• 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>Global economic review >Fiscal and Welfare Effects of Balanced-budget Reforms of Korea's National Pension System
【24h】

Fiscal and Welfare Effects of Balanced-budget Reforms of Korea's National Pension System

机译：国民养老金预算平衡改革的财政和福利影响

获取原文
获取原文并翻译 | 示例
           
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

This paper evaluates the fiscal sustainability of the benchmark pension system in Korea, which will come into effect in 2028 following the 2007 pension reforms, and the welfare effects of pension reforms aimed at a balanced budget over the life cycle. To this end, we measure the lifetime pension deficit, i.e. the difference between total pension benefits and total pension contributions in an individual's lifetime. We find that the benchmark pension system is expected to run an average lifetime deficit of 22.36 million won (approximately $22,360), and the current pension fund is unlikely to finance the sum of future deficits. The optimal pension reform for the zero average lifetime deficit reduces social welfare by as much as a 2.06% fall in consumption and is characterised with the contribution rate of 20.3% and an average replacement rate of 66.4%. These values are much higher than the respective benchmark values, 9% and 40%, because the increase in pension benefits, combined with the increase in pension contributions, can reduce the income inequality due to the progressivity of pension benefits and the proportionality of pension contributions.
机译：本文评估了韩国基准养老金制度的财政可持续性，该制度将在2007年养老金改革之后的2028年生效，以及旨在在整个生命周期内实现预算平衡的养老金改革的福利效应。为此，我们测量了终身养恤金赤字，即个人一生中养恤金总额与养恤金缴款之间的差额。我们发现，基准养老金体系的平均终生赤字有望达到2236万韩元（约合22360美元），而当前的养老金基金不太可能为未来的赤字总额提供资金。平均终生赤字为零的最优养老金改革使社会福利减少了多达2.06％的消费下降，其特点是缴费率为20.3％，平均替代率为66.4％。这些值远高于各自的基准值（9％和40％），因为养老金福利的增加，加上养老金缴款的增加，可以减少由于养老金福利的累进性和养老金缴款的比例性而引起的收入不平等。 。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号