Pension design Archives - Page 32 of 60 - Pension Policy International

29NovNovember 29, 2019

The Future of Pension Plans in the EU Internal Market: Coping with Trade-Offs Between Social Rights and Capital Markets

By Nazaré da Costa Cabral, Nuno Cunha Rodrigues This edited volume takes a closer look at various European pension-plan models and the recent challenges, trends and predictions related to the design of such schemes. The contributors analyse new ideas, both from national governments and European institutions, and consider current debates on topics such as the Capital Markets Union (CMU) and the so-called ‘European Pillar of Social Rights’ – calling for a new approach to social policy at the European level...

November 29, 2019

Books, Investment, Pension design2019, EU, Social Protection, Sustainability

29NovNovember 29, 2019

How Much Should the Poor Save for Retirement? Data and Simulations on Retirement Income Adequacy Among Low-Earning Households

By Andrew G. Biggs Both policymakers and members of the public are concerned regarding the adequacy of U.S. households’ retirement savings. In response, proposals have been made to expand Social Security benefits and to establish state government-run retirement plans for private sector employees. In both cases, the largest effects would be on low-earning households, who currently have low rates of retirement plan coverage and participation and who rely heavily upon Social Security benefits in retirement. However, there has been...

November 29, 2019

Articles, Pension design, Savings2019, Adequacy, Income, Public Policy, US

28NovNovember 28, 2019

Pensions at a Glance 2019

By OECD The 2019 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the last two years. Moreover, two special chapters focus on non-standard work and pensions in OECD countries, take stock of different approaches to organising pensions for non-standard workers in the OECD, discuss why non-standard work raises pension issues and suggest how pension settings could be improved. This edition also updates information on the key features of pension provision in OECD countries and...

November 28, 2019

Aging, Articles, Books, Labor Market, Pension design, Reports, Slider-Left, SustainabilityAdequacy, Political economy, Public Policy

22NovNovember 22, 2019

The People’s Money: Pensions, Debt, and Government Services;Urban Agenda

By Michael A Pagano American cities continue to experience profound fiscal crises. Falling revenues cannot keep pace with the increased costs of vital public services, infrastructure development and improvement, and adequately funded pensions. Chicago presents an especially vivid example of these issues, as the state of Illinois's rocky fiscal condition compounds the city's daunting budget challenges. In The People's Money, Michael A. Pagano curates a group of essays that emerged from discussions at the 2018 UIC Urban Forum. The...

November 22, 2019

Books, Pension designGovernment, Pension Management, Public Policy, US

22NovNovember 22, 2019

How Would 401(K) ‘Rothification’ Alter Saving, Retirement Security, and Inequality?

By Vanya Horneff, Raimond Maurer, Olivia S. Mitchell The US has long incentivized retirement saving in 401(k) and similar retirement accounts by permitting workers to defer taxes on contributions, levying them instead when retirees withdraw funds in retirement. This paper develops a dynamic life cycle model to show how and whether ‘Rothification’ – that is, taxing 401(k) contributions rather than payouts – would alter household saving, investment, and Social Security claiming patterns. We show that these changes differ importantly...

November 22, 2019

Articles, Pension design, SavingsIncome, Social Protection, US

22NovNovember 22, 2019

Fiscal Incidence in Moldova: A Commitment to Equity Analysis

By Alexandru Cojocaru, Mikhail Matytsin, Valeriu Prohnitchi This paper uses methods developed by the Commitment to Equity Institute and data from the Household Budget Survey to assess the effects of government taxation and social spending on poverty and inequality in Moldova. The paper presents the first detailed distributional analysis of the tax and expenditure sides of the fiscal system, examining in particular the contribution of different taxes and transfers to poverty and inequality reduction in Moldova, as well as...

November 22, 2019

Adequacy, Articles, Pension design2019, Income, Moldova, Social Protection, Taxation

15NovNovember 15, 2019

Fiscal Incidence in Moldova: A Commitment to Equity Analysis

By Alexandru Cojocaru, Mikhail Matytsin, Valeriu Prohnitchi T his paper uses methods developed by the Commitment to Equity Institute and data from the Household Budget Survey to assess the effects of government taxation and social spending on poverty and inequality in Moldova. The paper presents the first detailed distributional analysis of the tax and expenditure sides of the fiscal system, examining in particular the contribution of different taxes and transfers to poverty and inequality reduction in Moldova, as well as...

November 15, 2019

Articles, Pension design2019, Income, Poverty, Social Protection

15NovNovember 15, 2019

Social Pensions and Market Values: A Conflict?

By Quentin Detienne, Elmar Schmidt Social occupational pension schemes, i.e. compulsory pension schemes that are the result of collective bargaining, fulfil an important social function. At the same time, they seem to conflict with some fundamental single market tenets, such as the European Union (EU) Single Market’s four fundamental freedoms and competition law principles. In this respect, occupational pension schemes in the Member States seem to embody the inherent tensions contained within the EU’s social market economy: a clash...

November 15, 2019

Articles, Pension designEuropean Union, Investment, Regulation

08NovNovember 8, 2019

Longevity Risk and Retirement Income Planning

By Patrick J. Collins, Huy D. Lam, Josh Stampfli The past 50 years have seen an abundance of research on retirement planning and longevity risk. Reviewed here is the academic side of the research and its varied viewpoints and nuances. The evolution of retirement risk models, retirement portfolio problems and solutions, and annuities are some of the many topics covered. Get the book here

November 8, 2019

Aging, Books, Investing, Pension design2016, Income, Payout, Risk

08NovNovember 8, 2019

A Two-Step Mixed Pension System: How to Reinvent Social Security with the Help of Notional Accounts and Term Annuities

By Inmaculada Domínguez-Fabián,Pierre Devolder, Francisco del Olmo García, Jose A Herce The change in economic and sociodemographic reality, characterized by a continuous increase in longevity, the consequences of the economic crisis, and the lack of adequate adjustments of social security retirement pension systems everywhere, entails risks for workers and the social security systems themselves. Many reforms of public pension systems have been carried out in recent years, based on modifying system parameters and structural changes. Some reforms aim at...

November 8, 2019

Articles, Investing, Pension design, Savings2019, Payout, Social Security

November 2019