The Italian Public Pension System: Current Prospects and Reform Options
- 1 January 1995
- journal article
- Published by International Monetary Fund (IMF) in IMF Working Papers
- Vol. 95 (33)
- https://doi.org/10.5089/9781451845150.001
Abstract
Public pension expenditure in Italy has been growing rapidly in the last three decades and is now among the highest in industrialized countries. Despite recent reforms, benefits remain generous by international standards and, unless additional measures are taken, the financial situation of the system will deteriorate in the long term. The paper reviews the current system, its history, and its prospects, and examines through simulations the long-run effects of alternative pension reform options.Keywords
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This publication has 2 references indexed in Scilit:
- Pension Liabilities in the Seven Major EconomiesPublished by Organisation for Economic Co-Operation and Development (OECD) ,1993
- Pension Policies in OECD Countries: Background, Trends and ImplicationsJournal of Public Policy, 1989