Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/243380 
Erscheinungsjahr: 
2021
Schriftenreihe/Nr.: 
WIDER Working Paper No. 2021/54
Verlag: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Zusammenfassung: 
In 2016, the South African government introduced a comprehensive reform to simplify and harmonize the pension system in order to incentivize pension savings and increase the fairness of the retirement system. Using administrative tax micro-data, we assess the impact of the 2016 reform and find that it triggered a positive impact on the extensive margin (the number of people contributing to pension funds) and a less sharp yet positive effect on the intensive margin (the average value of contributions). The reform was not effective at mitigating the regressive impact of the retirement system because the number of individuals contributing to retirement funds increased relatively more for top earners, and it has also exacerbated the gap between low- and high-income individuals on the intensive margin side. In addition, more resources were allocated to pension-related tax expenditures, which have been proven to be highly concentrated among rich earners, both before and after the reform, hence exacerbating inequality.
Schlagwörter: 
pension savings
tax incentives
inequality
tax expenditures
retirement
JEL: 
H2
H3
H55
D31
Persistent Identifier der Erstveröffentlichung: 
ISBN: 
978-92-9256-992-1
Dokumentart: 
Working Paper

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