An Appraisal of Public Pension Reserve Funds Management - Evidence From Portugal
JOURNAL
YEAR
Sep 21, 2014
TYPE
Articles in journals
AUTHORS
Garcia, M.
VOL Nº
5
PAGES
8
ABSTRACT
The creation of a public pension reserve fund is one of the reform measures that many countries implemented in order to guarantee the long term viability of existing government-operated pension systems. However, this measure raises the issue of the need to ensure sound management of those pension funds. This article focuses on the experience of the Portuguese public pension reserve fund and on the role it should accomplish in helping to finance the rising cost of public pensions.
JEL CLASS
KEYWORDS
Social security system ,Public pension reserve fund ,Reforms ,Management