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Implicit pension debt: issues, measurement and scope in international perspective (English)

This paper argues that it is important to take into account unfunded public pension liabilities as part of an assessment of the overall fiscal situation, including the fiscal positions of pension schemes pre and post reforms. It examines the concept of the implicit pension debt (IPD) and presents estimates for 35 low and middle income countries based on a consistent methodology and assumptions. The policy conclusions stress the need for standardized international reporting of this indicator.

Details

  • Author

    Holzmann,Robert, Palacios,Robert J., Zviniene,Asta

  • Document Date

    2004/03/01

  • Document Type

    Working Paper (Numbered Series)

  • Report Number

    30153

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    World,

  • Region

    The World Region,

  • Disclosure Date

    2010/07/01

  • Doc Name

    Implicit pension debt: issues, measurement and scope in international perspective

  • Keywords

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Citation

Holzmann,Robert Palacios,Robert J. Zviniene,Asta

Implicit pension debt: issues, measurement and scope in international perspective (English). Social Protection discussion paper series ; no. 403 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/947731468762352221/Implicit-pension-debt-issues-measurement-and-scope-in-international-perspective