TY - UNPB
T1 - Participation and Choice in Funded Pension Plans
T2 - Guidance for the Netherlands from Worldwide Diversity
AU - Garcia Huitron, Manuel
AU - Ponds, Eduard
PY - 2016
Y1 - 2016
N2 - This paper provides an in-depth comparison of funded pension savings plans around the world. The large variety in plan designs is a reflection of historical, cultural, and institutional diversity. We postulate a new classification consisting of four role models of funded pension plans, primarily based on choice architecture and type of regulation. We illustrate the features of each role model with twelve representative pension plan case studies from eleven countries. Valuable lessons can be learned from international best practices without making any normative comparison. The role models provide guidance in the Dutch orientation on pension plan redesign regarding participation and choice, linked to Dutch culture and practice.
AB - This paper provides an in-depth comparison of funded pension savings plans around the world. The large variety in plan designs is a reflection of historical, cultural, and institutional diversity. We postulate a new classification consisting of four role models of funded pension plans, primarily based on choice architecture and type of regulation. We illustrate the features of each role model with twelve representative pension plan case studies from eleven countries. Valuable lessons can be learned from international best practices without making any normative comparison. The role models provide guidance in the Dutch orientation on pension plan redesign regarding participation and choice, linked to Dutch culture and practice.
M3 - Discussion paper
T3 - Netspar Industry Paper
BT - Participation and Choice in Funded Pension Plans
PB - NETSPAR
CY - Tilburg
ER -