Title :
On Planning a Public Pension System under Uncertainty: A Generation-based Operation Model
Author :
Banjo, Daisuke ; Tamura, Hiroyuki ; Murata, Tadahiko
Author_Institution :
Graduate Sch. of Eng., Kansai Univ., Osaka
Abstract :
The public pension system in Japan is bringing about intergenerational inequity in contribution/benefit ratio. In this paper, we propose a scheme for public pension planning under generation-based operation (GO) model. In addition, to show sustainability of the proposed scheme, we simulate processes in finance. Proposed scheme is robust for various disturbances (e.g. changes in population and economy). The robustness to changes in population is especially useful in society with a decreasing population
Keywords :
demography; pensions; planning; stability; contribution/benefit ratio; generation-based operation; intergenerational inequity; public pension planning; public pension system; robustness; social simulation; Aging; Collaboration; Decision making; Educational institutions; Finance; Intelligent systems; National security; Pensions; Robustness; Uncertainty; Intergenerational Inequity; Public Pension System; Social Simulation; Uncertainty;
Conference_Titel :
Intelligent Systems, 2006 3rd International IEEE Conference on
Conference_Location :
London
Print_ISBN :
1-4244-01996-8
Electronic_ISBN :
1-4244-01996-8
DOI :
10.1109/IS.2006.348409