Trends in Swiss pensions

Article Abstract:

Trends in pension administration in Switzerland have been marked by changes associated with new legislative measures and present funding and plan design practices. The BVG/LPP, which was enacted in 1985, is the foundation of Swiss pension legislation. Although it was mandated to be revised in 1995, the government did not the modify the provisions because social security reforms were prioritized. The country's social security system is covered by the AHV/AVS for retirement and survivor compensations, and the IV/AI for long-term disabilities.

Pension Fund Management, Economic aspects, Switzerland, Financial management, Legislation, Legislative process

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Italian pensions - the way ahead...

Article Abstract:

Italy is on the brink of anchoring a regulatory pattern for its private pension schemes with the enactment of Law 124. This act, disclosed in December 1996, is intended to endorse the introduction of private pensions and serves as a standard by which employers would develop their own pension programs. In terms of reforming Italy's social security system, benefits remain ineffectual due to economic problems and the negative impact of benefit cutbacks as a result of the country's participation in the European Monetary Union.

Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs), Social Security, Italy, Social policy

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