December 2025
05Dec

Exploring the awareness, preparedness and the state of pension among informal workers in Ghana

By Moses Segbenya, Jennifer Onomah, Raymond Kangmennaang & Esther Grantson The study explored the awareness, preparedness, and the state of pensions among informal workers in Ghana. The interpretive approach and the exploratory research design were used for this study. The snowball and purposive sampling techniques were adopted to select 45 informal workers in Ghana and two management members of a pension scheme in Ghana. Data gathered was transcribed, coded and analysed with the qualitative interpretative analytical framework. The study found that the majority of...

December 5, 2025
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05Dec

The working life course of aging LGBTQ workers: An intersectional perspective and a theoretical framework

By Raphael Epper-Hattab & Bryndís D Steindórsdóttir  Aging LGBTQ workers represent a unique and diverse population of workers who have struggled with homophobic and transphobic social constructions and a prolonged invalidation of their identities, stemming from periods when social exclusion and discrimination dominated their lives. These challenges have imposed multifaceted marginalization not only on their life patterns but also on their occupational trajectories and interpersonal relationships at work. Against this backdrop, drawing attention to characteristics of the occupational careers of...

December 5, 2025
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05Dec

Japan’s Aging Workforce: Determinants and Outlook

By Sagiri Kitao & Nozomi Takeda This paper examines recent trends in the Japanese labor market, with a particular focus on the elderly workforce. Japan's elderly employment rates are notably high compared to other OECD countries and have increased significantly over the past two decades. To investigate the factors that affect the employment of old individuals, we develop a structural life-cycle model with consumption-saving decisions and endogenous labor supply in both intensive and extensive margins. The model is calibrated to...

December 5, 2025
Aging, Articles, , ,
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November 2025
28Nov

Financial sustainability for the expansion of non-contributory pension systems and the eradication of old-age poverty

By Alberto Arenas de Mesa, Ernesto Espíndola & Juan Ignacio Vila Income protection is a substantive factor and a priority of social protection systems in Latin America and the Caribbean, in particular at either end of the life cycle (i.e. childhood and old age). This is due to the greater vulnerability and lower earning capacity of these population segments compared with other age groups, among other factors (Santos Garcia, Farías and Robles, 2023). In these circumstances, pension systems, in particular...

November 28, 2025
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28Nov

The Cost of Waiting for Nationality: Impact on Immigrant’s Labor Market Outcomes in Spain

By Yanina Domenella In this paper, I examine the impact of administrative delays in obtaining Spanish nationality on the long-term labor market outcomes of legal immigrants. Using Social Security data from 2006 to 2019 and an instrumental variable strategy, I find that longer delays in nationality acquisition result in significantly lower accumulated earnings over a ten-year period, driven by both lower wages and fewer days worked. Specifically, one additional year of delay reduces accumulated earnings over 10 years by 3.8...

November 28, 2025
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28Nov

Retirement Planning among Female Workforce in Malaysia and China

By Jing Yuan, Kim Mee Chong, Ivy Siaw Hung Hii & Hao Lun Li A phenomenon has emerged whereby the life expectancy of women is 74.2 years, and men's is 69.8 years. Hence, it is crucial to encourage early retirement planning among women.  This study aims to explore the factors that influence retirement planning awareness and readiness among women in Malaysia and China. A self-administered online questionnaire was completed by 100 Malaysians and 200 Chinese. Using IBM SPSS and SmartPLS,...

November 28, 2025
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21Nov

Enhancing Efficiency of Pension Schemes through Effective Risk Governance: A Kenyan Perspective

 By Sylvester Willys Namagwa The efficiency of pension schemes in Kenya invites elevated interest owing to the increasing pension contribution amounts and the expectation that benefits paid out of these schemes would protect members from old age poverty. The study investigates the intervening effect of risk management on the relationship between corporate governance and the efficiency of pension schemes in Kenya. The study employs panel data consisting of 896 observations from 128 schemes in a sample period from 2015 to...

November 21, 2025
Articles, Pension Management, ,
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21Nov

The Aftermath of the Pandemic Retirement Boom

 By Lei Fang, Paul Mohnen & David Lee The labor force participation rate experienced a sharp drop during the pandemic, from which it has yet to fully recover. This shortfall can be attributed to a persistent decline in labor force participation among people aged 55 and older. In this blog post, we show that excess retirements relative to prepandemic and higher population shares of retirement-age individuals have both contributed to the decline in the labor force participation rate of older...

November 21, 2025
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21Nov

How to Understand Pension Systems and Social Security? The ABCs of Pensions in Latin America and the Caribbean

By Waldo Andres Tapia Troncoso & Daniel Gamboa Rinckoar Pension systems are fundamental pillars of both present and future well-being for populations in any society. But what exactly are they, and how do they work in Latin America and the Caribbean? In this article, we break down the "ABCs"—the essential basics you need to understand pension systems in the region. We also provide a guide to their structure, how they function, and the challenges they face in the Latin American and...

November 21, 2025
Articles, Pension design, , ,
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14Nov

Digital finance and retirement planning: The role of information cost reduction and trust enhancement channels

By Liang Liu & Zhen Ju With the rapid development of digitalization, retirement decisions are increasingly being mediated by digital finance platforms, which help individuals in effectively managing and planning their retirement. Existing literature primarily focuses on the impacts of financial literacy, risk attitudes, and awareness of retirement goals. Using data from the 2015 China Household Finance Survey, we investigate the effect of digital finance on household retirement planning. Our analysis reveals that digital payment lowers the acquisition cost of pension finance...

November 14, 2025
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