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Pension system design and intergenerational redistribution : applying the Musgrave’s rule in a comparative setting

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Table 1. Effect of changes in productivity and population in different pension system designs   Statutory  Occupational   Contribution   rate (A)  Benefit per  re-tiree  (B)  Net  wage per  worker  (C)  Ratio B/C  Contribution rate (A)  Benefit per re-tire
Figure 1. Share of occupational and statutory pensions in 2014(% of total contribution income)
Figure 2. Public pension contribution rates 1988-2016, %.
Figure 3. Development of old-age pension expenditure 1990-2014, % of GDP.  Source: Eurostat 2017
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