admin, Author at Pension Policy International

31JulJuly 31, 2020

El sistema de pensiones en la Argentina: Institucionalidad, gasto público y sostenibilidad financiera

Por Osca Cetrángolo,Carlos Grushka Este documento ofrece una descripción del sistema de pensiones en Argentina, su organización institucional, evolución reciente, cobertura, gasto público en sus diferentes componentes y un análisis de su sostenibilidad financiera. Teniendo en cuenta la acentuada fragmentación del sistema (donde existe un amplio desarrollo de diversos esquemas contributivos, semicontributivos y no contributivos), el análisis se ha detenido en los rasgos y la diferente situación de cada uno de sus componentes, así como en la elevada...

July 31, 2020

Libros, Reportes, sosteninbilidad del sistema2020, Argentina, Fondeo, Política Pública, Protección Social

30JulJuly 30, 2020

Healthy Ageing & Financial Security

By The Economist Intelligence Unit. A 2020 Economist intelligence Unit Study considers policy efforts to addres active and Inclusive ageing in the 19 countries of the G20, based on a custom index that benchmarks each country´s performance across different aspects, including healthy ageing, inclusive environments and fi nance security practices and policies. Source: Ageing Shift

July 30, 2020

Aging, Articles2020, Health, Public Policy

30JulJuly 30, 2020

Healthy Ageing & Financial Security

By The Economist Intelligence Unit. A 2020 Economist intelligence Unit Study considers policy efforts to addres active and Inclusive ageing in the 19 countries of the G20, based on a custom index that benchmarks each country´s performance across different aspects, including healthy ageing, inclusive environments and fi nance security practices and policies. Source: Ageing Shift

July 30, 2020

Aging, Articles2020, Health, Public Policy

30JulJuly 30, 2020

Health and Aging Before and After Retirement

By Ana Abeliansky, Holger Strulik In this paper, we investigate health and aging before and after retirement for speciﬁc occupational groups. We use ﬁve waves of the Survey of Health, Aging, and Retirement in Europe (SHARE) dataset and construct a frailty index for elderly men and women from 10 European countries. We classify occupation by low vs. high education, blue vs. white collar color, and by high vs. low physical or psychosocial job burden. Controlling for individual ﬁxed effects,...

July 30, 2020

Aging, Articles2020, Europe, Health

30JulJuly 30, 2020

How much to save? decision costs and retirement plan participation

By Jacob Goldin, Tatiana Homonoff, Richard W. Patterson, William L. Skimmyhorn Deciding how much to save for retirement can be complicated. Drawing on a field experiment conducted with the Department of Defense, we study whether such complexity depresses participation in an employer-sponsored retirement saving plan. We find that simplifying one dimension of the enrollment decision, by highlighting a potential rate at which non-participants might contribute, increases participation in the plan. Similar communications that did not include a highlighted rate...

July 30, 2020

Articles, Pension design, Savings2020, Behavioral Science

30JulJuly 30, 2020

China’s Policy Instruments : Tax Reduction, Retirement Prolonging and Welfare Changes

By Peilin Yang China is facing a series of signiﬁcant debt problems. We have studied the changes in debt and beneﬁts under different policy instruments under the framework of large-scale OLG. Under the three retirement ages, as the retirement age increases, the maximum increase in beneﬁts is 17.98%, and the debt is 75.69%. Under the ﬁve tax rates, the optimal tax rate is 28%, the maximum increase in beneﬁts is 22.65%, and the maximum debt ratio is 75%. Source:...

July 30, 2020

Articles, Pension design, Regulation2020, Asia, China, Public Policy, Taxation

30JulJuly 30, 2020

Latin America Eyes Pension Billions as Welfare Alternative

Colombia is the latest Latin American country considering a plan to let workers to tap private pension savings, a move intended to soften the slump in consumer spending but which risks worsening some of the world’s deepest stock market slumps. A bill sent to congress this week would allow some Colombians to tap as much as 10% of their retirement savings. Read also Australians likely to withdraw $30 billion from pensions to weather coronavirus Chile passed a similar measure this...

July 30, 2020

News, Slider2020, Latin America, Withdrawals

30JulJuly 30, 2020

Greece to return 1.4 bln euros to pensioners hit during debt crisis

Greece will this year return 1.4 billion euros to pensioners whose income was slashed during the financial crisis of the past decade, the country's prime minister said on Wednesday. Prime Minister Kyriakos Mitsotakis' conservative government made the decision following a top court ruling which said that some pension cuts imposed in 2015-2016 were illegal. Mitsotakis said the one-off payment applies only to main pensions - not supplementary pensions or benefits. The money will be distributed to about 2 million...

July 30, 2020

News, Slider2020, Coronavirus, Greece, Social Protection

30JulJuly 30, 2020

Australians likely to withdraw $30 billion from pensions to weather coronavirus

Already one million Australians have applied to pull up to A$20,000 each from their retirement savings, industry data showed, while thousands of eligible workers have depleted their savings completely. The long-term consequences could be devastating for many people, an industry group said. About A$42 billion (23.17 billion pounds) is expected to be withdrawn under the government scheme giving early access to retirement savings to support a coronavirus-hit economy, according to treasury analysis. That is 56% more than the government's...

July 30, 2020

News, Slider2020, Australia, Withdrawals

30JulJuly 30, 2020

Best quarter on record for Canadian defined benefit pension plans: RBC Investor & Treasury Services

Canadian defined benefit pension plans experienced a pronounced upsurge in the second quarter, posting a median return of 9.6 per cent, according to the RBC Investor & Treasury Services All Plan Universe. This marked the highest single quarter return in the universe's history, reversing the steep Q1 losses and raising the median plan's return to 1.4 per cent on a year-to-date basis. The gains followed a series of aggressive fiscal and monetary support measures introduced in March to...

July 30, 2020

News, Slider2020, Canada, Coronavirus, COVID-19, Defined Benefit

July 2020