social security; defi ned benefit; defined contribution
Abstract :
[en] This paper explores the shift from defi ned benefi t to defi ned contribution pension plans
when the payout rate from social security is set optimally. This paper shows that when employees are receiving more of their private pensions from defi ned contribution plans one should be raising the payout rate from traditional social security rather than trying to privatise part of it.
Research Center/Unit :
CREPP - Centre de Recherche en Économie Publique et de la Population - ULiège
Disciplines :
Economic systems & public economics
Author, co-author :
Possen, Uri M.; Cornell University
Pestieau, Pierre ; Université de Liège - ULiège > HEC-Ecole de gestion > HEC-Ecole de gestion
Language :
English
Title :
Interaction of Defined Benefit Pension Plans and Social Security
