By Marc Chan, Cain Polidano, Lan Tong, Ha Vu, Roger Wilkins & Son Nguyen A key design issue for private retirement plans is their liquidity before retirement age. We estimate the effects of an Australian policy reform that reduced private pension liquidity through increases in the minimum access age by birthdate. Using administrative data and […]

By Valter Manuel Gomes Neto Brazil’s rapid demographic transition presents growing challenges for the sustainability, coverage, and adequacy of its pension system. Although the 2019 pension reform improved fiscal sustainability, population ageing and persistent labour informality continue to place pressure on pension financing and old-age income security. Drawing on existing research and policy evidence, this […]

By Vijay S. Limaye, Jaime Madrigano, Kim Knowlton, Shubhayu Saha, Chihuu Nguyen, & John Balbus Climate change adaptation has historically been defined narrowly, emphasizing actions such as built environment and early warning system improvements. The integration of social protection policies into climate change adaptation policies has the potential to reduce climate-health risks, but no prior […]

Across Asia, people are living longer than ever before. This is one of the region’s greatest development successes. As policymakers, researchers and civil society leaders gathered in Hangzhou at the end of October for the Asia-Pacific Regional Conference on Ageing, they did so at a time when public debate too often focuses on ageing as […]

HM Revenue and Customs (HMRC) has confirmed a tax charge that affects older state pensioners across the UK when they hit the age of 75. Under HMRC rules, when a pensioner reaches their 75th birthday, tax relief on their individual pension contributions stop from this point. While it is possible to continue paying into some […]

Changing jobs can leave workers with a small but easily forgotten 401(k) balance at their former employer. While cashing out may seem convenient, that decision could have lasting consequences for their retirement savings. Vanguard data identifies cashing out a small 401(k) as one of the costliest mistakes workers make during job transitions. An automated system, […]

The Czech Republic is preparing a large-scale reform of voluntary pension savings aimed at encouraging citizens to start saving for old age as early as possible. Legislative changes provide for increasing state contributions, introducing new investment strategies, and reducing pension savings management costs. According to the Czech Ministry of Finance, the relevant bill called Lepší […]