Should Public Pensions be Funded?

Should Public Pensions be Funded?
This paper outlines some of the arguments for and against the funding of public pensions, with a view to establishing whether there is an economic basis for judging funding to be superior to pay-as-you-go (PAYG). It is argued that funding does not have a clear advantage, and the case for a shift from PAYG to funding is thus an uneasy one. There... READ MORE...

Publication date: March 1998
ISBN 9781451845327
$15.00

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