June 2023
23Jun

Understanding issues facing LGBT older adults

By Movement Advancement Project & Sage It is estimated that there are approximately 2.7 million LGBT adults aged 50 and older in the United States, 1.1 million of whom are 65 and older. Understanding Issues Facing LGBT Older Adults provides an overview of their unique needs and experiences so that service providers, advocates, the aging network, and policymakers can consider these factors when serving this population or passing laws that impact older adults and the LGBT community. Read book “here”

June 23, 2023
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16Jun

Long-Term Care Equality Index 2023

By Kelley Robinson & Michael Adams The Long-Term Care Equality Index (LEI) is a program of SAGE and the Human Rights Campaign Foundation (HRCF). The goal of the LEI is to create a network of LTCCs across the country that are providing a welcoming home for older LGBTQ+ people. The Long-Term Care Equality Index 2023 represents the first validated survey on LGBTQ+ inclusion in long-term care and senior housing communities. The Human Rights Campaign Foundation and SAGE are excited to present...

June 16, 2023
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09Jun

Projections of the Size and Composition of the U.S. Population: 2014 to 2060

By Sandra L. Colby & Jennifer M. Ortman  Between 2014 and 2060, the U.S. population is projected to increase from 319 million to 417 million, reaching 400 million in 2051. The U.S. population is projected to grow more slowly in future decades than in the recent past, as these projections assume that fertility rates will continue to decline and that there will be a modest decline in the overall rate of net international migration. By 2030, one in five Americans...

June 9, 2023
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09Jun

Sustainability of pension schemes. Building a smooth automatic balance mechanism with an application to the US social security

By Frédéric Gannon, Florence Legros & Vincent Touzé We build a “smooth” automatic balancing mecanism (S-ABM) which would result from an optimal tradeoff between increasing the receipts and reducing the expenditures of a pension scheme. The S-ABM obtains from minimizing a sum of discounted quadratic loss function under the constraint of an intertemporal budget balance. One advantage of this model of “optimal” adjustment is its ability to analyse various configurations in terms of ABMs by controlling the adjustment pace. Notably,...

June 9, 2023
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May 2023
26May

A zoom into Asia’s pension reform journey: different perspectives of a multi-pillar approach

By Calvin Chiu & Elvin Tharm Pension reform in Asia is progressing as the region faces numerous challenges: ageing populations, rising life expectancy and the erosion of traditional family and community support for the elderly. While the traditional state-provided pension may provide one potential source of retirement income, Manulife Investment Management believes that a comprehensive multi-pillar approach, such as that outlined by the World Bank, should be the best way forward. In this initial paper of a new series on...

May 26, 2023
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26May

Bringing Back the State: Understanding Varieties of Pension Re-reforms in Latin America

By Leandro N.Carrera & Marina Angelaki Pension policy is a highly political issue across Latin America. Since the mid-2000s, several countries have re-reformed their pension systems with a general trend toward more state involvement, yet with significant variation. This article contends that policy legacies and the institutional political setting are key to understanding such variation. Analyzing the cases of Argentina, Bolivia, and Chile, this article shows that where a weak legacy, characterized by low coverage and savings rates, a weakly...

May 26, 2023
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19May

The Future of AI and Older Adults

By Laurie M. Orlov  Advances in AI got the full attention of the technology industry, which is undergoing its first major disruption since the arrival of smart speakers and voice in 2014. Multiple industries see compelling opportunities, including healthcare providers, senior living, customer service providers, training and remote monitoring service offerings. Government organizations are investing in AI and aging startups and programs. Although there are a number of barriers to adoption, in the not-so-distant future, machine learning, chatbots, and AI in the home...

May 19, 2023
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12May

Workplace sidecar saving in action

By Annick Kuipers, Jo Phillips, Will Sandbrook & Emma Stockdale As a concept, sidecar saving is designed to work with human cognitive and behavioural biases, by sequencing people’s saving to boost their financial resilience – by first, in the short term, building liquid savings, and then, for retirement, increasing contributions to pension saving. We knew immediately that this idea had the potential to address two of the biggest financial challenges for low- to moderateincome households in the UK: 1) not...

May 12, 2023
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12May

“Milliman’s Pension Funding Index. May 2023”

By Milliman The funded status of the nation’s 100 largest corporate defined benefit pension plans decreased by $7 billion during April, as measured by the Milliman 100 Pension Funding Index (PFI). A decrease in the benchmark corporate bond interest rates used to value pension liabilities led to an increase in these liabilities of $10 billion for the month. As of April 30, the funded ratio fell to 99.5%, from 100.1% at the end of March. April saw the funding surplus...

May 12, 2023
Books, Books, Reports, System Characterization, System Sustainability, , ,
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05May

Developments in the Economics of Aging (National Bureau of Economic Research Conference Report)

By David A. Wise  The number of Americans eligible to receive Social Security benefits will increase from forty-five million to nearly eighty million in the next twenty years. Retirement systems must therefore adapt to meet the demands of the largest aging population in our nation’s history. In Developments in the Economics of Aging, David A. Wise and a distinguished group of analysts examine the economic issues that will confront policy makers as they seek to design policies to protect the...

May 5, 2023
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