April 2024
05Apr

2023 Corporate Pension Funding Study

By Zorast Wadia, Alan H. Perry & Richard J. Botelli Jr The 2023 edition of the Milliman Corporate Pension Funding Study (PFS) is our 23rd annual analysis of the financial disclosures of the 100 U.S. public companies sponsoring the largest defined benefit (DB) pension plans. These 100 companies are ranked highest to lowest by the value of their pension assets as of the end of fiscal year (FY) 2022. These values have been reported to the public, to shareholders, and to...

April 5, 2024
Books, Books, Reports, System Characterization, , ,
Read more...
05Apr

Wealth Creators or Inheritors? Unpacking the Gender Wealth Gap from Bottom to Top and Young to Old

By Eva Sierminska, Charlotte Bartels & Carsten Schroeder There is growing interest in understanding how gender influences the accumulation of wealth. While prior studies have focused on labor-related determinants, our research focuses on inheritances and gifts. Using unique data that over samples the top 1% of wealth holders in Germany, we show that the gender wealth gap is small for individuals up to age 40, then widens, and declines for those past retirement age. Transfer amounts and their timing are...

April 5, 2024
Articles, System Characterization, , , , ,
Read more...
05Apr

The Effects of Environmental Distress on Labor Markets: Evidence from Brazil

By Danae Hernandez-Cortes & Sophie Mathes This article documents how environmental distress affects individual-level labor market outcomes in Latin America’s largest economy. We collect data on a broad range of environmental distress events namely heat waves, floods, fires, and droughts, and combine these with uniquely rich administrative information covering the universe of formal employment in Brazil from 2003 to 2017. We find heterogeneous labor effects in response to environmental distress. We find that heat waves disrupt employment, increasing retirement rates...

April 5, 2024
Articles, Labor Market, , , ,
Read more...
05Apr

Regressivity in Public Pension Systems: The Case of Peru

By Jose Valderrama We study the role of income-mortality differentials and pension eligibility conditions on the level of regressivity and progressivity of Peru’s public pension system, using administrative records from 1999 to 2018 to do so. We consider the joint effect of insufficient contributions, by which the poorest contribute to the pension system butultimately do not qualify for pensions because of insufficient contributions, and differing mortality by socioeconomic status in contributing to regressivity of the system. We find that the...

April 5, 2024
Articles, Pension design, , , ,
Read more...
03Apr

Proyecciones del gasto público en pensiones España

Por Ministerio de Inclusión, Seguridad Social y Migraciones Desde 2020 y en respuesta a las nuevas recomendaciones aprobadas en la Comisión del Pacto de Toledo y a los compromisos acordados en el componente 30 del Plan de Recuperación, Transformación y Resiliencia, se han aprobado secuencialmente un conjunto de medidas de reforma del sistema de pensiones con el objetivo de modernizar su funcionamiento, atender las nuevas realidades laborales y sociales, y garantizar la suficiencia y la sostenibilidad del sistema en el...

April 3, 2024
Libros, Libros, Reportes, Sostenibilidad del Sistema, Sostenibilidad del Sistema, , , ,
Read more...
03Apr

Panorama Laboral 2023 de América Latina y el Caribe

Por Organización Internacional del Trabajo A pesar de presentar una menor tasa de desocupación en 2023, recuperación de mercados laborales en América Latina y el Caribe aún es insuficiente. Urge adoptar medidas que contribuyan a prevenir la precarización del empleo formal y que estimulen la generación de más puestos de trabajo decente en toda la región. Libro completo aquí

April 3, 2024
Libros, Libros, Mercado Laboral, Mercado Laboral, Reportes, , ,
Read more...
03Apr

El Sistema Nacional de Pensiones y la política de endeudamiento en el Perú: financiamiento de las reformas paramétricas en crisis pandémica

Por Luis Alberto Quintana García En el presente trabajo se analiza el problema del financiamiento de las reformas paramétricas realizadas al Sistema Nacional de Pensiones (SNP) del Perú, en el periodo de la pandemia, para lo cual, se inicia con un estudio sobre el estado en el que se encuentra el SNP y cómo llega al contexto de la pandemia; posteriormente, se examina el proceso de implementación delas reformas paramétricas, a través de la revisión crítica del proceso de promulgación...

April 3, 2024
Artículos, Caracterización del Sistema, , , ,
Read more...
03Apr

Amas de casa jubiladas: una revisión sobre el Plan de Inclusión Previsional

Por Tatiana Marisel Pizarro Con este artículo pretendemos mostrar aquellas modificaciones del sistema previsional argentino a partir de la puesta en marcha del Plan de Inclusión Previsional y la inserción del ama de casa como beneficiaria directa, específicamente en San Juan. Para cumplir con esta meta, seleccionamos una estrategia de lectura de datos ofrecidos por el INDEC -Instituto Nacional de Estadísticas y Censos- y ANSES Administración Nacional de la Seguridad Social- sobre la influencia que tuvo esta medida en las...

April 3, 2024
Artículos, Caracterización del Sistema, , , ,
Read more...

March 2024
27Mar

Global top 300 pension funds

By Thinking Ahead Institute The global top 300 pension funds is an annual study conducted by the Thinking Ahead Institute, in conjunction with Pensions and Investments. The research highlights high-level trends in the pension fund industry and provides information on how the characteristics of these top funds have changed. Get the report here

March 27, 2024
Books, Books, Pension Management, Reports, ,
Read more...
27Mar

Report on long term investing of large pension funds and public pension reserve funds 2023: Annual Survey of Large Pension Funds and Public Pension Reserve Funds

By Organization for Economic Co-operation and Development This is the tenth edition of the OECD survey of large pension funds and public pension reserve funds that collects long-term investment data since it was first published in 2011. The scope of this report covers 87 public and private pension funds from 34 countries. This survey is based on a qualitative questionnaire sent directly to large pension funds and public pension reserve funds. It covers the infrastructure investments made by large pension...

March 27, 2024
Books, Books, Pension Management, Reports, ,
Read more...