An Assessment Of Reform Options For The Public Service Pension Fund In Uganda

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dc.creatorBogomolova, Tatiana
dc.creatorImpavido, Gregorio
dc.creatorPallares-Miralles, Montserrat
dc.date2012-06-25T17:34:35Z
dc.date2012-06-25T17:34:35Z
dc.date2006-12
dc.date.accessioned2026-07-01T01:22:19Z
dc.descriptionThis paper analyzes the future liabilities that the Ugandan Public Service Pensions Fund might accumulate under the provisions of the Pensions Act (CAP 286) unless it is reformed. It then discusses alternative reform options that can be used in designing an educated homegrown reform of the fund. The paper supports a hybrid (two-pillar) reform option composed of a small defined benefit scheme and a complementary defined contribution scheme, instead of a pure defined contribution (monopillar) reform option discussed by policymakers in the country. The main reason for this is related to the fact that hybrid and pure defined contribution reforms will have the same impact on reducing pension expenditure (for the same grandfathering rules and surplus in the first pillar). In addition, everything else being equal, the hybrid reform is likely to produce higher average replacement rates due to the redistributive and pooling properties of the small defined benefit pillar.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2006/12/7423208/assessment-reform-options-public-service-pension-fund-uganda
dc.identifierhttps://hdl.handle.net/10986/8950
dc.identifierhttps://doi.org/10.1596/1813-9450-4091
dc.identifier.urihttp://hdl.handle.net/123456789/417487
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper; No. 4091
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectANNUITIES
dc.subjectANNUITY
dc.subjectASSET MANAGEMENT
dc.subjectAVERAGE WAGE
dc.subjectAVERAGE WAGE GROWTH
dc.subjectBENEFIT FORMULA
dc.subjectBENEFIT INDEXATION
dc.subjectBENEFIT PAYMENT
dc.subjectCONTRIBUTION RATE
dc.subjectCONTRIBUTION RATES
dc.subjectDEPENDENCY RATIO
dc.subjectDEPENDENCY RATIOS
dc.subjectDEVELOPMENT POLICIES
dc.subjectDISABILITY
dc.subjectDISCOUNT RATES
dc.subjectEARNING
dc.subjectEMPLOYEE
dc.subjectFULL-CAREER WORKER
dc.subjectFUTURE PAYMENTS
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGROSS WAGE
dc.subjectHEALTH CARE
dc.subjectIMPORTANT POLICY
dc.subjectINVESTMENT RISK
dc.subjectLABOUR
dc.subjectLABOUR FORCE
dc.subjectLEVEL OF DEVELOPMENT
dc.subjectLIFE EXPECTANCY
dc.subjectLIFETIME EARNINGS
dc.subjectLOCAL AUTHORITIES
dc.subjectLONGEVITY INSURANCE
dc.subjectMANAGERS
dc.subjectMORTALITY
dc.subjectNUMBER OF WOMEN
dc.subjectNUMBER OF WORKERS
dc.subjectOLD AGE
dc.subjectOLD-AGE
dc.subjectOLDER PERSONS
dc.subjectOLDER WORKERS
dc.subjectORPHANS
dc.subjectPAYROLL TAX
dc.subjectPAYROLL TAXES
dc.subjectPENSION
dc.subjectPENSION COVERAGE
dc.subjectPENSION FUND
dc.subjectPENSION FUND MANAGEMENT
dc.subjectPENSION LIABILITIES
dc.subjectPENSION REFORM
dc.subjectPENSION SYSTEM
dc.subjectPENSION WEALTH
dc.subjectPENSIONERS
dc.subjectPENSIONS
dc.subjectPOLICY RESEARCH
dc.subjectPOLICY RESEARCH WORKING PAPER
dc.subjectPOPULATION GROWTH
dc.subjectPOPULATION GROWTH RATES
dc.subjectPRESENT VALUE
dc.subjectPRICE INDEXATION
dc.subjectPRIVATE SECTOR
dc.subjectPROGRESS
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SERVICE
dc.subjectREFORM PROCESS
dc.subjectREFORMS
dc.subjectREPLACEMENT RATE
dc.subjectREPLACEMENT RATES
dc.subjectRETIREES
dc.subjectRETIREMENT
dc.subjectRETIREMENT BENEFITS
dc.subjectRETURN ON ASSETS
dc.subjectSECONDARY SCHOOL
dc.subjectSERVANTS
dc.subjectSOCIAL PROTECTION
dc.subjectSOCIAL SECURITY
dc.subjectWAGE BILL
dc.subjectWORKING POPULATION
dc.subjectWORKING-AGE POPULATION
dc.subjectYOUNG PEOPLE
dc.titleAn Assessment Of Reform Options For The Public Service Pension Fund In Uganda

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