From Generosity to Sustainability : the Austrian Pension System and Options for its Reform /

Austria has probably the world's highest pension expenditures relative to its economic size, largely because of the generosity of its pension system. This paper examines the institutional setup of the Austrian pension system and projects its future development based on current policies. The pro...

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Bibliographic Details
Main Author:	Thimann, Christian
Corporate Author:	International Monetary Fund
Other Authors:	Koch, Manfred
Format:	Book
Language:	English
Published:	Washington, D.C. : International Monetary Fund, 1997 Washington, D.C. : 1997
Series:	IMF Working Papers ; Working Paper No. 97/10 IMF Working Papers ; Working Paper no. 97/10 IMF Working Papers; Working Paper ; No. 1997/010 IMF eLibrary
Subjects:	Aging population Aging populations Average pension Average retirement age Benefits Civil service pensions Compensation Contribution payments Contribution period Contribution periods Contribution rate Contribution rates Dependency ratio Dependency ratios Disability pension Disability pensions Early retirement pensions Early retirement Employees pension Gross wage Gross wages Labor force Level of pension expenditure Level of pension expenditures Life expectancy Lower pension Male pensioners Net wage Net wages Old-age pension Old-age pensioner Old-age pensions Optimal pension Payroll Pension age Pension benefit Pension benefits Pension entitlements Pension expenditure Pension expenditures Pension fund Pension insurance Pension liabilities Pension payments Pension reform Pension reforms Pension rights Pension saving Pension scheme Pension schemes Pension system Pension systems Pension Pensioner Pensioners Pensions Pillar pension Private saving Public pension schemes Public pension Replacement rate Replacement rates Retirement age Retirement ages Retirement pensions Retirement Service pensions Survivor pensions Tax rate Value of pensions Wage adjustment Wage earners Wage growth Wage level Wage levels Wage Wages Worker Working pensioners Aging Demography Economics of the Elderly Economics of the Handicapped Expenditure Labor Labour Non-labor Market Discrimination Nonwage Labor Costs and Benefits Pension spending Population & demography Population aging Population and demographics Private Pensions Public Finance Retirement Policies Social Security and Public Pensions Wages, Compensation, and Labor Costs: General income economics Austria

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From Generosity to Sustainability : the Austrian Pension System and Options for its Reform /

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