January 2025

Pensionomics 2025: Measuring the Economic Impact of Defined Benefit Pension Expenditures

By Dan Doonan & Iliana Boivie Pensionomics 2025: Measuring the Economic Impact of Defined Benefit Pension Expenditures finds pension spending powered by U.S. private and public sector defined benefit pensions contributed significantly to the economy. In 2022, retiree spending of public and private sector pension benefits generated $1.5 trillion in total economic output, supporting 7.1 million jobs across the nation. In addition to its impact on employment and economic activity, pension spending bolstered public finances in 2022, adding $224.3 billion in...

January 2023

South Korea:Govt to reform national health insurance and pension schemes

The government will begin earnest discussions to boost the sustainability of the national health insurance system and plans to unveil reform measures by September. The Health Ministry has drawn up a plan to devise preliminary measures this month to improve the overall fiscal sustainability of health insurance coverage, according to a report by KBS World. The measures are expected to include some of those mentioned in a public hearing last year aimed at removing fiscal loopholes, such as stronger monitoring of...

December 2018

Bolder

By Carl Honoré Carl Honoré captured the zeitgeist with his international sensation, In Praise of Slow. In Bolder, he introduces us to another rising movement: a revolution in our approach to ageing. Ageing is inevitable. In this time of longer lifespans, however, we have the potential to age better than ever before. Having travelled the globe to meet the pioneers who are redefining ageing, Carl Honoré explores the cultural, medical and technological trends that will help us make the most of...