The Evaluation of Pension Reforms in the ...
Document type :
Compte-rendu et recension critique d'ouvrage
Title :
The Evaluation of Pension Reforms in the Public Sector: A Case Study of the Paris Subway Drivers
Author(s) :
Journal title :
Journal of Institutional and Theoretical Economics
Pages :
245-277
Publisher :
Mohr Siebeck
Publication date :
2018-06
ISSN :
0932-4569
HAL domain(s) :
Sciences de l'Homme et Société/Economies et finances
English abstract : [en]
The actuarial cost of a worker, per year of service, is the expected discounted sum of net real wages and pension benefits earned by a worker over her life cycle, divided by the number of years of service. We show the ...
Show more >The actuarial cost of a worker, per year of service, is the expected discounted sum of net real wages and pension benefits earned by a worker over her life cycle, divided by the number of years of service. We show the possibility of reforms such that (i) the actuarial cost of a worker per year of service is reduced, (ii) the utility of workers does not decrease, and (iii) the pension fund deficits do not increase. We propose a quantitative analysis of the 2008 reform of the Paris Metro pensions as an illustration.Show less >
Show more >The actuarial cost of a worker, per year of service, is the expected discounted sum of net real wages and pension benefits earned by a worker over her life cycle, divided by the number of years of service. We show the possibility of reforms such that (i) the actuarial cost of a worker per year of service is reduced, (ii) the utility of workers does not decrease, and (iii) the pension fund deficits do not increase. We propose a quantitative analysis of the 2008 reform of the Paris Metro pensions as an illustration.Show less >
Language :
Anglais
Popular science :
Non
ANR Project :
Collections :
Source :
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