Proposals for reform of the state pension in Belgium (notice n° 547271)
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fixed length control field | 01685cam a2200205 4500500 |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20250121114643.0 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | fre |
042 ## - AUTHENTICATION CODE | |
Authentication code | dc |
100 10 - MAIN ENTRY--PERSONAL NAME | |
Personal name | Devolder, Pierre |
Relator term | author |
245 00 - TITLE STATEMENT | |
Title | Proposals for reform of the state pension in Belgium |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2021.<br/> |
500 ## - GENERAL NOTE | |
General note | 72 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | Belgium’s social security pension system is currently a pay-as-you-go, defined benefit scheme. As in many other countries, the financial sustainability of this architecture is under threat, and the system has many inequities and inconsistencies. A commission was mandated in 2013 to propose structural reforms. The points-based pension developed in the commission’s 2014 report constituted a coherent project for improving the financial sustainability, equity, flexibility and transparency of the country’s statutory pension schemes. The concept of points has, however, raised many fears and failed to convince. The objective of this article is to contextualize and synthesize the proposal for a points-based pension. Given the rejection of the very concept of pension points, we propose an alternative to a points-based pension, i.e. the individual pension account, which aims to meet the reform’s main objectives while avoiding the use of the points concept per se. A comparison will also be made with the notional account mechanism. |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | pension scheme |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | financial sustainability |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | dynamic programming |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | automatic balance mechanisms |
786 0# - DATA SOURCE ENTRY | |
Note | Revue de l'OFCE | o 170 | 6 | 2021-03-25 | p. 85-103 | 1265-9576 |
856 41 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-de-l-ofce-2020-6-page-85?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-de-l-ofce-2020-6-page-85?lang=en&redirect-ssocas=7080</a> |
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