Due to pension cuts and uncertain demographic prospects in industrialized countries, it has become of increasing public interest in these countries to reconsider the future sustainability of mandatory public pension schemes. And, although it is sometimes cited as a paradigm in this debate because it combines the amenities of a comprehensive pay-as-you-go financed scheme with those of a funded occupational scheme in a seemingly efficient manner,1 the Swiss retirement provision system is not insulated from international phenomena such as globalization, demographic change, migration and issues of public finance, which have given rise to the above mentioned concerns in many countries.
KeywordsPublic Interest Provision System Efficient Manner Demographic Change Financial Economic
Unable to display preview. Download preview PDF.
- 1.See e.g. Krupp/ Von Rosen (2007).Google Scholar