By Puren Demirel This study reviews the labor-market effects of policies aimed at regularizing irregular migrants, with particular emphasis on amnesty programs and access to legal employment. Drawing on the existing literature and country experiences, it examines the mechanisms through which regularization may affect migrants, local workers, employers, and the broader economy. The analysis highlights […]

By Sebastien Hitier We study the optimal decumulation of a UK pension pot for an expatriate holder who is tax-resident in a jurisdiction that does not tax investment income or gifts. Because the pension wrapper offers no ongoing tax shelter to heirs, the holder’s sole objective is to minimise the expected present value of lifetime […]

By Ravi Saraogi & Pushpinder Singh Framework: We adopt a partial annuitisation framework in which a fraction of the retirement corpus is used to purchase an immediate life annuity, while the remainder is retained in a self-managed portfolio. Using a bootstrap Monte Carlo approach with Indian equity, debt and inflation data, we simulate retirement paths […]

For a half-century, Congress has been offering middle- and working-class Americans options for tax-advantaged individual retirement savings, largely to compensate for the disappearance of traditional pensions. But the transition from so-called defined benefit pensions to defined contribution accounts such as 401(k) plans and individual retirement accounts hasn’t worked for millions of Americans. Roughly 40% of […]

Millions of pensioners in Germany are struggling to make ends meet due to fixed incomes, rising costs of housing, utilities, and healthcare, and inadequate retirement savings as the country undergoes a period of economic stagnation. In Germany, the risk of poverty generally does not refer to extreme poverty as seen in some developing countries, but […]

Gig workers working for e-commerce platforms like Zomato, Swiggy, Blinkit, and Urban Company can also receive pensions. A new framework has been introduced under the National Pension System (NPS), allowing these workers to start their retirement fund with a small contribution of just ₹99. The Pension Fund Regulatory and Development Authority (PFRDA) announced this new […]

The survey, which polled more than 500 DC plan sponsors, found employers are asking their DC plans to deliver more than ever, including enhancing the employee experience (69 per cent) and improving retirement outcomes (63 per cent). Three in four ranked retirement savings as a core or top priority within total rewards. However, the survey […]