MAP20071027173Chen, Yung-PingThe Role of the fourth pillar in the redesign of social security / by Yung-Ping ChenSumario: This article summarizes the World Bank's recent criticisms of social security programs and its proposal for a multipillar system of welfare payments and savings. Next, the article addresses important issues about privatization and the major reasons for the financial problems of social security programs. Then, the article illustrates how an existing social security plan may be redesigned into a self-sustaining and financially stable program. Noting the importance of social security, the article argues for strengthening the potential of part-time employment as an additional source of income in old ageEn: Geneva papers on risk and insurance : issues and practice. - Geneva : The Geneva Association, 1976- = ISSN 1018-5895. - 01/10/1996 Tomo 21 Número 4 - 1996 , p. 469-4771. Seguridad Social. 2. Fourth Pillar. 3. Seguro de jubilación. 4. Jubilación. 5. Mercado de trabajo. I. Title. II. Título: The Geneva papers on risk and insurance.
