The Future of Multi-Pillar Pensions

Lans Bovenberg is Professor of Economics at Tilburg University. He founded the research network Netspar (Network for Studies on Pensions, Ageing and Retirement). Casper van Ewijk is Professor of Economics at the University of Amsterdam and Deputy Director of CPB Netherlands Bureau of Economic Policy Analysis. Ed Westerhout is project leader of the Netspar theme 'Multi-pillar Pension Schemes and Macroeconomic Performance' at CPB Netherlands Bureau of Economic Policy Analysis.

List of figures; List of tables; List of boxes; List of contributors; 1. Introduction Ed Westerhout; 2. Population ageing and financial and social sustainability challenges of pension systems in Europe: a cross-national perspective Asghar Zaidi; 3. The World Bank's pension policy framework and the Dutch pension system: a paradigm for the multi-pillar design? Richard Hinz; 4. Credit crisis and pensions: international scope Nicholas Barr; 5. Designing the pension system: conceptual framework Lans Bovenberg and Casper van Ewijk; 6. Private versus public risk sharing: should governments provide reinsurance? Henning Bohn; 7. The redistribution of macroeconomic risks by Dutch institutions Leon Bettendorf and Thijs Knaap; 8. The consequences of indexed debt for welfare and funding ratios in the Dutch pension system Roel Beetsma and Alessandro Bucciol; 9. Rational pensions for irrational people: behavioral science lessons for the Netherlands Zvi Bodie and Henriëtte Prast; 10. Opportunities for improving pension wealth decumulation in the Netherlands Jeffrey Brown and Theo Nijman; 11. The future of multi-pillar pension systems Lans Bovenberg and Casper van Ewijk; Index.