Theory and practice in the design of pension systems: The case of Israel

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Abstract

Examines the options for a pension system in Israel in comparison with other pension systems in developed countries. A basic actuarial model is calculated for the evaluation of the feasible funded pensions. For reasonably conservative rates of return and contribution rates a funded system can be maintained. Employs the conceptual framework to analyse proposals for the reform of the pension system. Suggests that a funded pension is preferable.
Original languageEnglish
Pages (from-to)34-54
Number of pages21
JournalInternational Journal of Social Economics
Volume22
Issue number8
DOIs
StatePublished - 8 Jan 1995
Externally publishedYes

ASJC Scopus subject areas

  • Economics and Econometrics
  • General Social Sciences

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