Misunderstanding pension privatization - the case against do-it-yourself pension kits

Article Abstract:

The clamor for the privatization of pensions in Europe and Latin America is mined with difficulties and uncertainty. For one, political support is not forthcoming because of the generally cautious character of regimes. The privatization call represents a radical turnaround from a public policy of state pension provisions that have been in place for 50 years. So far, the only successful case for pension privatization is Chile. A unique set of circumstances surrounded Chile's privatization and thus, the country's experiences cannot be easily duplicated in others.

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What is the true cost of a defined benefit pension plan?

Article Abstract:

An overview of defined pensions providers in the United States is presented, with focus on the costs of the pension plans. Performances of the assets and ways in which pension costs can become pension incomes are discussed. The risk of overstated balance sheets is highlighted.

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Second-pillar pensions in Belgium

Article Abstract:

Issues concerning Belgium are discussed with reference to the system of second-pillar pensions. The existing system is described and proposed changes put forward by the government to promote industry-wide pension programs are examined.

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