By John A. Turner, David M. Rajnes & Gerard Hughes Although war has had substantial effects, both positive and negative, on pension systems, the topic has received relatively little attention. War has played a role in the development of pension systems in many countries. Yet, no previous analysis has examined the full range of its effects. Source: Actuaries.org 722 views
By Robert L. Clark, Lee A. Craig & Jack W. Wilson Understanding the historical development of pensions is critical to the future of retirement systems around the world. A History of Public Sector Pensions in the United States offers a comprehensive assessment of the political and financial dimensions of public sector pensions from the colonial period until the emergence of modern retirement plans in the twentieth century. The authors emphasize how retirement plans can help achieve human resource objectives, how...
By United Nations With 297 trillion yen ($2,854 billion) in assets, the Japanese pension system is the third largest in the world.1 Between public and private providers, some 54% of assets are managed by PRI asset owner signatories, a higher proportion than in Australia, the US and the UK. This report builds on ideas set out in the PRI briefing ‘Sustainable Finance Policy in Japan’, published in October 2020, providing an overview of the Japanese system and its key sustainability...
