Which factors affect the sustainability of pension schemes?

Author:

Outlioua Said1,Fazouane Abdesselam1

Affiliation:

1. National Institute of Statistics and Applied Economics Rabat Morocco

Abstract

AbstractThis article seeks to determine the most influential factors on the sustainability of a pension system. To this end, an empirical analysis was conducted on a sample of 13 countries, with different characteristics, according to three criteria: the size of the pension system's assets, the old‐age dependency ratio and the success of the system according to the Mercer CFA Institute Global Pension Index. The results of this preliminary study show that countries with successful pension systems share a high rate of formal employment, good political stability, high life expectancy at birth, and a good rate of coverage by the pension system.

Publisher

Wiley

Subject

Aerospace Engineering,Development,Geography, Planning and Development

Reference34 articles.

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2. Balassone F.&Franco D.(2000).Assessing Fiscal Sustainability: A Review of Methods with a View to EMU.https://ssrn.com/abstract=2109377(accessed 19 January 2023).

3. Blanchet D.(1998).Le débat répartition‐capitalisation: Un état des lieux.Retraites et épargne Rapport du conseil d'analyse économique pp.93–106.https://www.cor‐retraites.fr/sites/default/files/2019‐06/doc‐195.pdf(accessed 19 January 2023).

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