March 2020

Public Health and Disasters: Health Emergency and Disaster Risk Management in Asia

By Emily Ying Yang Chan, Rajib Shaw This book presents the health emergency and disaster risk management (H-EDRM) research landscape, with examples from Asia. In recent years, the intersection of health and disaster risk reduction (DRR) has emerged as an important interdisciplinary field. In several landmark UN agreements adopted in 2015–2016, including the Sendai Framework for Disaster Risk Reduction 2015–2030, the 2030 Sustainable Development Goals (SDGs), the Paris climate agreement, and the New Urban Agenda (Habitat III), health is...

February 2020

Japan’s Public Sector Balance Sheet

By Yugo Koshima This paper compiles and reviews the evolution of Japan's Public Sector Balance Sheet (PSBS). In the past, large crossholdings of assets and liabilities within the public sector played a role in sustaining a high level of public debt and low interest rates. The Fiscal Investment and Loan Fund (FILF) channeled all postal deposits and pension savings to financing of public sector borrowing. After the FILF refrom in 2000, however, the Post Bank and pension funds shifted their...

Aging Well: Solutions to the Most Pressing Global Challenges of Aging

By William A. Haseltine, Jean Galiana Meeting the healthcare and social needs of the older population is a personal challenge for millions of Americans and billions more worldwide. It is also a growing global public health challenge. Aging Well is a comprehensive study on how to support the health and well-being of older adults. This book is a must-read for every person caring for aging relatives or loved ones with disabilities. For those who read and enjoyed Atul Gawande’s Being Mortal, this...

International Handbook on Ageing and Public Policy (Handbooks of Research on Public Policy)

By Sarah Harper, kate Hamblin With the collective knowledge of expert contributors in the field, The International Handbook on Ageing and Public Policy explores the challenges arising from the ageing of populations across the globe. With an expansive look at the topic, this comprehensive Handbook examines various national state approaches to welfare provisions for older people and highlights alternatives based around the voluntary and third-party sector, families and private initiatives. Each of these issues are broken down further and...

Pensions and Legal Policy: Lessons on the Shift from Public to Private

By Amanda Cooke This monograph explores the historical position of pensions law in the UK and the recent influences which have led to the introduction of Auto-Enrolment and subsequent reforms. Alternative models, such as the US and Australia are also considered as well as the function of law in bringing about political changes. The question of saving for retirement is of national and international importance and many governments are wrestling with the issue of how to deal with the pension...

Reforming Pensions in Developing and Transition Countries (Social Policy in a Development Context)

By K. Hujo This book moves beyond technical studies of pension systems by addressing the political economy of pension reform in different contexts. It provides insights into key issues related to pension policy and its developmental implications, drawing on selected country studies in Africa, Asia, Eastern Europe, the Middle East, and Latin America. Get the book here

Challenges of Retirement Policy, Social Security Reform, and Retirement Income: A Discussion with Alicia H. Munnell, PhD

By Alicia H. Munnell, Robert Powell, Jason J. Fichtner, Teresa Ghilarducci Director of the Center for Retirement Research at Boston College, Alicia H. Munnell talked with with members of the Retirement Management Journal Editorial Advisory Board in February 2019 about the challenges of addressing retirement policy at the national level and the practical steps advisors can take to help support their clients in retirement. Source: SSRN

December 2019

State Pension Funds Reduce Assumed Rates of Return

State and local public employee retirement systems in the United States manage over $4.3 trillion in public pension fund investments, with returns on these assets accounting for more than 60 cents of every dollar available to pay promised benefits. About three-quarters of these assets are held in what are often called risky assets—stocks and alternative investments, including private equities, hedge funds, real estate, and commodities.1 These investments offer potentially higher long-term returns, but their values fluctuate with ups and...

UK. How Boris Johnson’s election win will affect your pension

The Conservatives’ decisive election victory should give the next UK government a better chance of passing new laws to tackle difficult domestic issues. Many pressing issues have been put on the backburner since Britain voted to leave the EU in 2016. Not only has Brexit dominated much parliamentary debate—which may continue—but also weak or non-existent majorities have made passing any legislation harder. One issue the Conservatives could move to address is pension reform, which featured little in the campaign but could...

France pensions overhaul to go ahead despite huge protests

The French government has vowed to press ahead with its overhaul of the pensions system despite a hardening nationwide strike that will keep transport at a standstill next week amid another round of planned massive street protests. Four days after at least 800,000 people took part in one of the biggest demonstrations of trade union strength in a decade on Thursday, transport remained virtually at a halt over the weekend as the president, Emmanuel Macron, held talks with ministers...