Economics · Macroeconomics

Pensions Reform — Pay-as-you-go vs Funded vs Hybrid

Step into Costaria National Insurance Institute as the working-to-retiree ratio falls toward 2.4:1.

6 rounds Executive English, Español

Preview

About this simulation

Step into Costaria National Insurance Institute as the working-to-retiree ratio falls toward 2.4:1.

Build the three canonical pension architectures (PAYG, fully funded, multi-pillar hybrid), test them against four decades of reform evidence (Chile 1981, Sweden 1998 NDC, Argentina 1994/2008, Germany Riester, Netherlands, Australia, Singapore), and design a Costaria reform package — with explicit allocation of the transition cost across cohorts.

Apply the Aaron-Samuelson rule, the PAYG sustainability identity, and the World Bank multi-pillar framework to a 30-year fiscal projection.

Who it is for

An advanced simulation for participants used to working with the main frameworks and trade-offs of the subject, designed for executive education and experienced professionals.

How a session runs

  1. The instructor creates a session from the Eureka dashboard and invites the participants.
  2. Participants play 6 rounds. In each one they submit their decisions and the simulation calculates the results. The first round opens with: Status Quo (2026).
  3. The simulation can be run in English, Español.
  4. The instructor follows each participant's progress and results from the dashboard, and uses the class results for the debrief.

Decisions participants make

The decisions participants make during the simulation:

  • PAYG Pillar 1 contribution rate (%)
  • Funded Pillar 2 contribution rate (%)
  • Pillar 0 floor (% of GDP)
  • Statutory retirement age

What participants track

What participants follow on screen as the rounds go by:

  • Reform Package — 5-Year Window

Subjects covered

Designed for courses in Macroeconomics.

Ready to use Pensions Reform — Pay-as-you-go vs Funded vs Hybrid with your students?

Contact us and we'll set you up with a free trial session.

Contact us