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Distributive concerns when replacing a pay-as -you-go system with fully funded system.

By: Material type: TextSeries: Policy research working paper 1366Publication details: Washington : World Bank, 1994.Subject(s): Summary: The paper quantifies the impact on income distribution of having a neutral social security program that is fully funded replacing a progressive social security program that redistributes income to the poor but is funded by a pay-as-you-go method.
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The paper quantifies the impact on income distribution of having a neutral social security program that is fully funded replacing a progressive social security program that redistributes income to the poor but is funded by a pay-as-you-go method.

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