03885oam 22010214 450 991016294360332120230808201435.01-4755-6913-0(CKB)3710000001045038(MiAaPQ)EBC4800266(IMF)WPIEA2016242(EXLCZ)99371000000104503820020129d2016 uf 0engurcnu||||||||rdacontentrdamediardacarrierAutomatic Adjustment Mechanisms in Asian Pension Systems? /Elif Arbatli Saxegaard, Csaba Feher, Jack Ree, Ikuo Saito, Mauricio SotoWashington, D.C. :International Monetary Fund,2016.1 online resource (30 pages) illustrations (some color), graphs, tablesIMF Working Papers1-4755-6033-8 Includes bibliographical references.Automatic adjustment mechanisms (AAMs)—rules ensuring that certain characteristics of a pension system respond to demographic, macroeconomic and financial developments, in a predetermined fashion and without the need for additional intervention—have been introduced in many OECD countries to tackle public pension schemes’ deteriorating financial sustainability. Incorporating AAMs—in particular linking retirement age to life expectancy—can be an important part of pension reforms in Asia. If implemented early, AAMs could help prevent the need for sharp adjustments in the future, increase the predictability and inter-generational equity of pension systems and enhance confidence.IMF Working Papers; Working Paper ;No. 2016/242PensionsAsiaCongressesPensionsLaborimfPublic FinanceimfDemographyimfSocial Security and Public PensionsimfNonwage Labor Costs and BenefitsimfPrivate PensionsimfEconomics of the ElderlyimfEconomics of the HandicappedimfNon-labor Market DiscriminationimfRetirementimfRetirement PoliciesimfHealth: GeneralimfPensionsimfPopulation & demographyimfLabourimfincome economicsimfHealth economicsimfPension spendingimfAgingimfHealthimfExpenditureimfPopulation and demographicsimfPopulation agingimfJapanimfPensionsPensions.LaborPublic FinanceDemographySocial Security and Public PensionsNonwage Labor Costs and BenefitsPrivate PensionsEconomics of the ElderlyEconomics of the HandicappedNon-labor Market DiscriminationRetirementRetirement PoliciesHealth: GeneralPensionsPopulation & demographyLabourincome economicsHealth economicsPension spendingAgingHealthExpenditurePopulation and demographicsPopulation aging331.252095Arbatli Saxegaard Elif1449653Feher Csaba1449654Ree Jack1449655Saito Ikuo1377058Soto Mauricio1082925DcWaIMFBOOK9910162943603321Automatic Adjustment Mechanisms in Asian Pension Systems3648210UNINA