A Comparative Study on Pension System Macro Strategies in Iran and Selected Countries
Reza Nagafbagy
1
(
Professor, faculty of Management and Economics, Islamic Azad University, Science and Research Branch, Tehran, Iran
)
shahram karimnejad
2
(
PHD Student, Department of Public Management, Science and Research Branch, Islamic Azad University, Tehran, Iran
)
karamollah daneshfard
3
(
Professor, Department of Public Administration, Science and Research Branch, Islamic Azad University, Tehran, Iran
)
akbar alamtabriz
4
(
Department of Industrial Management, Shahid Beheshti University, Tehran, Iran
)
Keywords: Demographic changes, ageing, Retirement System,
Abstract :
Population aging is going to be the one of the most urgent challenges for IRAN pension system. Policy makers in pension funds are facing a changing demographic structure of the society and have to find a way to adapt their future capacity to it. Therefore, this study will center on the policy responses that have been made so far, comparing the five countries. The main research question “How have pension systems in developed and developing countries responded to the aging of their societies?” will be divided into two sub–questions, “To what extent have the five representative countries been affected by Global Aging in recent years?", "What pension reforms have been made in the representative countries?” The research design is a comparative case study and focuses on information found in policy papers and scientific articles on representative countries. The aim of this study is to provide an understanding of the different kinds of responses that were shown so far and furthermore give an outlook on possible future approaches. This study suggests that policy makers in IRAN consider the parametric reform that mitigate financial pressure and consolidation of multiple funds.
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