In typical pension systems, individuals are asked to make contributions and based on the number of contributions made and the level of those contributions, a pension is awarded. Contributions from workers generally finance these pensions. Since higher income individuals tend to make more frequent contributions due to a more stable work history and higher contributions based on their higher wages, pension expenditures are naturally skewed toward those...
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INFORMATION
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2006/09/01
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Document de travail (série numérotée)
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37431
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1
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1
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2006/09/25
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Disclosed
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Pension system reforms
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pension system
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