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The Swedish pension reform model : framework and issues (Английский)

This paper describes the recent Swedish reform, and available options on major issues within this reform framework. In June 1994, Sweden's Parliament passed legislation replacing the old defined benefit system, with a combination of pay-as-you-go notional defined contribution (NDC), and a DC privately managed financial account scheme, based on a total contribution rate of 18.5 percent on earnings. The financial account scheme will have a state monopoly...
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