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September 29, 2005

Private pension systems

When you consider that trillions of dollars are now managed by the private pensions industry, it’s extremely important to know how well they have performed in providing high rates of return, secure and reliable benefits and constraining costs.  These continue to be among the most hotly debated pension policy questions in virtually all countries worldwide.

…the words of  Robert Holzmann, World Bank Director of Social Protection. On Monday the World Bank, OECD and ING announced a new joint research partnership that will study how privatized pension systems have performed in developing and transition economies during the past twenty years. They are looking for more potential partners.

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