February 2022
01Feb

​Virus has created different economic system, says Finnish pensions chief

The chief executive officer of the State Pension Fund of Finland (Valtion Eläkerahasto, VER), said the economic conditions brought about by the pandemic will stay with us, and with digitalisation and medicine as the key drivers of this new system, that is where governments need to allocate resources. Timo Löyttyniemi, CEO of VER, the €22.9bn fund which balances central government’s staff pension spending, said in a blog: “COVID has given birth to a different economic system where only change is...

February 1, 2022
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January 2022
03Jan

Can China’s creaky health insurance scheme withstand its ageing population and coronavirus?

For two decades, 65-year-old farmer Che Xiuyue had been troubled by osteophytes, bony lumps that grew on her knees, causing her unbearable pain and stiffness. Read also Commentary: China and ESG — a delicate balance In 2019, unable to stomach the discomfort any longer, she finally had surgery to treat them. But when she received the bill of 10,000 yuan (US$1,569), Che was overcome by a new wave of distress. Read also Taiwan fund to issue $2.3 bln climate change pension mandate,...

January 3, 2022
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December 2021
01Dec

Latin America and the Caribbean is ageing rapidly, however the projections may be better than expected

The region is projected to experience a rapid change in its population’s age structure. The proportion of citizens older than 65 will more than double in the next three decades. However, rethinking ageing in terms of health is crucial to inform public policy, argue Diego Wachs (LSE) and Andres Roman Urrestarazu (Stanford University). Read also Private pension plans in Latin America and sustainable finance Latin America and the Caribbean will experience a rapid change in their population structure over the next...

December 1, 2021
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October 2021
29Oct

Health and Aging Before and after Retirement

By Ana Abeliansky & Holger Strulik We investigate health and aging before and after retirement for specific occupational groups. We use five waves of the Survey of Health, Aging, and Retirement in Europe (SHARE) and construct a frailty index for elderly men and women from 10 European countries. Occupational groups are classified according to low vs. high education, blue vs. white collar color, and high vs. low physical or psychosocial job burden. Controlling for individual fixed effects, we find that,...

October 29, 2021
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September 2021
24Sep

The Affordable Care Act After a Decade: Its Impact On The Labor Market And The Macro Economy

By Hanming Fang, Dirk Krueger The Affordable Care Act (ACA) is one of the most important reforms of the US health insurance system since the introduction of Medicare. Since employment is a main source of health insurance for the working age population in the United States, this sweeping health insurance reform also has important implications for the labor market and the macro economy. In this paper, we survey the prototype models that are used in the macro and labor literature,...

September 24, 2021
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August 2021
17Aug

The World’s Best Countries for Pensions in 2021

By Blacktower Hard-working retirees have put in decades of time and effort as part of their working life. As they prepare to relax in retirement, they’re counting on a pension to help maintain a comfortable life – but the quality of state pensions available varies drastically based on where you live. We ranked countries across the globe on key pension factors to find out the best country in the world.     Get the book here

August 17, 2021
Adequacy, Books, Pension design, Reports, ,
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May 2021
07May

Leveraging longevity and tackling intergenerational inequality in Japan

Japan has the world’s most aged population. As the number of elderly people increases, the benefits the government funds, such as pensions, medical care and nursing care, have been swelling. Since these benefits are mainly financed by taxes and social insurance premiums paid by the working-age population, the burden will be heavier on future generations as Japan continues to age. Leveraging longevity and tackling intergenerational inequality in Japan 6 May 2021 Author: Sumio Saruyama, JCER Japan has the world’s most aged population. As...

May 7, 2021
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April 2021
12Apr

Zimbabwe. 100% payout hike, grocery vouchers for pensioners

Pensioners and widows are set to get a 100% increase to their monthly stipends, as well as grocery vouchers worth $3 000 from the National Social Security Authority (Nssa), NewsDay reported. Nssa deputy director for marketing Tendai Mutseyekwa told NewsDay that pensioners were going to get a 100% increment this month. "They are getting 100% increment this April and we are saying we are giving them this increment and the (COVID-19) vaccines at the same time. We will also give them...

April 12, 2021
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December 2020

18Dec

Perspectives and Theories of Social Innovation for Ageing Population

By Andrzej Klimczuk, Łukasz Tomczyk In recent years we may observe increasing interest in the development of social innovation both regarding theory as well as the practice of responding to social problems and challenges. One of the crucial challenges at the beginning of the 21st century is population ageing. Various new and innovative initiatives, programs, schemes, and projects to respond to negative consequences of this demographic process are emerging around the world. However, social theories related to ageing are...

December 18, 2020
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11Dec

Intergenerational Mobility of Health in India and Its Implications to Elderly Care

By E. Sownthara Rajan To understand the effect of education of children as an intervention to improve elderly health and suggest the sector of elderly who needs state support. This finding will help in locating a sector of elderly where the targeted geriatric care and elderly support can be provided. There is a prevalent conversation in academic literature about growing elderly population around the world which is estimated will be 22 per cent of the world population by 2050...

December 11, 2020
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