Aging Archives - Page 25 of 35 - Pension Policy International

21MayMay 21, 2018

Population Aging: The Transformation of Societies

By Donald T. Rowland Population Aging: The Transformation of Societies presents an overview and international comparison of the causes, consequences and policy implications of one of the major processes of change in contemporary societies. It provides a foundation for understanding and reflecting on key demographic and social trends, together with related theoretical and policy frameworks that are important in explaining changes and designing informed responses. With particular reference to countries that have the oldest or largest aged populations, the book...

May 21, 2018

Aging, Books, System SustainabilityLabor Market, Public Policy

14MayMay 14, 2018

As the World Ages: Rethinking a Demographic Crisis

By Kavita Sivaramakrishnan Sivaramakrishnan People are living longer, creating an unexpected boom in the elderly population. Longevity is increasing not only in wealthy countries but in developing nations as well. In response, many policy makers and scholars are preparing for a global crisis of aging. But for too long, Western experts have conceived of aging as a universal predicament—one that supposedly provokes the same welfare concerns in every context. In the twenty-first century, Kavita Sivaramakrishnan writes, we must embrace a...

May 14, 2018

Aging, Books, System SustainabilityLabor Market, Regulation, Social Protection

07MayMay 7, 2018

Poverty in Retirement: The Long-Term Impact of Rising Economic Inequality

By David W. Rasmussen (Pepper Institute on Aging and Public Policy) Income inequality is exacerbated by labor market trends that increase the demand for high skill occupations and those in low skill service occupations. This hollowing out of the middle of the income distribution means that an increasing portion of households will be less prepared for retirement as they approach age 65: they will have saved less, have diminished access to define benefit pension plans, and face smaller social security...

May 7, 2018

Aging, Articles, Labor Market2018, Savings

23AprApril 23, 2018

Healthy Ageing: A Capability Approach to Inclusive Policy and Practice

By Christine Stephens &‎ Mary Breheny What does it mean to age well? This important new book redefines what successful aging means, challenging the idea that physical health is the only criteria to gauge the aging process, and that an aging population is necessarily a burden upon society. Using Sens Capabilities Approach as a theoretical starting point Healthy Ageing: A Capability Approach to Inclusive Policy and Practice outlines a nuanced perspective that transcends the purely biomedical view, recognising ideas of resilience,...

April 23, 2018

Aging, Books, Labor MarketGovernement, Social Security

23AprApril 23, 2018

Organizing Old Age Pensions for India’s Informal Workers: A Case Study of a Sector-Driven Approach

By M.R. Narayana (University of Mysore) About 88 percent of India’s total labor force is composed of informal (officially labeled “unorganized”) workers. As many as 388 million such workers lack old age income security by way of a pension system. The Atal Pension Yojana (APY) is the latest contributory, national-level old age pension scheme for unorganized workers, with an entry age of 18–40 years. In other words, all current unorganized workers above the age of 40 are excluded. How could...

April 23, 2018

Aging, Articles, Labor Market, Pension design2018, Financial Inclusion, India, Public Policy

23AprApril 23, 2018

Organizing Old Age Pensions for India's Informal Workers: A Case Study of a Sector-Driven Approach

By M.R. Narayana (University of Mysore) About 88 percent of India’s total labor force is composed of informal (officially labeled “unorganized”) workers. As many as 388 million such workers lack old age income security by way of a pension system. The Atal Pension Yojana (APY) is the latest contributory, national-level old age pension scheme for unorganized workers, with an entry age of 18–40 years. In other words, all current unorganized workers above the age of 40 are excluded. How could...

April 23, 2018

Aging, Articles, Labor Market, Pension design2018, Financial Inclusion, India, Public Policy

15AprApril 15, 2018

On Welfare Effects of Increasing Retirement Age

By Krzysztof Makarski (National Bank of Poland; Warsaw School of Economics (SGH)) & Joanna Tyrowicz (National Bank of Poland; University of Warsaw) We develop an OLG model with realistic assumptions about longevity to analyze the welfare effects of raising the retirement age. We look at a scenario where an economy has a pay-as-you-go defined benefit scheme and compare it to a scenario with defined contribution schemes (funded or notional). We show that, initially, in both types of pension system schemes...

April 15, 2018

Aging, Articles, Labor Market2018, Longevity, Public Policy, Retirement Age

09AprApril 9, 2018

The Relation Between the Migration, Population Aging, Labor Force Productivity and Economic Growth: An Analysis for Bulgaria

By Hamit Can (Technical University of Sofia) & Venelin Terziev (Vasil Levski National Military University; University of Ruse) In this study, the relationship between population, elderly population and economic growth is analyzed theoretically, taking into account the demographic change of the Bulgarian population and the more aging phenomenon. Thus, the change in the age structure of the Bulgarian population was investigated and the factors affecting the growth of the relationship between economic growth were investigated. Developed countries are trying to...

April 9, 2018

Aging, Articles, Labor Market, System Sustainability2018, Political economy, Regulation

02AprApril 2, 2018

Political Preferences and the Aging of Populations: Political-economy Explanations of Pension Reform

By Oliver Pamp Oliver Pamp analyzes the likelihood and extent of pension reforms from a political-economy perspective. It is shown that voters preferences for or against reforms are influenced by a societies demographic development, the generosity of its existing public pension scheme and its electoral system. The author extensively reviews existing formal models of pension systems, discusses their merits and limitations, and develops a three-period overlapping generations model. The models insights regarding individual reform preferences are then put into the...

April 2, 2018

Aging, Books, System SustainabilityPolitical economy, Public Policy, Reform

19MarMarch 19, 2018

The Mortality Effects of Retirement: Evidence from Social Security Eligibility at Age 62

By Maria D. Fitzpatrick, Timothy J. Moore Social Security eligibility begins at age 62, and approximately one third of Americans immediately claim at that age. We examine whether age 62 is associated with a discontinuous change in aggregate mortality, a key measure of population health. Using mortality data that covers the entire U.S. population and includes exact dates of birth and death, we document a robust two percent increase in male mortality immediately after age 62. The change in female...

March 19, 2018

Aging, ArticlesSocial Security

May 2018

Population Aging: The Transformation of Societies

Poverty in Retirement: The Long-Term Impact of Rising Economic Inequality

April 2018

Organizing Old Age Pensions for India’s Informal Workers: A Case Study of a Sector-Driven Approach

Organizing Old Age Pensions for India's Informal Workers: A Case Study of a Sector-Driven Approach

On Welfare Effects of Increasing Retirement Age

The Relation Between the Migration, Population Aging, Labor Force Productivity and Economic Growth: An Analysis for Bulgaria

Political Preferences and the Aging of Populations: Political-economy Explanations of Pension Reform

March 2018