July 2023
21Jul

U.S. Public Pensions Are Building for The Long-Term. How Pension Plans Are Reacting After A Year Of Shocks.

By Ortec Finance U.S. public sector pension plans are planning ahead for the potential impact of further economic and market shocks, a new report from Ortec Finance, the leading global provider of risk and return management solutions for pension funds and other institutions, shows. Its report based on a study* of U.S. public sector pension plan managers at U.S. public sector pension plans who collectively help manage over $1.315 trillion, found 90% plan to increase spending on scenario modeling and stress...

July 21, 2023
Books, Books, Pension Management, Reports, ,
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21Jul

Reforming against the demographic clock

By Allianz Research  Allianz launched the second edition of its Global Pension Report, which analyzes 75 pension systems around the globe using its proprietary Allianz Pension Index (API). The index consists of three pillars: Analysis of basic demographic and fiscal conditions as well as determination of the sustainability (e.g. funding and contribution periods) and adequacy (e.g. degree of diffusion and pension level) of the pension system. A total of 40 parameters are considered, with values ranging from 1 (very good)...

July 21, 2023
Books, Books, Regulation, Reports, , ,
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07Jul

The 2021 Ageing Report: Underlying Assumptions and Projection Methodologies

By Directorate-General for Economic and Financial Affairs & Economic Policy Committee With a view to ensuring the sustainability of public finances in the EU, the ECOFIN Council charged the Economic Policy Committee (EPC) with producing a new set of long-term budgetary projections by 2021, on the basis of new population projections to be provided by Eurostat. Safeguarding the sustainability of public finances requires that the analysis is based on reliable, comparable information on possible challenges to fiscal sustainability, including strains...

July 7, 2023
Aging, Books, Books, Reports, , , ,
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07Jul

National survey of gig workers paints a picture of poor working conditions, low pay

By Ben Zipperer, Celine McNicholas, Margaret Poydock, Daniel Schneider & Kristen Harknett  While the concept of nontraditional, short-term, and contract work has been around since well before the digital age, it wasn’t until the 2010s that digital platform companies like Uber, DoorDash, Instacart, and TaskRabbit began to rise to prominence and shape the way we define gig work today. In the most basic terms, gig work can be defined as work done by individuals who are classified as self-employed, freelancers,...

July 7, 2023
Books, Books, Labor Market, Reports, ,
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June 2023
30Jun

ESG in DC Pensions Report

By Emma Simon & John Greenwood In recent years responsible investment strategies and the integration of environmental, social and governance (ESG) factors in the investment process have moved from a niche concern to the mainstream. In the last 12 months ESG and responsible investing have shot to the top of the agenda for pension professionals, driven by a combination of regulatory pressure, increased consumer awareness, reputation management concerns and the Covid pandemic. Greater public awareness of the relationship between investments...

June 30, 2023
Books, Books, Investing, Reports,
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16Jun

U.S public pensions are building for the long-term. How pension plans are reacting after a year of shocks

By Ortec Finance U.S. public pension plans have been through a torrid year of investment volatility, rising inflation and increasing interest rates. The Federal Reserve has raised rates nine times in succession taking the rate to 5% - the highest since 2007 – while CPI inflation climbed as high as 9.1% in June 2022. The most recent figure of 4.9% for April is good news but many analysts still expect further Federal Reserve rate rises. The series of economic shocks helps explain...

June 16, 2023
Articles, Pension Management, Reports, , ,
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16Jun

Long-Term Care Equality Index 2023

By Kelley Robinson & Michael Adams The Long-Term Care Equality Index (LEI) is a program of SAGE and the Human Rights Campaign Foundation (HRCF). The goal of the LEI is to create a network of LTCCs across the country that are providing a welcoming home for older LGBTQ+ people. The Long-Term Care Equality Index 2023 represents the first validated survey on LGBTQ+ inclusion in long-term care and senior housing communities. The Human Rights Campaign Foundation and SAGE are excited to present...

June 16, 2023
Aging, Books, Books, Reports, ,
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09Jun

Projections of the Size and Composition of the U.S. Population: 2014 to 2060

By Sandra L. Colby & Jennifer M. Ortman  Between 2014 and 2060, the U.S. population is projected to increase from 319 million to 417 million, reaching 400 million in 2051. The U.S. population is projected to grow more slowly in future decades than in the recent past, as these projections assume that fertility rates will continue to decline and that there will be a modest decline in the overall rate of net international migration. By 2030, one in five Americans...

June 9, 2023
Aging, Books, Books, Reports, , , ,
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May 2023
12May

“Milliman’s Pension Funding Index. May 2023”

By Milliman The funded status of the nation’s 100 largest corporate defined benefit pension plans decreased by $7 billion during April, as measured by the Milliman 100 Pension Funding Index (PFI). A decrease in the benchmark corporate bond interest rates used to value pension liabilities led to an increase in these liabilities of $10 billion for the month. As of April 30, the funded ratio fell to 99.5%, from 100.1% at the end of March. April saw the funding surplus...

May 12, 2023
Books, Books, Reports, System Characterization, System Sustainability, , ,
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April 2023
21Apr

Incorporating Environmental, Social and Governance (ESG) Factors into fixed income investment

By The World Bank Group  A growing body of research shows that Environmental, Social and Governance (ESG) factors are material credit risk for fixed income investors. The evidence suggests that incorporating ESG into fixed income investing should be part of the overall credit risk analysis and should contribute to more stable financial returns. Its also dispels the myth that incorporating ESG means having to sacrifice financial returns. ESG investing is increasingly becoming part of the mainstream investment process for fixed income investors, as opposed...

April 21, 2023
Reports, System Sustainability, ,
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