文章基本信息

标题：Troubling long term trends in the South African retirement fund system
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作者：B Standish ; A Boting
期刊名称：Investment Analysts Journal
印刷版ISSN：1029-3523
电子版ISSN：2077-0227
出版年度：2006
期号：63
出版社：Investment Analysts Society of Southern Africa
摘要：Internationally there is considerable anxiety about the challenges facing retirement systems. In the developed world declining fertility rates and increased longevity combined with people retiring at a younger age are largely responsible for these trends as the ratio of retirementers relative to the economically active population increases (Viard, 2002; Cardoso & van Praag, 2003; Grandolini & Cerda, 1998). The consequence has been growing problems with the viability of social security systems in many developed countries (Gruber and Wise 1999). Table 1 illustrates how the dependency ratio is set to increase for a selected number of countries (Edey & Simon, 1996:8). In Australia, for example, dependency ratios increased from 13,9 in 1960 to 16,7 by 2000 and are projected to increase to 33,0 by 2030. Italy and Canada start at similar levels in 1960 and are projected to increase to 48,3 and 39,1 respectively. Germany is expected to have one of the highest dependency ratios in the developed world by 2030 at a projected 49,2.