September 2017

08Sep

Annuity Options in Public Pension Plans: The Curious Case of Social Security Leveling

By Robert L. Clark, Robert G. Hammond, Melinda S. Morrill, David Vanderweide Social Security Leveling is an annuity option that allows participants to receive a level income before and after age 62. The retiree receives a larger pension benefit prior to age 62, but then the pension benefit is lowered at age 62 when the individual is expected to claim Social Security benefits. This option is not uncommon in public pension plans, yet little is known about how this option...

September 8, 2017
Aging, Articles, Pension design, Regulation, ,
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August 2017
29Aug

Sistemas de Pensiones en America Latina y Mexico

Por Juana Isabel Vera Lopez A nivel mundial, los sistemas de pensiones se encuentran en crisis debido a que sus regimenes y beneficios consideraron una situacion distinta a la actual. Fenomenos como el envejecimiento poblacion, aumento de la esperanza de vida, el aumento del trabajo informal, subempleo, auto empleo, entre otros factores han agravado esta situacion. En Mexico, en 1995 y 2007 se reformaron las legislaciones del IMSS e ISSSTE siguiendo los parametros internacionales. En estas dos decadas transcurridas desde...

August 29, 2017
Books, Corporate Governance, Pension design, Regulation, , , ,
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27Aug

The State of Public Pension Funding: Are Government Employee Plans Back on Track?

By Andrew G. Biggs (American Enterprise Institute) The public-sector pension industry is claiming a comeback from losses suffered during the Great Recession. But this recovery is greatly exaggerated: even years past the end of the recession, most pension sponsors are unable to their full annual contributions, and pensions are taking as much investment risk as ever. The first step to effective pension reforms is an honest, accurate view of the costs and risks that public plans impose on government budgets...

August 27, 2017
Articles, Funding, Management, Savings, Slider-Left,
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