Sustainability of Pension Systems in the New EU Member States and Croatia

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Author :
Publisher : World Bank Publications
ISBN 13 : 9780821373705
Total Pages : 48 pages
Book Rating : 4.3/5 (737 download)

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Book Synopsis Sustainability of Pension Systems in the New EU Member States and Croatia by : Leszek Kasek

Download or read book Sustainability of Pension Systems in the New EU Member States and Croatia written by Leszek Kasek and published by World Bank Publications. This book was released on 2008-02-01 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study finds that pension reforms in recent years have improved the efficiency and sustainability of pension systems in the new member states of the European Union and Croatia. However, for many countries, these probably have not gone far enough to ensure long-term sustainability, given the aging of the population. Reforms have included changes to Pay-As-You-Go (PAYG) systems, including increases in retirement ages (not at least for women), new benefit formulas, and new indexation mechanism. Some countries (Latvia and Poland) have further strengthened the link of contributions and benefits to the sustainability of the PAYG system through the introduction of national defined contribution accounts. The link is strengthened also by moving to a point system, which has been adopted by many of the countries. Several countries have introduced a second, private, pension pillar, funded through diversion of part of the pension contributions, thereby diversifying risk. However, some countries (in particular the Czech Republic, Slovenia, and Romania) will need to do more to safeguard the long-term viability of their pension systems, while others face challenges to ensure equitable pension systems and adequate living standards for all elderly people.

Towards sustainable but still adequate pensions in the EU: Theory, trends and simulations

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Author :
Publisher : CEPS
ISBN 13 : 9290798734
Total Pages : 56 pages
Book Rating : 4.2/5 (97 download)

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Book Synopsis Towards sustainable but still adequate pensions in the EU: Theory, trends and simulations by : Jørgen Mortensen

Download or read book Towards sustainable but still adequate pensions in the EU: Theory, trends and simulations written by Jørgen Mortensen and published by CEPS. This book was released on 2009 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Joint Report on Pensions

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Author :
Publisher :
ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Joint Report on Pensions by :

Download or read book Joint Report on Pensions written by and published by . This book was released on 2010 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recoge: 1. An introduction to pensions reform- 2. A decade in pension reform in the EU - 3. The impact of the crisis - 4. Policy challenges over the long-term - 5. Policy implications.

Towards Adequate, Sustainable and Safe European Pension Systems

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Author :
Publisher :
ISBN 13 : 9789279163418
Total Pages : 33 pages
Book Rating : 4.1/5 (634 download)

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Book Synopsis Towards Adequate, Sustainable and Safe European Pension Systems by : Comisión Europea (Bruselas, Bélgica). Dirección General para Mercado Interno y Servicios

Download or read book Towards Adequate, Sustainable and Safe European Pension Systems written by Comisión Europea (Bruselas, Bélgica). Dirección General para Mercado Interno y Servicios and published by . This book was released on 2010 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Commission's Green Paper "Towards adequate, sustainable and safe European pension systems" invites interested parties to submit their views on future pension provision and how the EU can best support national-level efforts. The Paper reviews the current EU pensions framework and goes on to set out the main challenges to providing adequate, sustainable and safe pensions and the priorities for modernising pension policy in the EU. It also looks at the need to improve both pension data collection and EU-level governance of pension policy. Finally, the Paper provides information on how to contribute to the consultation, as well as a glossary of terms and detailed statistical annex. (EU Bookshop).

Equitable and Sustainable Pensions

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484395093
Total Pages : 432 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Equitable and Sustainable Pensions by : Mr.Benedict J. Clements

Download or read book Equitable and Sustainable Pensions written by Mr.Benedict J. Clements and published by International Monetary Fund. This book was released on 2014-03-08 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pension reform is high on the agenda of many advanced and emerging market economies, for many reasons. First, public pensions often constitute a large share of government expenditure. Second, population aging means that reforms would be needed just to keep pension spending from rising in the future. Third, in many economies, low or falling pension coverage will leave large segments of the population without adequate income in old age and at risk of falling into poverty. Although a number of studies have assessed the effects of pension reforms on fiscal sustainability, a systematic analysis of equity issues in pension systems—and how countries have grappled with these issues—has yet to be undertaken. This book brings together the latest research on equity issues related to pension systems and pension reforms in the post-crisis world. Some of the key issues covered include: the effect of pension systems on intergenerational equity and the impact of pension reforms on poverty, the effects of pension reform measures on fiscal sustainability and equity, and the fiscal consequences of achieving different equity goals. It also presents country case studies. The volume provides a rich menu of material to assist policymakers and academic audiences seeking to understand the latest research in this area, as well as the lessons and challenges for the design of reforms.

How to make European pensions adequate and sustainable?

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Author :
Publisher : CEPS
ISBN 13 : 9290798629
Total Pages : 16 pages
Book Rating : 4.2/5 (97 download)

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Book Synopsis How to make European pensions adequate and sustainable? by : Juraj Draxler

Download or read book How to make European pensions adequate and sustainable? written by Juraj Draxler and published by CEPS. This book was released on 2009 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents the results of the research project on Adequacy and Sustainability of Old Age Income in the EU (AIM). Examines the differences among EU member States when it comes to saving for retirement. Suggests that while in some countries the working age population is able to sustain their consumption on retirement, in others there ia a significant saving gap.

Adequate and Sustainable Pensions

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Author :
Publisher :
ISBN 13 : 9783843331173
Total Pages : 0 pages
Book Rating : 4.3/5 (311 download)

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Book Synopsis Adequate and Sustainable Pensions by :

Download or read book Adequate and Sustainable Pensions written by and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Adequate and Sustainable Pensions

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Author :
Publisher :
ISBN 13 :
Total Pages : 268 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Adequate and Sustainable Pensions by : European Commission. Directorate-General for Employment, Social Affairs and Equal Opportunities. Unit E.4

Download or read book Adequate and Sustainable Pensions written by European Commission. Directorate-General for Employment, Social Affairs and Equal Opportunities. Unit E.4 and published by . This book was released on 2006 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: " This second report on Adequate and Sustainable Pensions provides a synthesis of recent developments in the area of pension reform in the EU" -- P. 3.

Towards Sustainable But Still Adequate Pensions in the EU

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Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Towards Sustainable But Still Adequate Pensions in the EU by : Juraj Draxler

Download or read book Towards Sustainable But Still Adequate Pensions in the EU written by Juraj Draxler and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report is a summary of the research project on the 'Adequacy and Sustainability of Old-Age Income Maintenance' (AIM). Thirteen institutes from across the EU have collaborated on the task of assessing the situation of today's pensioners and providing insights into future trends and policy options for securing adequate income for EU pensioners. The AIM project produced several state-of-the-art additions to the debate on EU pension reforms. Among others, the National Institute of Economic and Social Research in the UK calculated cohort spending for a sample of European countries to show how much countries need to save to take care of future pensioners. The team led by the Belgian Federal Planning Bureau developed the first EU, multi-country, dynamic simulation model for pension expenditure called MIDAS. A group of research institutes led by the Netherlands Institute for Social Research provided a current map of the social exclusion of the elderly in the EU. The report starts with a discussion on what pensions we can consider adequate. Indicators of adequacy are proposed. Then, to determine the different pension mechanisms in existence in the EU and the prevalence of various kinds of schemes, the report provides an up-to-date classification of pension systems. This classification section is followed by an analysis of public opinion on pension reforms. While the public is generally in favor of the status quo, certain segments of the population fear and resist changes for diverse reasons. The bulk of the study entails a statistical description of the material situation of the elderly in the EU-15 and the new member states, simulations of assorted policy scenarios and discussions on incentives to retire or stay in the labor force. The broad conclusion of the report is that the pension incomes of future generations are under threat everywhere, mostly owing to demographic developments. Yet policy-makers have a range of reform options at their disposal that, when implemented with careful regard for the political and social context, can ensure adequate incomes of the elderly in the future.

Towards Adequate, Sustainable and Safe European Pension Systems

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Author :
Publisher :
ISBN 13 : 9783843348805
Total Pages : 0 pages
Book Rating : 4.3/5 (488 download)

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Book Synopsis Towards Adequate, Sustainable and Safe European Pension Systems by :

Download or read book Towards Adequate, Sustainable and Safe European Pension Systems written by and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Adequate and Sustainable Pensions

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Author :
Publisher : Commission of European Communities
ISBN 13 :
Total Pages : 172 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Adequate and Sustainable Pensions by : Commission of the European Communities

Download or read book Adequate and Sustainable Pensions written by Commission of the European Communities and published by Commission of European Communities. This book was released on 2003 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Several European Councils have highlighted the challenge of an ageing population and its complications for the maintenance of pensions. An open method of coordination on pensions is required. The Laeken European Council launched this process on the bases of safeguarding the capacity of systems, maintenance their financial sustainability and meeting social needs.

The Future of Ageing in Europe

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Author :
Publisher : Springer
ISBN 13 : 9811314179
Total Pages : 337 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis The Future of Ageing in Europe by : Alan Walker

Download or read book The Future of Ageing in Europe written by Alan Walker and published by Springer. This book was released on 2018-11-23 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides the most comprehensive analysis available of the challenges created by Europe’s ageing population. Grounded in state-of-the-art scientific assessments by leading European researchers, the book is strongly policy focused. Indeed this book contains a detailed account of the policies required across a broad field, from economic sustainability and extending working lives, to healthy ageing, technological innovation, long term care and political citizenship, for the successful adaptation to the challenges of ageing in Europe and globally. It is a policy manifesto to ensure that the future of ageing in Europe is transformed into a highly beneficial one for both citizens and societies.

The Future of Pension Plans in the EU Internal Market

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Author :
Publisher : Springer Nature
ISBN 13 : 3030294978
Total Pages : 359 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis The Future of Pension Plans in the EU Internal Market by : Nazaré da Costa Cabral

Download or read book The Future of Pension Plans in the EU Internal Market written by Nazaré da Costa Cabral and published by Springer Nature. This book was released on 2019-11-26 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume takes a closer look at various European pension-plan models and the recent challenges, trends and predictions related to the design of such schemes. The contributors analyse new ideas, both from national governments and European institutions, and consider current debates on topics such as the Capital Markets Union (CMU) and the so-called ‘European Pillar of Social Rights’ – calling for a new approach to social policy at the European level in response to common challenges, such as ageing and the digital revolution.This interdisciplinary work embraces economic, financial and legal perspectives, while focusing on previously selected coherence aspects in order to ensure that the analyses are comprehensive and globally consistent.

OECD Reviews of Pension Systems: Portugal

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264313737
Total Pages : 166 pages
Book Rating : 4.2/5 (643 download)

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Book Synopsis OECD Reviews of Pension Systems: Portugal by : OECD

Download or read book OECD Reviews of Pension Systems: Portugal written by OECD and published by OECD Publishing. This book was released on 2019-03-20 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review builds on the OECD’s best practices in pension design and provides policy recommendations on how to improve the Portuguese pension system, detailing the Portuguese pension system and its strengths and weaknesses based on cross-country comparisons. The Portuguese pension system ...

Pensions at a Glance Asia/Pacific

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264059776
Total Pages : 102 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Pensions at a Glance Asia/Pacific by : OECD

Download or read book Pensions at a Glance Asia/Pacific written by OECD and published by OECD Publishing. This book was released on 2009-01-08 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report analyses the retirement income systems of 18 Asian countries, including Australia, China, India, Indonesia, Pakistan, the Philippines and Vietnam. It says that reform is needed because: coverage of formal pension systems is relatively ...

Pension Systems and Old-Age Income Support in East and Southeast Asia

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Author :
Publisher : Routledge
ISBN 13 : 1136579397
Total Pages : 283 pages
Book Rating : 4.1/5 (365 download)

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Book Synopsis Pension Systems and Old-Age Income Support in East and Southeast Asia by : Donghyun Park

Download or read book Pension Systems and Old-Age Income Support in East and Southeast Asia written by Donghyun Park and published by Routledge. This book was released on 2012-03-15 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: Old age income support will be one of the biggest social and economic challenges facing Asia in the twenty-first century. The growing spotlight on old age income support is largely due to exceptionally rapid population aging which is fundamentally reshaping Asia’s demographic profile. A young continent reaping the demographic dividend of a large youthful workforce is giving way to a greying continent where the ratio of retirees to workers is on the rise. In contrast to industrialized countries, most Asian countries do not yet have mature, well-functioning pension systems. As a result, they are ill prepared to provide economic security for the large number of retirees who loom on the region’s horizon. This book takes a close look at the pension systems of eight countries in East and Southeast Asia – namely, China, Indonesia, Korea, Malaysia, Philippines, Singapore, Thailand and Vietnam – which encompass a wide range of income and development levels. The book provides a comprehensive overview of pension systems in the eight countries, including an in-depth diagnosis to identify their major weaknesses and shortcomings. On the basis of the diagnosis, the book sets forth concrete and specific policy options for reforming Asia’s pension systems. Many policy options for reform are country-specific. For example, a top priority in China is to extend the pension system to rural areas. At the same time, a number of reforms – such as the need to extend coverage – resonate across the entire region. Appropriate reform will enable the region’s pension systems to deliver affordable, adequate and sustainable old-age economic security.

Economic Challenges of Pension Systems

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Author :
Publisher : Springer Nature
ISBN 13 : 3030379124
Total Pages : 487 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Economic Challenges of Pension Systems by : Marta Peris-Ortiz

Download or read book Economic Challenges of Pension Systems written by Marta Peris-Ortiz and published by Springer Nature. This book was released on 2020-03-20 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the major economic challenges associated with the sustainability of public pensions, specifically demographic change, labor-market relations, and risk sharing. The issue of public pensions occupies the political and economic agendas of many major governments in the world. International organizations such as the World Bank and the OECD warn that the economic changes driven by an aging society negatively affects the sustainability of pension systems. This book analyzes different global public pension systems to offer policies, methods and tools for sustainable public pensions. Real case studies from France, Sweden, Latin America, Algeria, USA and Mexico are featured.