May 2023
26May

A zoom into Asia’s pension reform journey: different perspectives of a multi-pillar approach

By Calvin Chiu & Elvin Tharm Pension reform in Asia is progressing as the region faces numerous challenges: ageing populations, rising life expectancy and the erosion of traditional family and community support for the elderly. While the traditional state-provided pension may provide one potential source of retirement income, Manulife Investment Management believes that a comprehensive multi-pillar approach, such as that outlined by the World Bank, should be the best way forward. In this initial paper of a new series on...

May 26, 2023
Books, Books, Pension design, , , , ,
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26May

Bringing Back the State: Understanding Varieties of Pension Re-reforms in Latin America

By Leandro N.Carrera & Marina Angelaki Pension policy is a highly political issue across Latin America. Since the mid-2000s, several countries have re-reformed their pension systems with a general trend toward more state involvement, yet with significant variation. This article contends that policy legacies and the institutional political setting are key to understanding such variation. Analyzing the cases of Argentina, Bolivia, and Chile, this article shows that where a weak legacy, characterized by low coverage and savings rates, a weakly...

May 26, 2023
Books, Books, Pension design, , ,
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26May

Pension Reform: Conceptual Foundations and Practical Challenges

By Seamus Duffy & Oliver Giesecke Underfunded pension are the largest liability for state and local governments across the United States. As a result of increasing recognition of the associated risks, recent statutory funding mandates led to a sharp increases in required contributions, threatening city services and employee bases. As funding pressure mounts, pension reforms offer a viable tool for prudent economic policy. We propose five general principles that guide pension reform considerations and discuss how these principle stand in...

May 26, 2023
Articles, System Sustainability, , , ,
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26May

‘Earned, Not Given’? The Effect of Lowering the Full Retirement Age on Retirement Decisions

By Mathias Dolls & Carla Krolage This paper analyzes behavioral responses to a 2014 reform in the German public pension system that lowered the full retirement age (FRA) of individuals with a long contribution history by up to two years and framed the new FRA as reference age for retirement. Using administrative data from public pension insurance accounts, we first document a substantial bunching response at the FRA exceeding the control group’s bunching by 83%. Second, we show in a...

May 26, 2023
Articles, System Sustainability, , ,
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26May

Save to Advance: Analysis and Recommendations on the Pension Reform in Colombia

By Manuela Restrepo, Camilo José Ríos, Andrés Mauricio Velasco & Andrés Zambrano  In March of 2023, the Government filed a Bill that seeks to modify the Colombian pension system. The Bill contemplates a four-pillar scheme: a social transfer pillar named Solidario, a semi- contributory pillar, a contributory pillar, and a voluntary savings pillar. This paper presents a summary of the Bill filled in Congress, followed by an analysis of its implications for fiscal sustainability and macroeconomic stability. As a result, we recommend that the...

May 26, 2023
Articles, Pension design, , , ,
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24May

Informe de Seguridad Social y Bienestar en las Américas

Por Mariela Sánchez-Belmont Montiel, Crisna Cuchcatla Méndez, Frida Romero Suárez & Yunuen Nicté Rodríguez Piña El ISSBA tiene como propósito generar un diagnóstico actualizado y multidimensional del panorama de la protección y seguridad social en las Américas, desde el cual se construirán recomendaciones de política pública y estrategias que fomenten este derecho humano, reflexionando sobre las posibilidades de su universalización e identificando los beneficios de la cooperación internacional en la materia. Libro completo “aquí”

May 24, 2023
Libros, Libros, Mercado Laboral, Mercado Laboral
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24May

La adecuación y la sostenibilidad de los sistemas de pensiones en el contexto del envejecimiento demográfico

Por Sharan Burrow  El documento examina varias de las medidas que los Estados han adoptado con miras a mejorar la sostenibilidad de los sistemas de pensiones y evalúa su eficacia. El documento destaca que muchas de las medidas adoptadas han tenido repercusiones negativas sobre la distribución y han comprometido significativamente la función principal de los sistemas de pensiones: proporcionar una sustitución segura de los ingresos para las personas en la vejez y evitar que caigan en la pobreza. Aunque muchos gobiernos...

May 24, 2023
Libros, Libros, Sostenibilidad del Sistema, Sostenibilidad del Sistema, , ,
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24May

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...

May 24, 2023
Artículos, Diseño de Pensiones, , , ,
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24May

Envejecimiento activo, un cambio de paradigma necesario en México: una revisión de la literatura científica

Por Beatriz Guadalupe Maza Pérez & Guiana Fernández de Lara López  Este artículo tiene como objetivo analizar el incremento poblacional de adultos mayores y la concepción del envejecimiento activo en México. Para tal propósito se realizó una revisión de artículos publicados del año 2015 a la actualidad. Las palabras que se utilizaron en la búsqueda fueron: adulto mayor, trabajo y población de adultos mayores en México, teorías psicosociales de gerontología, envejecimiento y vejez. Se excluyeron los artículos que exponen el...

May 24, 2023
Artículos, Envejecimiento, Envejecimiento, , ,
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19May

The Future of AI and Older Adults

By Laurie M. Orlov  Advances in AI got the full attention of the technology industry, which is undergoing its first major disruption since the arrival of smart speakers and voice in 2014. Multiple industries see compelling opportunities, including healthcare providers, senior living, customer service providers, training and remote monitoring service offerings. Government organizations are investing in AI and aging startups and programs. Although there are a number of barriers to adoption, in the not-so-distant future, machine learning, chatbots, and AI in the home...

May 19, 2023
Aging, Books, Books, , ,
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