August 2026

España. Los fondos de pensiones perderán 74.000 millones hasta 2040 si no se incluyen incentivos

Los fondos de pensiones perderán 74.000 millones de ahorro a largo plazo hasta 2040 si no se incluyen "nuevos incentivos" o se revierten las limitaciones actuales a las aportaciones, según la patronal del sector. Por ello, la Asociación de Instituciones de Inversión Colectiva y Fondos de Pensiones (INVERCO) ha señalado que los planes de pensiones individuales y los fondos de inversión deberían estar incluidos entre los productos de la etiqueta y de la cuenta de ahorro e inversión europea (CAI)...

México. Desconocen adultos destinos de afores

La falta de información sobre las cuentas de Afore mantiene a adultos mayores sin conocer el destino de los recursos que acumularon durante sus años de trabajo. En algunos casos, pasan años desde la jubilación sin que los titulares sepan cuánto tienen ahorrado o siquiera en qué administradora se encuentra su dinero. Recientemente, la Suprema Corte de Justicia de la Nación (SCJN) resolvió sobre los recursos de las cuentas individuales que no han sido reclamados y que pueden ser transferidos...

South Korea. Elderly income up 80% in a decade, but pension gap triples

South Korea's elderly are moving away from relying on allowances from their children, with public pensions — the national pension and the basic pension — becoming the primary source of income in old age. Annual income per elderly person rose roughly 80 percent over the past decade driven by public pensions, and the share of seniors receiving both the national pension and the basic pension nearly doubled. Yet the income gap between those receiving the national pension and those dependent solely...

Cyprus. Pension reform to bring increases for all retirees, minister says

All pensioners will receive increases under the government’s planned pension reform, with those on lower pensions set to benefit the most, Labour Minister Marinos Mousiouttas said on Sunday. In interviews with newspapers Phileleftheros and Kathimerini, Mousiouttas said the reform – the first major overhaul of the system since 1980 – was intended to create a fairer, more modern and sustainable pension system. Increases will be calculated according to factors including the number of years worked and contributions paid, with proportionally greater...

US. Successfully Aging: The economic contributions of people aged 50 years and older

Q. I continue to read that our seniors are a drain on the economy with the costs of Social Security, Medicare, Medicaid, and other government age-related programs. I don’t want to feel guilty because I certainly do my part. Can you provide another side of the story? Thanks. B.K. Thank you for that very important question. Clearly, the programs you mentioned are a significant part of our government’s budget and expenses. However, there is another side to the story. It’s called...

The best time to think about your pension is before you need one

If you’re in your 20s or 30s, retirement may be the least urgent item on a long and expensive financial to-do list. Paying the rent or a mortgage comes first. There may be student loans or credit-card balances to pay off. You might be trying to build an emergency fund or save for a first home. Add higher grocery bills, and retirement can easily become a problem for your future self. That feeling is understandable. Canadians aged 25 to 44 have...

Multiemployer Pension Funding Study: Midyear 2026

By Tim Connor, Rex Barker, Timothy Herman & Nina Lantz The results in this study were derived from publicly available IRS Form 5500 data filed through June 2026 for all multiemployer DB plans, numbering around 1,200 plans. Data for a limited number of plans that clearly were erroneous was modified to ensure that the results were reasonable and a sufficiently complete representation of the multiemployer universe. Such adjustments were associated with an immaterial number of plans. Liability amounts were based on...

Being single in retirement – a key issue for the Pensions Commission?

By LCP The paper considers whether pensions policy is keeping pace with these changes and explores different approaches for the Pensions Commission to consider. These include strengthening pension saving for lower-earning partners, reviewing pension-sharing arrangements following the breakdown of cohabiting relationships, assessing the impact of no-fault divorce reforms, and exploring whether joint-life annuities should become the default. Get the report here

The Global Transition – The Impact of Demographics and AI on Economic Power

By Seth Benzell, Laurence J. Kotlikoff & Victor Yifan Ye This study deploys a multi-region, dynamic life-cycle, general equilibrium model to assess demography’s impact, through the course of this century, on global development. Our model’s 17 regions encompass more than 150 countries comprising 99% of the world’s population. Output is produced with three labor skill groups and internationally-mobile capital, with each country deciding annually whether to adopt its frontier automation technology. Our model features region-specific fiscal policy, TFP growth, and...

Job displacement and the health of older adults: Evidence from China

By Xiaoyun Zhang & Yiyang Luo This paper investigates the long-term consequences of involuntary job displacement on multidimensional health outcomes among middle-aged and older adults in urban China, using the 2014 China Health and Retirement Longitudinal Survey (CHARLS) Life History Questionnaire. To address the endogeneity of job loss, we exploit business closures, position cancellations, and layoffs during the state-owned enterprises (SOEs) reforms in the late 1990s as exogenous labor market shocks and employ Propensity Score Matching (PSM) to control for...