Titlebook: Economic Challenges of Pension Systems; A Sustainability and Marta Peris-Ortiz,José álvarez-García,Pierre Devol Book 2020 Springer Nature S

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Critical Issues of Public Pension System: The Italian Case,ffecting those schemes have been analysed. A possible solution to reduce demographic risk impact is presented, that is the introduction of a funded component to balance the PAYG part when the ratio of contributors-pensioners is decreasing. A cost-benefit analysis is presented in order to verify how

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https://doi.org/10.1007/978-3-319-66757-7ction in fertility rates and the increase in longevity have a direct impact on the sustainability of public pensions, especially in defined-benefit schemes. The study of longer life expectancy requires an analysis of its effects on specific issues such as pension adequacy (both contributory and non-

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