Article Abstract:
Substantial changes in the retirement-benefits structure in Argentina have accompanied the drastic developments that have occurred recently in the national economy. In 1994, a new social security system took effect, which now includes two systems, namely the individual capitalization system and the pay-as-you-go system, and the increase of retirement ages, pegged at 63 years for men and 58 years for women as of 1997. At present, there are three generations of pension plans in Argentina: plans prior to economic and exchange-rate stability or those up to 1991, plans developed following monetary stability or those from 1991 to 1994 and plans developed after the retirement plan reform.
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Article Abstract:
Pre-1984 pension funds in Switzerland were governed by the Code of Obligations and the Swiss Civil Code. Since Jan. 1, 1995, however, two new laws on occupational pension plans have taken effect. Approved by the Swiss Parliament in 1982, the Federal Law on Occupational Old Age, Survivors' and Disability Benefit Plans mandates that all employers should provide a retirement, survivors' and disability benefit for qualified employees based on a defined contribution plan. The new laws have resulted in a trend toward defined contribution plans and toward less solidarity in pension plans.
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Article Abstract:
The Irish government is considering three proposals that aim to improve the extent and quality of the country's pension coverage. The proposals include raising the State pension, enhancing occupational pensions and offering an investment account for Irish individuals. With regards to investment account, a system called Personal Retirement Savings Account (PRSA) is being considered specifically to enhance the pension coverage of atypical workers, individuals with fragmented periods of service and the unemployed.
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