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Pension Reforms in Mauritius:Fair and Fast-Balancing Social Protection and Fiscal Sustainability

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by Mauricio Soto & Vimal Thakoor
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Pension Reforms in Mauritius:Fair and Fast-Balancing Social Protection and Fiscal Sustainability by Mauricio Soto & Vimal Thakoor

Despite important past reforms, the ageing population of Mauritius threatens the sustainability of its pension system. This paper examines how pension spending might increase without reforms and discusses reforms options. The findings suggest that unifying the retirement age and indexing it to life expectancy would contribute most significantly to secure and sustainable pensions. The poverty reducing objective of the universal pension can be improved by better targeting. The old age protection objective of the National Pension Fund could be strengthened by increasing contribution and replacement rates. Implementing changes faster should result in less drastic future changes and fairer outcomes.

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Ebook Details
Pages: 24
Size: 1.2 MB
Publisher: INTERNATIONAL MONETARY FUND
Date published:   2015
ISBN: 9781513539102 (DRM-EPUB)

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This product is listed in the following categories:

Nonfiction > Political Science
Nonfiction > Political Science > Public Policy > Social Security

These authors have products in the following categories:

Nonfiction > Business & Economics
Nonfiction > Business & Economics > Development > Economic Development
Nonfiction > Social Science > Demography
Nonfiction > Political Science
Nonfiction > Political Science > Public Policy > Social Security

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01/22/2017
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