Author(s)
World BankKeywords
DEMOGRAPHICGENDERS
LIFE EXPECTANCIES
PENSION FUND MEMBERSHIP
SAVINGS
PENSION SYSTEM PARAMETER
LABOR MARKETS
WORKERS
AVERAGE WAGE
BENEFICIARY
SOCIAL INSURANCE
INCOME REDISTRIBUTION
PENSIONABLE AGE
PENSION AGE
MORTALITY
FEMALES
PENSION BENEFIT
BENEFICIARIES
PENSION EXPENDITURES
NOTIONAL ACCOUNTS
DISCOUNT RATES
PENSION BENEFITS
PREVIOUS DISCUSSION
REPLACEMENT RATE
INCOMES
SOCIAL PROTECTION
GOVERNMENT INVOLVEMENT
OCCUPATION
NOTIONAL ACCOUNT
TRANSFER PAYMENTS
AVERAGE BENEFIT
RETIREMENT AGE
RETIREMENT
PENSION FUND
EU
RETIREMENT BENEFITS
LABOR FORCE
WORKER
WILL
SOCIAL SECURITY
PENSION SYSTEM
UNEMPLOYED
RETIREE
RETIREES
HIGH WAGE
EMPLOYMENT OPPORTUNITIES
OLDER WORKERS
RETIREMENT-INCOME
PURCHASING POWER
PENSION LAW
EMPLOYMENT
LIVING STANDARDS
EARLY RETIREMENT PROGRAMS
OCCUPATIONS
INEQUALITY
PENSION RIGHTS
INDIVIDUAL ACCOUNTS
EARLY RETIREMENT
LABOR MARKET
PENSION
EARNING
BENEFIT INDEXATION
BENEFIT LEVELS
VOLATILITY
LABOR FORCE PARTICIPATION
INCOME TAX
MINIMUM WAGE
NOTIONAL ACCOUNT SYSTEM
SAVINGS ACCOUNT
INCOME STREAM
PENSION PLAN
FERTILITY
MACROECONOMIC VOLATILITY
DRIVERS
SURVIVOR PENSIONS
RETIREMENT OPTION
NOMINAL WAGE
EXPENDITURE
COMPENSATION
CONTRIBUTION RATE
BASIC PENSION
EARLY RETIREMENT PROGRAM
PENSION POLICY
GROWTH RATE
REPLACEMENT RATES
SOCIAL TRANSFER
JOBS
PENSION CONTRIBUTION
WORKING PENSIONERS
ANNUITY
PENSION INCOME
RETIREMENT ACCOUNTS
WAGE GROWTH
REAL WAGE
PENSION SYSTEMS
BENEFIT FORMULA
INSTITUTIONAL ENVIRONMENTS
PREFERENTIAL TREATMENT
FEMALE
PENSIONS
SERVANTS
INTEREST RATES
MACROECONOMIC ENVIRONMENT
PENSIONER
DEPENDENCY RATIO
FISCAL DEFICITS
INFLATION
FINANCES
EMPLOYEE
SAVINGS ACCOUNTS
WAGE BILL
PRICE INDEXATION
FINANCIAL CRISIS
PENSION SCHEME
INTEREST RATE
WOMAN
SUBSIDIZED WORKER
RETIREMENT AGES
CONTRIBUTION RATES
PENSION REFORM
RETIREMENT INCOME
RETIREMENT PERIODS
FERTILITY RATE
SOCIAL INSURANCE CONTRIBUTIONS
FERTILITY RATES
DISABILITY
FUTURE INCOME
FUNDED PENSION
EMPLOYMENT LAW
ELDERLY
PENSIONERS
LIFE EXPECTANCY
Full record
Show full item recordOnline Access
http://hdl.handle.net/10986/12564Abstract
This note attempts to describe the
 pension system in Belarus including its fiscal performance,
 redistributive aspects benefit levels and benefit
 eligibility conditions. The note also discusses the
 challenging demographic environment which Belarus pension
 system is expected to face in the future and explores
 alternative paths that the system could take in this
 environment. Some reform scenarios are explored including
 the increase in retirement ages, changes in benefit
 indexation rules and the introduction of notional defined
 contribution accounts.Date
2013-02-27Type
Economic & Sector WorkIdentifier
oai:openknowledge.worldbank.org:10986/12564http://hdl.handle.net/10986/12564
Copyright/License
CC BY 3.0 IGOCollections
Related items
Showing items related by title, author, creator and subject.
-
Matching Contributions for Pensions : A Review of International ExperienceHinz, Richard; Tuesta, David; Holzmann, Robert; Takayama, Noriyuki; Hinz, Richard; Holzmann, Robert; Tuesta, David; Takayama, Noriyuki (Washington, DC: World Bank, 2013)Establishing robust, equitable, and
 effective social protection is essential to reducing poverty
 and boosting prosperity at all levels of development. The
 demographic transition that has already transformed most
 high-income societies will exert similar and growing
 pressures on others, reinforcing the role of pensions and
 savings for old age as a central pillar of social protection
 systems. One possible solution that has emerged in recent
 years that offers the potential to overcome this challenge
 is the provision of contribution matches to provide an
 immediate and powerful incentive for participation in
 pension saving systems. Originating in several high-income
 settings there are now a number of innovations and
 substantial experience in low-income countries in using this
 design to stimulate coverage and savings. This experience
 now provides a rich opportunity for learning, not just from
 the longer experience of a few high-income countries but
 also the more meaningful South-South learning across
 developing countries.This volume, which reviews
 the experience with matching pension contributions across
 the range of countries that have used the design, makes an
 initial, but critically important investment in this
 learning process. The description and analysis of this
 experience which is the product of partnership and
 collaboration across many public and private institutions
 provide an invaluable early assessment of the design to
 inform policy makers and practitioners as well as serve as a
 model for the kind of cooperation that will be required to
 address this difficult challenge. At the World Bank, we look
 forward to being part of this learning process of how to
 best provide old-age security for all.
-
Mongolia Policy Options for Pension ReformWorld Bank (Washington, DC, 2011-01-20)This report was prepared in response to
 a request by the Mongolian authorities for an evaluation of
 the Mongolian pension system and policy reform options. The
 report identifies a number of design weaknesses in the
 current pension insurance scheme and needs for reform in
 response to changes in the Mongolian economy. The summary of
 this report provides a brief synopsis for key policymakers
 of the rationale for reform and policy options considered.
 The main text responds to requests by the Mongolian
 authorities for the Bank's assessment. It considers the
 design architecture and parameters of the pension insurance
 scheme, the design of non- contributory elderly social
 assistance, pension provisions for herders and the rationale
 and design options for a pension reserve fund. The
 appendices provide more detailed analysis for technical
 staff including current pension insurance parameters; needs
 and policy options for herders and other informal sector
 workers; options for establishing a pension reserve fund;
 and elaboration of the actuarial modeling methodology
 employed, key assumptions and parameters, and detailed
 findings. Mongolia's economy, labor market and fiscal
 position are undergoing rapid changes as a result of growth
 in the mining sector. These changes present both challenges
 and opportunities for reform in pension provisions.
-
Poland - Public Expenditure Review : Background PapersWorld Bank (World Bank, 2012-03-19)This report looks at public spending on
 pensions, education, health, social assistance, labor market
 programs, and public wages. Presenting the findings of a
 series of studies and notes compiled sice April 2009, it
 highlights how reforming such spending, which comprises
 about one quarter of gross domestic product (GDP), is
 essential for mitigating the impact of the economic crisis
 and for transforming Poland from a welfare state to a
 workfare society in line with Government's Vision 2030.
 The report has two main messages. First, Poland can take
 measures to reduce public expenditures on social sectors and
 public wages by around 2.3 percentage points over the next
 three years. Second, beyond supporting the fiscal adjustment
 required in the context of the economic crisis, public
 expenditure reforms can also help bring about structural
 changes envisioned as part of the Government's strategy
 for 2030. This report provides a comprehensive assessment of
 Poland's social sector and public wage polices and lays
 out options for reform. The summary report has five parts.
 The first part lays out the macroeconomic context. It
 emphasizes that Poland has weathered the global economic
 crisis remarkably well but that the recovery is likely to be
 feeble and subject to uncertainty. The next part discusses
 the fiscal fallout of the crisis and argues that public
 expenditure reform should be a crucial pillar for fiscal
 consolidation. Sections three to five contain the main
 findings of the report. Section three presents a list of
 important reforms of public expenditures on social sectors
 and wages in support of Vision 2030. Section four simulates
 the fiscal impact of public expenditure reforms, with a
 particular focus on state budget expenditures. The final
 section discusses how institutional reforms in the areas of
 medium-term and performance-based budget can support the
 reform agenda. Volume two presents the detailed analyses of
 social sectors and institutional reforms of public finance.