pension reforms
Pension reforms refer to changes made to the existing pension system aimed at improving its sustainability, effectiveness, and fairness. These reforms often involve adjustments to retirement age, benefit calculations, contribution rates, or retirement eligibility criteria to ensure the long-term viability of pension programs amidst changing demographic and economic conditions.
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Related Concepts (24)
- annuity market reforms
- austerity measures
- automatic enrollment in pension schemes
- changes in pension eligibility criteria
- defined benefit to defined contribution conversion
- government spending cuts
- longevity risk management
- occupational pension schemes
- partial retirement options
- pension benefit calculation methods
- pension contribution rates
- pension fund management
- pension funding
- pension funding mechanisms
- pension portability
- pension sustainability
- pension system governance
- pension systems
- pensions and gender equality
- privatization of pensions
- public sector pension reforms
- retirement age increase
- retirement income adequacy
- social security reform