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The Danish Pension System - Design, Performance, and Challenges (Hardcover)
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The Danish Pension System - Design, Performance, and Challenges (Hardcover)
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The need for pension reform is widely discussed against the
backdrop of falling fertility rates and rising longevity. These
developments challenge pension systems which in many countries
already encounter problems with pension adequacy and financial
sustainability. In the debate, reference is often made to Denmark
as a model for pension system reform. This book offers the first
coherent and in-depth description and analysis of the Danish
pension system and its structure and performance. As is well-known
to scholars and experts, there is a huge leap from considering
general characterisations of pension systems in terms of various
performance indicators to understand the structure of particular
pension systems. This book aims to introduce these aspects to an
international readership, explaining the structure and design of
the pension system and its performance, benefit structure,
regulation, critical reforms, and macroeconomic implications, as
well as investment policies in pension funds in general.
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