Defined contribution (DC) schemes whether unfunded or funded are often considered superior to defined benefit (DB) schemes in their ability to address labor market issues, particularly in encouraging formal employment and delayed retirement. Conceptually, the assessment is based on superior incentives to work and save. Yet economic and social realities are more complex. This paper explores design and labor market conditions that potentially constrain...
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详细
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2019/04/01
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工作文件（编号系列）
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136565
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1
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1
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2019/05/03
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Disclosed
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NDC Schemes and the Labor Market : Issues and Options
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Labor Market