The chapter analyses the evolution and the current structure of the Italian pension system. As a three pillars system the public pension system does not represent the only resource for retirement planning, but the private pension funds and the individual retirement accounts complete the structure of the pension system. The analysis shows how the generosity of the system in the past, the aging in population, and the low fertility rate represent the main challenges for the long-term sustainability of the system.
Nicolini, G. (2022). The Italian Pension System. In N.G. Lee H. (a cura di), International Comparison of Pension Systems – An Investigation from Consumers’ Viewpoint (pp. 89-156). Singapore : Springer [10.1007/978-981-19-6446-6].
The Italian Pension System
Nicolini G.
2022-06-01
Abstract
The chapter analyses the evolution and the current structure of the Italian pension system. As a three pillars system the public pension system does not represent the only resource for retirement planning, but the private pension funds and the individual retirement accounts complete the structure of the pension system. The analysis shows how the generosity of the system in the past, the aging in population, and the low fertility rate represent the main challenges for the long-term sustainability of the system.| File | Dimensione | Formato | |
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