O.W.Steenbeek – Costs & Benefits of Collective Pension Systems

$9.97

O.W.Steenbeek - Costs & Benefits of Collective Pension Systems

$9.97

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O.W.Steenbeek – Costs & Benefits of Collective Pension Systems

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The Dutch pension system is often praised as one of the best in the world:

it is efficient, it provides certainty to participants and it preserves cohesion and solidarity among workers and pensioners. This book presents these benefits in detail, supported by quantitative evidence. It also discusses the aspects of the system that are less favourable, however, such as implicit value transfers from younger to older generations that limit mobility of labour. The analyses of both benefits and costs will help pension fund managers, boards of trustees, supervisors, and researchers to understand and to improve pension systems currently in place around the world.

Steenbeek and Van der Lecq have assembled a rich combination of academic and practitioner chapters on the functions and dysfunctions of a collective pension system. These analyses carefully identify both the risk-sharing and value-transfer elements of the system and offer a powerful methodology for evaluating each and providing a systematic and objective means to evaluate such systems. Whether novice student or seasoned professional of collective pension issues, this work is a “must have” on the subject.

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