Social Security Archives - Page 3 of 27 - Pension Policy International

08SepSeptember 8, 2023

The Labor Market Effects of Facilitating Social Security Contributions Under Part-Time Employment Contracts: Evidence from Colombia

By Brenda Samaniego de la Parra, Andrea Otero-Cortés & Leonardo Morales We examine the impact of reducing rigidities caused by regulation on labor demand in a context with high informality. Using employer–employee matched administrative records and household survey data, we estimate the effects of a reform that eliminated a wedge in firms' regulatory costs of employing workers on different work schedules in Colombia, reducing the relative costs of formal parttime employment. We find that the reform increased the probability of entering...

September 8, 2023

Articles, Labor Market, Savings2023, Pension Reform, Social Security, Taxation

01SepSeptember 1, 2023

The Demographic Outlook: 2022 to 2052

By Congressional Budget Office The size of the U.S. population, as well as its age and sex composition, affect the economy and the federal budget. For example, the size of the working-age population affects the number of people employed; likewise, the size of the population age 65 or older affects the number of beneficiaries of Social Security and other federal programs. The Congressional Budget Office projects the population in future years by projecting fertility, net immigration, and mortality. (In this report,...

September 1, 2023

Aging, Books, Books, Reports2022, Healthcare, Labor Market, Social Security, US

25AugAugust 25, 2023

Future of Jobs Report 2023

By World Economy Forum The past three years have been shaped by a challenging combination of health, economic and geopolitical volatility combined with growing social and environmental pressures. These accelerating transformations have and continue to reconfigure the world's labour markets and shape the demand for jobs and skills of tomorrow, driving divergent economic trajectories within and across countries, in developing and developed economies alike. The Fourth Industrial Revolution, changing worker and consumer expectations, and the urgent need for a green...

August 25, 2023

Books, Books, Labor Market, Reports2023, Income, Social Security

23JulJuly 23, 2023

Relationship between Social Security Programs and Elderly Employment in Japan

By Takashi Oshio, Satoshi Shimizutani & Akiko S. Oishi This study examines how elderly employment is associated with social security programs and how it responds to recent reforms in Japan. To this end, we employed a rich and longitudinal dataset of middle-aged and older individuals collected between 2005 and 2018. By incorporating various factors related to social security incentives into a single index of implicit tax (ITAX), we confirmed that the index successfully captured the incentives and their changes incorporated...

July 23, 2023

Articles, Labor Market2023, Aging, Japan, Social Security

23JulJuly 23, 2023

Early Retirement Provision for Elderly Displaced Workers

By Herman Kruse & Andreas Steinvall Myhre This paper studies the economic effects on re-employment and program substitution behavior among elderly displaced workers who exogenously lose eligibility for their early retirement option. We use detailed Norwegian matched employer-employee data containing information on bankruptcy dates and individual income, wealth, pensions and social security benefits. As job displacement before a certain age cut-off results in the loss of eligibility for early retirement benefits between ages 62–67 years in Norway, we are able...

July 23, 2023

Articles, Labor Market2023, Aging, Norway, Retirement Planning, Social Security

14JulJuly 14, 2023

Jamaica. NIS a regressive use of public funds – IDB executive

Labour lead specialist at the Inter-American Development Bank (IDB) Professor David Kaplan has described the National Insurance Scheme (NIS) as a “regressive use of public funds”. Kaplan was addressing the annual luncheon of the Pension Industry Association of Jamaica (PIAJ) at Hotel Four Seasons in St Andrew yesterday. Responding to a question, following his keynote address, Kaplan pointed to deficiencies in the system. “It does seem that there is an imbalance between what people are contributing to the system and what they...

July 14, 2023

NewsJamaica, Social Security

07JulJuly 7, 2023

National survey of gig workers paints a picture of poor working conditions, low pay

By Ben Zipperer, Celine McNicholas, Margaret Poydock, Daniel Schneider & Kristen Harknett While the concept of nontraditional, short-term, and contract work has been around since well before the digital age, it wasn’t until the 2010s that digital platform companies like Uber, DoorDash, Instacart, and TaskRabbit began to rise to prominence and shape the way we define gig work today. In the most basic terms, gig work can be defined as work done by individuals who are classified as self-employed, freelancers,...

July 7, 2023

Books, Books, Labor Market, Reports2022, Informal workers, Social Security

07JulJuly 7, 2023

Canada. Expert panel: How portable benefits can support inclusivity among gig workers

The concept of employee benefits was established on a foundation built decades ago, when employees worked full time and long term with one employer. Those days are long gone. Temporary, part-time and gig work have become the norm, accounting for 60 per cent of job growth in advanced economies since the 1990s. Gig work is popular in sectors such as the arts, entertainment and recreation and it’s also more prevalent among immigrants than workers born in Canada. In 2016, 10.8 per...

July 7, 2023

NewsCanada, Informal Sector, Social Security

30JunJune 30, 2023

Optimal Retirement Portfolios with Fixed and Variable Longevity Annuities in Defined Contribution Plans taking Social Security into Account

By Vanya Horneff, Raimond Maurer & Olivia S. Mitchell This paper examines how two instruments—annuities with lifelong benefits purchased using defined contribution (DC) plan assets, and social security annuities—should be considered jointly to optimize household lifetime wellbeing. Understanding how these interact is of key importance in order to generate efficient retirement portfolios. Additionally, there is likely to be substantial heterogeneity in the demand for longevity annuities across the retiree population, depending on their assets inside and outside tax-qualified retirement plans,...

June 30, 2023

Articles, Savings2023, Retirement Planning, Social Security, US

16JunJune 16, 2023

LGBT Elders in a Post-Windsor World: The Promise and Limits of Marriage Equality

By Nancy J.Knauer This Article addresses the uncertain post-Windsor legal landscape from the perspective of LGBT elders and older adults. The demise of DOMA has enhanced access to federal benefits, but it has also increased the complexity that LGBT individuals and their families face as they begin to plan for retirement and beyond. Additionally, marriage equality — even when it is recognized nationwide — will not help LGBT elders and older adults tackle many of the obstacles they face when...

June 16, 2023

Articles, Regulation2021, Equality, Public Policy, Social Security

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