Labor Market Archives - Page 25 of 39 - Pension Policy International

26JulJuly 26, 2022

Shifting Our Aging Society From A Burden To An Asset

Each year the World Economic Forum publishes its Global Risks Report, which aims to outline the biggest threats facing society in the year ahead. The 2022 edition features many common sights, including climate action failure, extreme weather, and biodiversity loss. Such catastrophic events often succumb to the so-called availability heuristic, whereby we're naturally drawn to the things we're familiar with. In the case of the kind of threats posed in the Global Risks report, these are all risks that...

July 26, 2022

News2022, Aging, Labor Market

25JulJuly 25, 2022

China’s population to start to shrink before 2025: Global Times

China's population growth rate has slowed significantly and is expected to turn negative ahead of 2025, the state-backed Global Times reported, citing a senior health official. Birth data released late on Sunday showed that the number of new births in 2021 was the lowest in decades in several provinces. The number of births in the central Hunan Province fell below 500,000 for the first time in nearly 60 years, the Global Times said. Only China's southern Guangdong Province had more than...

July 25, 2022

News2022, Aging, China, Labor Market

11JulJuly 11, 2022

Finns consider immigration best way to consolidate pension system – Survey

Raising the pension contributions of employees and employers was the second most popular means to consolidate the funding of pensions, with 34 per cent of respondents regarding it as a good or fairly good idea and 35 per cent as a bad or fairly bad idea. A little over a quarter (26%) of respondents voiced their support for and 37 per cent their reservations about taking on greater risks when investing pension funds. “Finns are somewhat surprisingly not supportive of...

July 11, 2022

News2022, Finland, Labor Market, System sustainability

28JunJune 28, 2022

US. Gender gaps in retirement readiness and financial know-how persist, despite strides made by women in last 50 years

Despite the economic and professional gains made by women over the last 50 years, gender gaps persist — and not just in rate of pay. Retirement readiness and financial know-how are key areas with notable gaps, according to two studies recently released by the TIAA Institute. For example, among workers in TIAA’s system, men contributed a median $8,271 to their workplace retirement plan in 2020, compared with $5,994 for women. While that 27% gap is less than the 34% difference...

June 28, 2022

News2022, Gender Gap, Labor Market, US

17JunJune 17, 2022

LGBT CEOs and stock returns: Diagnosing rainbow ceilings and cliffs

By Savva Shanaev, Arina Skorochodova & Mikhail Vasenin This study is the first to investigate the implications of lesbian, gay, bisexual, and transgender chief executive officers (LGBT CEOs) for stock performance, using an exhaustive sample of 26 LGBT publicly listed company CEOs since 2000 to document statistically and economically significant financial outperformance of LGBT-led firms. Stocks of companies with openly LGBT CEOs generate a monthly alpha of 0.69%-1.08%, robust to portfolio weighting schemes, estimation frequency, multi-factor asset-pricing models, factor multicollinearity,...

June 17, 2022

Articles, Investment, Pension Management2022, Corporate Governance, Equality, ESG, Labor Market

17JunJune 17, 2022

Aussie aged pensioners call for opportunity to work more hours

A growing number of Aussie seniors still working after retirement age are calling for the opportunity to work more hours without being penalised for it. A group of pensioners have told A Current Affair they're willing to help fill Australia's labour void, but the problem is that if they work too many hours, it will affect their pension. "If I work an hour over my 30 hours a fortnight, it changes my pension quite a bit," dementia specialist and senior Betty...

June 17, 2022

News2022, Aging, Australia, Labor Market, Retirement Age

01JunJune 1, 2022

25% of Americans are delaying retirement due to inflation, survey finds

Americans’ finances are being squeezed as inflation pushes up prices on things such as rent, groceries and gasoline. As a result, one-quarter of Americans will have to delay their retirement, according to the BMO Real Financial Progress Index, a quarterly survey conducted between March 30 and April 25. Putting off retirement plans is mostly due to disrupted savings from increased prices, the survey found. Thirty-six percent of survey respondents have reduced their savings and 21% are putting away less for retirement...

June 1, 2022

News2022, Income, Labor Market, US

20MayMay 20, 2022

UK. People with disabilities ‘have pension savings worth third of average pot’

Pension savers with disabilities typically have savings worth only around a third of the average pot as they approach retirement, a study has found. People aged 60 to 64 with a disability have £47,980 saved on average, according to research by the Pensions Policy Institute. This is only around 36% of the average UK pension pot size of £130,928 – a difference of nearly £83,000. The research was commissioned by pension provider NOW: Pensions, which said there are just over four million...

May 20, 2022

News2022, Equality, Labor Market, UK

04MayMay 4, 2022

Luxembourg. Number working beyond retirement age doubles in decade

The number of people continuing to work beyond retirement age in Luxembourg has doubled in the last decade, according to figures released in response to a parliamentary question on Monday, after reforms aimed at incentivising older workers to stay in the labour market. Luxembourg's official retirement age is 65, but people can take early retirement at 57 or 60, depending on their level of contributions. The number of people continuing to work after receiving pension payments increased sharply in both...

May 4, 2022

News2022, Aging, Labor Market, Luxembourg

19AprApril 19, 2022

China may see negative population growth in 2022, 12 years earlier than UN prediction: experts

Experts said that population aging may lead China to count more deaths than births in 2022, 12 years earlier than the UN predicted. They suggested boosting commercial insurance to support the elderly given the current inadequate old age welfare system. Chinese people aged over 65 have surpassed 14% of the total population in 2021, which is an important indicator and means the country has formally become an aged society, said Zheng Bingwen, director of the Center for International Social Security...

April 19, 2022

News2022, Aging, China, Labor Market

July 2022

Shifting Our Aging Society From A Burden To An Asset

China’s population to start to shrink before 2025: Global Times

Finns consider immigration best way to consolidate pension system – Survey

June 2022

US. Gender gaps in retirement readiness and financial know-how persist, despite strides made by women in last 50 years

LGBT CEOs and stock returns: Diagnosing rainbow ceilings and cliffs

Aussie aged pensioners call for opportunity to work more hours

25% of Americans are delaying retirement due to inflation, survey finds

May 2022

UK. People with disabilities ‘have pension savings worth third of average pot’

Luxembourg. Number working beyond retirement age doubles in decade

April 2022

China may see negative population growth in 2022, 12 years earlier than UN prediction: experts