一项研究估计劳动者将强制储蓄的半数视为劳动收入税，因此（尤其是不进入劳动者个人账户的基金）增收数额过大可能造成劳动力参与度下降、或从正规行业转向非正规行业等后果。
One study estimates that workers treat half of the compulsory savings as a tax on labor income, so too-large an increase (especially in the funds that do not go to the worker’s individual account) could cause a drop in labor-force participation, a shift from formal to informal employment, or both.