Pension design Archives - Page 44 of 60 - Pension Policy International

30JulJuly 30, 2018

Well-Appreciated but (Too) Difficult Pensions Choices? Insights from the Swedish Premium Pension System

By Monika Böhnke (Maastricht University - Department of Marketing), Elisabeth Brüggen (Maastricht University) & Thomas Post (Maastricht University - School of Business and Economics - Department of Finance; Netspar) We analyze experiences of savers in a DC pension scheme from Sweden – a country that was among the first to launch choice-based funded individual pension accounts. Based on a survey among 2,646 savers, we find that the average saver feels unknowledgeable about the scheme and experiences choice overload. Pension savers...

July 30, 2018

Articles, Labor Market, Pension design, Slider-Left

23JulJuly 23, 2018

Simple Models of Income Redistribution

By Andras Simonovits The rising role of intra- and intergenerational transfers (e.g. basic income, child benefit and public pensions) characterises modern economies, yet most models depicting these transfers are too sophisticated for a wider but mathematically trained audience. This book presents simple models to fill the gap. The author considers a benevolent government maximizing social welfare by anticipating citizens' shortsighted reaction to the transfer rules. The resulting income redistribution is analyzed for low tax morale, strong labor disutility and heterogeneous...

July 23, 2018

Books, Labor Market, Pension designDB Pensions, DC Pensions

23JulJuly 23, 2018

The Retirement Belief Model: Understanding the Search for Pension Information

By Wiebke Eberhardt (Maastricht University), Elisabeth Brüggen (Maastricht University), Thomas Post (Maastricht University) & Chantal Hoet (Aegon) Many individuals avoid information relevant for retirement planning. This behavior is worrying as pension systems shift risks and responsibilities to individuals. Individuals who avoid pension information fail to discover whether they save too little for retirement, negatively affecting their long-run financial well-being. We generate knowledge about the factors that stimulate or hinder the search for pension information. Using an interdisciplinary lens, we develop...

July 23, 2018

Articles, Pension design2018, Behavior, Financial Education, Financial Literacy

16JulJuly 16, 2018

The Mommy Effect: Do Women Anticipate the Employment Effects of Motherhood?

By Ilyana Kuziemko, Jessica Pan, Jenny Shen, Ebonya Washington After decades of convergence, the gender gap in employment outcomes has recently plateaued in many rich countries, despite the fact that women have increased their investment in human capital over this period. We propose a hypothesis to reconcile these two trends: that when they are making key human capital decisions, women in modern cohorts underestimate the impact of motherhood on their future labor supply. Using an event-study framework, we show substantial...

July 16, 2018

Articles, Labor Market, Pension design2018, Gender Gap, Income, Political economy, Savings

16JulJuly 16, 2018

The Extent and Nature of State and Local Government Pension Problems and a Solution

By Ross Marchand (Taxpayers Protection Alliance) & Mark Warshawsky (Government of the United States of America - Social Security Administration) Some states and municipalities are in difficult financial straits. Many more have severely underfunded defined benefit pension plans for their past and current employees. At the intersection of these two sets, it is likely that the pension plans are not sustainable and cuts are inevitable, including to the benefits of current retirees. But in many of these states and municipalities,...

July 16, 2018

Articles, Pension design, System Sustainability2018, DB Pensions, Funding, Public Pensions

09JulJuly 9, 2018

Pension Plans in Germany: Market Sales in Germany

From Editorial DataGroup Europe The Pension Plans Germany eBook provides 14 years Historic and Forecast data on the market for each of the 5 Products and Markets covered. The Products and Markets covered (Pension Plans) are classified by the Major Products and then further defined and analysed by each subsidiary Product or Market Sector. In addition full Financial Data (188 items: Historic and Forecast Balance Sheet, Financial Margins and Ratios) Data is provided, as well as Industry Data (59 items)...

July 9, 2018

Books, Labor Market, Pension design2018, Financial Inclusion, Germany, Private Pensions, Public Pensions

06JulJuly 6, 2018

Demography and Provisions for Retirement: The Pension Composition, an Equilibrium Approach

By B.M.S. van Praag (University of Amsterdam) & J. Peter Hop (University of Amsterdam) Pensions may be provided for in a modern society by several methods, viz., voluntary individual savings, mandatory fully funded occupational pension systems, and mandatory social security financed by pay-as-you-go. The specific mixture of the three systems we will call the pension composition. We assume that individual workers decide about their own individual savings, that the fully funded occupational system is decided upon by the age cohort of...

July 6, 2018

Adequacy, Articles, Labor Market, Pension design2018, Funding, Investement, Netherlands, Political economy, Social Security

30JunJune 30, 2018

Questioning Market Aversion in Gender Equality Strategies: Designing Legal Mechanisms for the Promotion of Gender Equality in the Family and the Market

By Hila Shamir (Tel Aviv University - Buchmann Faculty of Law),Tsilly Dagan (Bar Ilan University) & Ayelet Carmeli (Tel Aviv University) Post-industrial economies are at a crossroad. On the one hand countries are dealing with the crisis of unemployment and underemployment, developing strategies to increase labor market participation of all adults, and increase productivity. On the other hand, the same countries are responding to demographic concerns regarding an aging population and decreased birth ratios. These concerns, coupled with a growing...

June 30, 2018

Aging, Articles, Pension design, Regulation2018, Financial Inclusion, Gender Equality, Income, Labor Market, Public Policy

30JunJune 30, 2018

Later Pension, Poorer Health? Evidence from the New State Pension Age in the UK

By Ludovico Carrino (King's College London; Ca Foscari University of Venice - Dipartimento di Economia), Karen Glaser (University of London - Department of Social Science, Health and Medicine (SSHM)) & Mauricio Avendano (King's College London) This paper examines the health impact of UK pension reforms that increased women’s State Pension age for up to six years since 2010. Exploiting an 11% increase in employment caused by the reforms, we show that rising the State Pension age reduces physical and mental...

June 30, 2018

Aging, Articles, Pension design2018, Labor Market, Retirement Age, State Pensions, UK

25JunJune 25, 2018

Canada Pension Plan 2018

By Canada Government This Book which contains Canada Pension Plan was updated on May 31 , 2018. Get it HERE!

June 25, 2018

Books, Management, Pension design, System SustainabilityCorporate Governance, Labor Market, Social Security

July 2018

Well-Appreciated but (Too) Difficult Pensions Choices? Insights from the Swedish Premium Pension System

Simple Models of Income Redistribution

The Retirement Belief Model: Understanding the Search for Pension Information

The Mommy Effect: Do Women Anticipate the Employment Effects of Motherhood?

The Extent and Nature of State and Local Government Pension Problems and a Solution

Pension Plans in Germany: Market Sales in Germany

June 2018

Questioning Market Aversion in Gender Equality Strategies: Designing Legal Mechanisms for the Promotion of Gender Equality in the Family and the Market

Later Pension, Poorer Health? Evidence from the New State Pension Age in the UK