More + Projections show that long-term financial balance will be maintained through 2070, despite the threat of a projected 50 percent decline in the working-age population. Budgeted reserves will cushion the continued transition into a two-pillar public pension scheme. Latvia’s most important long-term policy challenge is to create the domestic investments and economic growth to reward younger workers for remaining in the country.  See Less -

Document Type: Working Paper (Numbered Series) Report No.: 136546 Document Date: APR 01, 2019

Author: Palmer, Edward; Stabina,Sandra Disclosure Status: Disclosed

Document Type: Agreement Report No.: Document Date: MAR 27, 2019

Author: LEGKL Disclosure Status: Disclosed

Document Type: Agreement Report No.: Document Date: MAR 21, 2019

Author: LEGKL Disclosure Status: Disclosed

Document Type: Trust Fund Administrative Agreement Report No.: Document Date: MAR 19, 2019

Author: LEGKL Disclosure Status: Disclosed

Document Type: Agreement Report No.: Document Date: MAR 17, 2019

Author: LEGKL Disclosure Status: Disclosed

Document Type: Auditing Document Report No.: AUD0020297 Document Date: MAR 17, 2019

Author: Mamak,Manvinder Disclosure Status: Disclosed

Document Type: Agreement Report No.: Document Date: MAR 15, 2019

Author: LEGKL Disclosure Status: Disclosed