July 2018

16Jul

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 Sustainability, , ,
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09Jul

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 design, , , ,
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06Jul

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 design, , , , ,
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June 2018

30Jun

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, Regulation, , , , ,
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30Jun

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 design, , , ,
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25Jun

The Effects of Means-Tested, Noncontributory Pensions on Poverty and Well-Being: Evidence from the Chilean Pension Reforms

By Italo Garcia (RAND Corporation) & Andres Otero (Independent) Chile initiated in 1981 a privately managed, individual-account pension system that inspired similar reforms in many Latin American countries, and that has been considered as a possible model for Social Security in the United States. After 30 years in place, the Chilean pension system has been criticized for replicating existing inequalities in labor markets and increasing the risk of old-age poverty; for achieving lower levels of coverage; and for providing low...

June 25, 2018
Articles, Pension design, System Sustainability, , ,
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16Jun

Third Party Administration of Insurance & Pension Revenues in Germany: Product Revenues in Germany

By Editorial DataGroup Europe The Third Party Administration of Insurance & Pension Revenues Germany eBook provides 14 years Historic and Forecast data on the market for each of the 22 Products / Services covered. The Products / Services covered (Third party administration of insurance & pension Lines) are classified by the 5-Digit NAICS Product Codes and each Product and Services is then further defined and analysed by each 6 to 10-Digit NAICS Product Codes. In addition full Financial Data (188...

June 16, 2018
Books, Management, Pension design, ,
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16Jun

The Effects of Means-Tested, Noncontributory Pensions on Poverty and Well-Being: Evidence from the Chilean Pension Reforms

By Italo Garcia (RAND Corporation) & Andres Otero (Independent) Chile initiated in 1981 a privately managed, individual-account pension system that inspired similar reforms in many Latin American countries, and that has been considered as a possible model for Social Security in the United States. After 30 years in place, the Chilean pension system has been criticized for replicating existing inequalities in labor markets and increasing the risk of old-age poverty; for achieving lower levels of coverage; and for providing low...

June 16, 2018
Articles, Pension design, Regulation, , , , ,
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10Jun

Pension Markets in Focus

OECD Recent years have witnessed intense pension reform efforts in countries around the globe, often involving an increased use of funded pension programmes managed by the private sector. These funded arrangements are likely to play an increasingly important role in delivering retirement income in many countries and privately managed pension assets will play an increasing role in financial markets, notably as a source of long-term savings. This annual report, which now covers 85 countries, gives an overview of private pension systems worldwide and...

June 10, 2018
Books, Management, Pension design, Regulation, ,
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