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by David John, Gary Koenig, Public Policy Institute, September, 2013
The Retirement Security Project and the AARP Public Policy Institute hosted a discussion of what we might learn from retirement savings systems in Australia and Asia.
Australia’s mandatory Superannuation Guarantee which requires its citizens to save at least 9 percent of their income towards retirement. They also looked at recent changes in many Asian nations, where economic growth has spurred reexamination of pension systems to meet the needs of rapidly evolving societies.
Our panel of retirement experts considered how reforms in Australia and Asia can shape the American debate and whether this country should adopt key features. The conference explored a range of issues, including:
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