25% of Americans over 50 don’t expect to retire. How to start saving
About a quarter of Americans above the age of 50 say they expect to never retire as the cost of living rises f ...
UK’s opposition Labour Party commits to triple-lock pension policy
Britain’s opposition Labour Party has committed to keeping for at least five years the so-called triple lock t ...
Germany to hike pensions nationwide by 4.57%
The more than 21 million pensioners in Germany would receive a substantial 4.57 percent pension increase begin ...
Czech Republic. Government to debate proposed pension reform next week
The government is set to discuss proposed changes to the pension system on Tuesday. The proposal envisages a g ...
Mexican lawmakers approve new pension fund backed by president
Mexico's Senate approved the creation of a new pension fund on Thursday aimed at boosting payouts to the lowes ...
Nearly Half of the Largest US Pension Funds are More Than 100% Funded, Milliman Reports
Milliman, which tracks the status of the largest 100 corporate defined benefit plans in the U.S., reported tha ...
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ARTICLES
Another brick on the Wall: On the Effects of Non-Contributory Pensions on Material and Subjective Well Being
By Rosangela Bando, Sebastian Galiani & Paul Gertler Public expenditures on non-contributory pensions are equivalent to at least 1 percent of GDP in several countries in Latin America and is expected to increase. We explore the effect of non-contributory pensions on the well-being of the beneficiary population by studying the Pensiones Alimentarias program established by […]
Economic Consequences of Pension Bailouts: Evidence from the American Rescue Plan
By Michael Dambra, Phillip J. Quinn & John Wertz Multiemployer pension plans (MEPPs) provide retirement benefits for 11 million participants, yet until recently, hundreds of these pension plans – covering 3 million participants – faced insolvency. We use the 2021 passage of the American Rescue Plan Act to examine how pension bailouts affect the management […]
An Assessment of the 2019 and 2020 Pension Reforms in Mexico
By Boele Bonthuis In recent years the Mexican pension system has changed significantly. In 2019 the existing means-tested social pension was made universal – covering everyone over the age of 65 – and the benefit level increased. In 2020, the main regime of the private sector was substantially reformed, increasing contribution rates for the funded […]
NEWS
25% of Americans over 50 don’t expect to retire. How to start saving
About a quarter of Americans above the age of 50 say they expect to never retire as the cost of living rises faster than their income, according to a new AARP study. Certified financial planner Shinobu Hindert joined NewsNation’s “Morning in America” with tips on how to plan for retirement amid rising prices. Hindert says when […]
UK’s opposition Labour Party commits to triple-lock pension policy
Britain’s opposition Labour Party has committed to keeping for at least five years the so-called triple lock that guarantees rises to state pensions, if it wins the election, underscoring the importance of pensioners to the outcome of the vote. Labour have held an around 20-point lead in opinion polls over Prime Minister Rishi Sunak’s Conservative […]
Germany to hike pensions nationwide by 4.57%
The more than 21 million pensioners in Germany would receive a substantial 4.57 percent pension increase beginning on July 1, after the German Cabinet approved the adjustment in Berlin. With this increase, pensions are set to rise faster than inflation in the country. The last time pensions rose faster than inflation was in 2000. The […]
Czech Republic. Government to debate proposed pension reform next week
The government is set to discuss proposed changes to the pension system on Tuesday. The proposal envisages a gradual increase in the retirement age linked to a higher life expectancy, a different basis for calculating old-age pensions, a lower indexation of pensions and a minimum pension amounting to 20 percent of the average wage. Most […]