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Mongolia - Pension Policy Reform Options (英语)

This report is the latest in a series of World Bank reports on pensions in Mongolia and was prepared in late 2019 at the request of the Ministry of Labor and Social Protection. This report discusses the key reasons why replacing the existing pay-as-you-go defined benefit scheme with a funded defined contribution (FDC) scheme will result in additional fiscal costs, shoulder workers and retirees with unmanageable risks, and require systems, institutions...
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