Public Policy Archives - Page 2 of 31 - Pension Policy International

31JulJuly 31, 2024

When Institutions Interact: How the Effects of Unemployment Insurance are Shaped by Retirement Policies

By Matthew Gudgeon, Pablo Guzman, Johannes F. Schmieder, Simon Trenkle & Han Ye This paper shows empirically that the non-employment effects of unemployment insurance (UI) for older workers depend in a first-order way on the structure of retirement policies. Using German data, we first present reduced-form evidence of these interactions, documenting large bunching in UI inflows at the age that allows workers to claim their pension following UI expiration. We then estimate a dynamic life-cycle model and use it to...

July 31, 2024

Articles, Labor Market2023, Germany, Labor Market, Public Policy, Social Security

24JulJuly 24, 2024

US. AARP reveals proposals for national plan on aging

AARP, the interest group advocating for the wellbeing of older Americans, revealed in a policy paper this month its priorities for a national plan on aging that sufficiently recognizes the changing demographics of the U.S. population, and the trend that will see 20% of all Americans become at least the age of 65 by 2030. “While other countries are responding to these changes by developing and implementing national strategic plans to help them meet the challenges and maximize opportunities to increase...

July 24, 2024

NewsAging, Public Policy, US

24JulJuly 24, 2024

Ageing societies require holistic approach to fiscal policy making

Several Asia Pacific countries are ageing fast due to falling birth rates and people living longer because of access to better healthcare. This is not unique to the region and is part of a global megatrend. What is unique, however, is the speed at which these Asia Pacific countries are becoming aged societies. As a comparison, while France and Sweden took 115 and 85 years, respectively, to progress from being an ageing society (with 7-14 per cent of the population aged...

July 24, 2024

NewsAging, Asia, Public Policy

24JulJuly 24, 2024

Breaking the Vicious Circles of Informal Employment and Low-Paying Work

By Organisation for Economic Co-operation and Development This report adds two perspectives on informality. First, it disassembles the mechanics of the deleterious links between informal employment, low-paying work and low skills. It shows that informal employment is highly persistent, and that the vulnerability of informal workers is passed on to their children in the absence of adequate education, skills and social protection policy. Second, the report underscores the double burden of informality and low-paying work that a large share of...

July 24, 2024

Books, Books, Labor Market, Reports2024, Income, Informal Sector, Public Policy

15JulJuly 15, 2024

US. The $25 Trillion System of Retirement Savings Needs Fixing

Few Americans today know much about Studebaker or Packard automobiles. Classic car aficionados recall their sleek, innovative designs, but the brands are also a reminder of another bygone era: the traditional defined benefit pension. Studebaker and Packard merged in 1954 and later went out of business. Their pension plans were terminated, leaving thousands of workers without their expected benefits. That, along with other pension plan failures, prompted efforts to make retirement savings safer, culminating in federal legislation that has shaped much...

July 15, 2024

NewsPension Reform, Public Policy, Regulation, US

15JulJuly 15, 2024

Pensions policy under the UK’s new Government

The Labour Party returned to office for the first time in 14 years after the UK general election on 4 July 2024. Our briefing note collates what Labour politicians said about pensions policy in the heat of the election campaign, in the run-up to it, and during their first few days in government. Pension investments/consolidation: Like her predecessor, the new Chancellor, Rachel Reeves, has indicated that she wants more pension assets to be invested in UK “productive capital”, and lists this...

July 15, 2024

NewsPublic Policy, UK

05JulJuly 5, 2024

Pensions industry awaits review as Labour wins UK election

After a landslide election win last night, the UK will be looking to Labour to advance key priorities within the pensions industry, including a promise to “review the current state of the pensions and retirement savings landscape”, as per the party’s manifesto. Morten Nilsson, chief executive officer of Brightwell (former BT Pension Scheme Management, the asset management arm of the UK’s largest corporate defined benefit pension scheme), said: “A top priority for the new Labour government will be getting the planned pensions review under way.” He...

July 5, 2024

NewsPublic Policy, Regulation, UK

24JunJune 24, 2024

Thailand becomes first South-East Asian country to legalise same sex marriage

Thailand has become the first nation in South-East Asia to legalise same sex marriage, with the country's Senate approving the landmark bill on Tuesday afternoon. The legislation was expected to pass after it cleared the country's House of Representatives in a near-unanimous vote in March. Despite Thailand's bustling gay bars and prominent transgender community making it a mecca for LGBTQ+ tourists, until now local same-sex couples there have been unable to marry. The law will take effect 120 days after its announcement in the...

June 24, 2024

NewsLGBT, Public Policy, Thailand

21JunJune 21, 2024

Providing inclusive services and care for LGBT people

By National LGBT health education center A visit to a health care facility can make people nervous for any number of reasons. Some people may be uncomfortable revealing sensitive information to health care professionals who need it to provide certain services. Others find it difficult to talk about private health concerns. Creating an environment in which these conversations are more comfortable for the patient is an important goal for all health care staff. Because health care is for everyone, we...

June 21, 2024

Books, System Characterization2023, Health, Healthcare, LGBT, Public Policy

21JunJune 21, 2024

LGBTQ Retirement Communities and Cities in the US

By Maureen Stanley In this article, we’ll discuss LGBTQ senior living options and essential questions to consider as you search for a place to spend your golden years. We’ll also detail LGBTQ-oriented retirement communities across the United States and top cities embracing LGBTQ elders. Source SeniorLiving

June 21, 2024

Articles, System Characterization2024, LGBT, Public Policy, Retirement Planning, US

July 2024

June 2024