Series: IMF Working Papers
Author(s): Elif Arbatli , Csaba Feher , Jack Ree , Ikuo Saito , and Mauricio Soto
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 13 December 2016
Keywords: Pensions, Pension reforms, Japan, Korea, Republic of, China, People's Republic of, China, Asia and Pacific, Asia, Retirement, Pension System Reform
Automatic adjustment mechanisms (AAMs)-rules ensuring that certain characteristics of a pension system respond to demographic, macroeconomic and financial developments, in a predetermined fashion and without the ne...