The introduction of the concept of a personal equity and retirement account through house bills number 2827, 28, 192, 1665, 1757 and 2648 has raised concerns regarding the institutional requirements, financial viability, potential impact on government revenues and effect on the capital market. To help provide answers to some of these concerns, this Policy Notes examines the macroeconomic implications of the various bills consolidated into PERA Act using the PIDS Annual Macroeconometic Model to simulate some scenarios.
