2022 Archives - Page 15 of 137 - Pension Policy International

21NovNovember 21, 2022

US. As Biden turns 80, people ask ‘What’s too old?

Joe Biden turns 80 on Sunday, making him the first octogenarian president in U.S. history. He is set to celebrate his birthday with a brunch hosted by his wife, Jill, a celebration that got an extra lift this weekend with his granddaughter's wedding at the White House on Saturday. With Biden already the oldest person to serve as president, the 2024 race for the White House is shaping up to be uncharted territory for the United States. The nearly 250-year old...

November 21, 2022

News2022, Aging, US

21NovNovember 21, 2022

Japan seen setting 2023 pension rise below inflation

Japan is expected to curb pension payment rises at rates below that of inflation, according to Nippon Life Insurance's research arm. NLI Research Institute has forecast an inflation rate of 2.5% for full-year 2022, but it expects the government to set the increase in pension payments for those aged 68 and above at only 1.8% for next year. It expects those aged 67 and younger to get a pension rise of 2.1% in 2023. Although there are worries that the financial...

November 21, 2022

News2022, Defined Benefit, Inflation, Japan

21NovNovember 21, 2022

India. Government pension funds need more lucrative investment avenues to quell controversy between old and new schemes

By Gautam Mukherjee When the Vajpayee administration introduced the new pension system (NPS) for Central and other government employees commencing on 1 January 2004, the motivation was to ensure long-term viability. It is mandatory for the Central government employees and a few other entities. Much greater longevity had complicated the calculations on the old pension system (OPS). The threat of a bankrupt state defaulting on pensions, such as West Bengal, Kerala or Punjab today, was already beginning to loom large in...

November 21, 2022

News2022, India, Investment, Pension Management, State Pensions

16NovNovember 16, 2022

Economic growth, wealth, and wellbeingIs there an intergenerational divide?

By Miguel Artola Blanco This paper reviews the main mechanisms that explain the growing divergence in economic well-being between age groups. The changing patterns in the labour market are well documented and consistently show that young workers have been negatively impacted by the reductions in relative skill premiums, the rise of new forms of contracting (part-time and freelance), and the growing weight of unemployment. Wealth inequalities are also rising, not only for the most obvious transmission channel (savings) but also...

November 16, 2022

Articles, Mercado Laboral, Mercado Laboral2022, Ahorro, Igualdad, Ingreso, Seguridad Social

16NovNovember 16, 2022

Financial System: Challenges and Opportunities of Digital Transformation in Mexico

By Vanessa Veintimilla Brando & Daniel Miranda Lopez This work aims to understand the implications that financial technology represents for the Mexican financial system. Considering that the adoption of new technologies in the financial system (Fintech) is increasing, a novel and complex context has arisen with diverse implications in various aspects such as education, infrastructure, and the regulatory and supervisory framework needed to ensure a healthy development of the financial system. Although it has been shown that digitization brings...

November 16, 2022

Articles, Innovation2022, Education, Financial Inclusion, Mexico, Regulation

15NovNovember 15, 2022

The Nobel laureate, Paul Krugman and other experts will celebrate 25th anniversary of the Mexican pension system at Encuentro Amafore 2022

Encuentro Amafore 2022 will take place at the Citibanamex Center on the 16 and 17 of November, with keynote speeches by the 2008 Nobel Prize in Economics, Paul Krugman; 2004 Pulitzer Prize-winning historian and geopolitical expert Anne Applebaum; the political scientist, writer and professor at Stanford University, Francis Fukuyama; and the Director of Strategic Alliances and Contents of América Móvil, Arturo Elías Ayub. It will also feature keynote addresses by the director of strategic functions at BlackRock, Peter Fisher; Franklin...

November 15, 2022

News2022, ESG, Financial Inclusion, Innovation, Mexico, Pension Management, Regulation

11NovNovember 11, 2022

Preparing for Retirement Reforms

By Karen E. Smith, Eugene Steurele, Damir Cosic Each of the three pillars of the US retirement system—Social Security, employer pensions, and private savings—suffers from serious problems that could threaten the financial security of future retirees. Social Security is at risk of becoming insolvent. If policymakers fail to act, Social Security benefits will be cut by about 25 percent starting in 2035, and even with reform, some combination of a slowdown in benefit growth for retirees and higher taxes on...

November 11, 2022

Articles, Pension design2022, Financial Literacy, Pension Reform, Social Security, Taxation, US

11NovNovember 11, 2022

Future-Proof Work? The Experiences of Gig Economy Workers in the Philippines

By Christopher Ed Caboverde & John Paul Flaminiano The COVID-19 pandemic caused massive disruptions in the job market. This also puts the "gig economy" in the spotlight since many workers are seeing it as a viable career option, and are considering leaving their 9-to-5 jobs to pursue a career there. Even before the pandemic, the gig economy forms a significant portion of the workforce in different countries. This paper aims to understand the journey and experiences of location-dependent and purely...

November 11, 2022

Articles, Labor Market2022, Informal Sector, Philippines, Social Security

09NovNovember 9, 2022

Quiénes son los repartidores en América Latina? Un análisis comparativo del perfil de los trabajadores en Argentina, Perú, Colombia, Ecuador y México

Por Iván Federico Montes de Oca En esta ponencia se realiza una comparación de las principales características sociodemográficas y las condiciones laborales generales de los trabajadores del reparto en México, Colombia, Ecuador, Perú y Argentina. A partir del relevamiento de fuentes secundarias se observa que el perfil de los repartidores presenta características similares, siendo mayormente hombres jóvenes de origen migrante y con estudios avanzados. La pregunta general que se realiza consiste en comprender si se puede establecer una relación entre...

November 9, 2022

Artículos, Caracterización del Sistema2022, América Latina, Igualdad, Ingreso

09NovNovember 9, 2022

El porvenir de la vejez: demografía, empleo y ahorro

Por María Amparo Cruz Saco, Bruno Seminario, Favio Leiva, Carla Moreno & María Alejandra Zegarra ¿Cuál es la visión de largo plazo y cuáles son las estrategias para asegurar el bienestar de los adultos mayores? ¿Cuál es el sistema de ahorro previsional que mejor se adecúa a la sociedad y economía peruanas? Solo si disponemos de una amplia información y realizamos un profundo análisis podremos responder satisfactoriamente a tan difíciles preguntas. Este libro presenta un examen de las tendencias demográficas,...

November 9, 2022

Envejecimiento, Envejecimiento, Libros, Libros2022, Empleo, Reforma de Pensiones, Sostenibilidad

November 2022