Tag: public pension systems
The brief’s key findings are: The economic crisis has posed a ‘stress test’ for the automatic benefit adjustments in Sweden’s pension system. Slow wage growth and a collapse in equity values triggered a first-time benefit cut for 2010. Policymakers have revised the automatic adjustments, however, to moderate the decline. Thus, even automatic adjustments may b…
Introduction In some ways, the Japanese system is not unlike that of other industrialized countries. This is not surprising in so far as Japan, once it opened to the west in the nineteenth century, made a point of learning from the western countries. Moreover, although a full public pension system was not properly established unt…
