By Valbona Cinaj  The pension system faces many problems and challenges. Social security in general is the system of social protection in Albania, as in other countries, is influenced by the country’s economic power, labor market developments, demographic situation, employment situation and unemployment, GDP growth, macroeconomic stability, etc. These indicators will serve not only as […]

By Barry Gros With the significant decline in single-employer defined-benefit (DB) pension plans in the private sector, it’s important to understand other alternatives. One such alternative is the target-benefit plan. The regulation of target-benefit plans (TBPs) in all provinces across Canada can be made more straightforward and effective using lessons learned from real-life experiences. With […]

By Thomas E. Lambert & Christopher B. Tobe This paper examines a looming possible crisis in many Americans’ retirement plans due to the proliferation of annuity products in their retirement investment portfolios. As defined benefit pension plans have almost completely disappeared as a means of retirement savings and have been replaced by defined contribution retirement […]

U.S. corporate pension plan funding ratios fell slightly to 98.5% in 2023 due to falling discount rates, according to Milliman’s annual Corporate Pension Funding Study. The study of the 100 U.S. public companies with the largest defined benefit plans showed that the average funding ratio fell from 99.4% a year earlier due to a 17-basis-point […]

Almost half (46 per cent) of UK adults with pensions have not considered who should inherit them, research from Canada Life has found. The firm’s research revealed that over half (54 per cent) of UK adults with pensions haven’t completed an expression of wish form, with one in 10 (10 per cent) admitting that the […]

At the end of last year, the number of people in China aged 65 and above reached 217 million, making up 15.4 per cent of the total population. This has led to concerns that with rapid ageing, the existing pension system may fail to keep pace. As a result, elderly people have turned to raising […]

Este lunes la Cámara de Diputados aprobó la creación del Fondo de Pensiones para el Bienestar, una iniciativa de reforma a la Ley del Seguro Social, la Ley del Infonavit, la Ley del ISSSTE, y la Ley de los Sistemas de Ahorro para el Retiro que fue propuesta por los diputados morenistas Ignacio Mier Velazco y […]