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Searching for: country is "Pakistan"

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Ageing Asia must face its pension problems
Pensions in Asia/Pacific
7 Jan 2008 Viet Nam, Pakistan, Philippines, Japan, India, Indonesia, China, Australia Scheme Issues & Trends, Savings, Investment - General, Countries - excl. European Union and US
An OECD/World Bank report which analyses the retirement income systems of 18 Asian countries, says that to prepare for the rapid population ageing forecast over the next two decades, it is vital to act now to avoid future problems and repeating many of the mistakes made in Europe and North America. The report says that reform is needed because coverage of formal pension systems is relatively low, withdrawal of savings before retirement is very common, pension savings are often taken as lump sums and often do not provide people with adequate income over their lifetime and pensions payments are not automatically adjusted to reflect changes in the cost of living.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jan 2008 or click here (this link will not work in all circumstances). For further information about Perspective click here.

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