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Theory and practice in the design of pension systems: The case of Israel

Avia Spivak (Ben‐Gurion University and Bank of Israel Research Department, Israel)

International Journal of Social Economics

ISSN: 0306-8293

Article publication date: 1 August 1995

1416

Abstract

Examines the options for a pension system in Israel in comparison with other pension systems in developed countries. A basic actuarial model is calculated for the evaluation of the feasible funded pensions. For reasonably conservative rates of return and contribution rates a funded system can be maintained. Employs the conceptual framework to analyse proposals for the reform of the pension system. Suggests that a funded pension is preferable.

Keywords

Citation

Spivak, A. (1995), "Theory and practice in the design of pension systems: The case of Israel", International Journal of Social Economics, Vol. 22 No. 8, pp. 34-54. https://doi.org/10.1108/03068299510099180

Publisher

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MCB UP Ltd

Copyright © 1995, MCB UP Limited

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