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Demographic And Financial Projections In Social Security Pension Schemes
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Book Synopsis Demographic and Financial Projections in Social Security Pension Schemes by : A. S. M. Kashef
Download or read book Demographic and Financial Projections in Social Security Pension Schemes written by A. S. M. Kashef and published by . This book was released on 1983 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: ISSA pub. Conference paper, comparison of national replies concerning the use of financing and demographic projections for the financial management of pension schemes in ten developing countries - compares methodologys employed (actuarial valuation, sample population models and parameters used, frequency, legal requirement, etc.); includes a comparison with developed countries. Questionnaire.
Book Synopsis Demographic and Financial Projections in Social Security Pension Schemes by :
Download or read book Demographic and Financial Projections in Social Security Pension Schemes written by and published by . This book was released on 1984 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Implications of Social Security's Long-Range Financial Projections by : Lawrence H. Thompson
Download or read book The Implications of Social Security's Long-Range Financial Projections written by Lawrence H. Thompson and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A major shift is projected in the demographic structure of the population, leading, among other things, to serious financing problems for the nation's public pension and health financing systems. This brief explores the demographic and economic assumptions that underlie the current Social Security financing projections and notes some of their implications for Social Security reform. The financing problem comes virtually entirely from a projected increase in the ratio of beneficiaries to workers. Although the retirement of the baby boom generation contributes, at least temporarily, this demographic trend is projected to continue long after the last of the baby boom generation has moved through the system. The projection is the result of assumptions about future trends in birth rates, death rates, and disability incidence. In fact, some 60 percent of the entire projected 75-year Social Security deficit can be traced to the assumption that people will live longer in the future and that the incidence of disability will increase, neither of which has any direct relationship to the baby boom's retirement. Much of the current debate about financing options focuses on the possible role of individual accounts and faster economic growth and ignores the fact that the major cause of the financing shortfall is the increase in life expectancy and disability incidence. As a practical matter, the fiscal implications of these two changes can be addressed through one or a combination of three basic adjustment strategies: (1) reductions in monthly benefits of some 17 to 20 percent, (2) increases in aggregate program revenues of some 20 to 25 percent, or an increase in the retirement age to roughly age 69. Accelerating economic growth will have little impact on future Social Security costs because rising real wage levels will also produce rising real retirement benefits (although faster growth may make future workers more willing to bear the tax increases required to maintain currently scheduled benefits). Taken by itself, switching to a system of individual, defined contribution accounts also will not close the financing gap. Such a change is likely, however, to cause most of the adjustment to longer life spans to occur through reductions in monthly retirement incomes rather than one of the other two types of changes; that result is less likely if the current collective, defined benefit approach to the program is preserved.
Book Synopsis Demographic Shifts and Projections by : Barbara Boyle Torrey
Download or read book Demographic Shifts and Projections written by Barbara Boyle Torrey and published by . This book was released on 1979 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Demography and Financing of Social Security by : C. D. Daykin
Download or read book Demography and Financing of Social Security written by C. D. Daykin and published by . This book was released on 1990 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Aging Populations and Public Pension Schemes by : Sheetal K. Chand
Download or read book Aging Populations and Public Pension Schemes written by Sheetal K. Chand and published by International Monetary Fund. This book was released on 1996-12-30 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses a study analyzing aging populations and public pension schemes. An aging society is characterized by a growing proportion of the retired to the active working population. The study examines the pension-related aging problem primarily from a fiscal perspective. It analyzes how prospective demographic developments that affect the proportion of the pensionable elderly affect pension outlays. It confirms that very serious fiscal stresses are in prospect for most industrial economies. Addressing such problems satisfactorily will require major actions early, given the long lead times involved in reforming a pension fund's financial position.
Book Synopsis Social Security Pensions by : C. Gillion
Download or read book Social Security Pensions written by C. Gillion and published by International Labor Office. This book was released on 2000 with total page 808 pages. Available in PDF, EPUB and Kindle. Book excerpt: By providing a balanced assessment and factual review of the praticalities and structure behind various pension schemes around the world, this book assists decision-makers in forming effective, viable pension policy.
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.
Book Synopsis US Pension Reform by : Martin Neil Baily
Download or read book US Pension Reform written by Martin Neil Baily and published by Peterson Institute. This book was released on 2009 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Actuarial Practice in Social Security by : Pierre Plamondon
Download or read book Actuarial Practice in Social Security written by Pierre Plamondon and published by International Labour Organization. This book was released on 2002 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The actuarial analysis of social protection schemes is a challenge that requires a balancing act between the demographic, economic, financial, and actuarial fields. This text provides a practical tool to enhance and modernize social protection systems while maintaining this balance.
Book Synopsis Social Security Reform in Advanced Countries by : Toshihiro Ihori
Download or read book Social Security Reform in Advanced Countries written by Toshihiro Ihori and published by Routledge. This book was released on 2002-12-26 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasingly ageing populations and a slowing rate of growth in the macroeconomy are forcing advanced countries to reconsider their social security programmes. The need for detailed examination of the possible reforms and initiatives has never been greater.This book brings together internationally-renowned scholars to evaluate the effect of recent
Book Synopsis Implications of Future Demographic and Economic Trends for the Old Age Pension Program by : Franklin J. James
Download or read book Implications of Future Demographic and Economic Trends for the Old Age Pension Program written by Franklin J. James and published by . This book was released on 1997 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Actuarial Mathematics of Social Security Pensions by : Subramaniam Iyer
Download or read book Actuarial Mathematics of Social Security Pensions written by Subramaniam Iyer and published by International Labour Organization. This book was released on 1999 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describes the application of actuarial principles and techniques to public social insurance pension schemes. Aims to establish a link between public social security and occupational pension scheme methods. Part one discusses actuarial theory. Part two deals with two techniques: the projection technique, and the present value technique. There is also a brief description of actuarial mathematics.
Book Synopsis Social Security Policy in a Changing Environment by : Jeffrey R. Brown
Download or read book Social Security Policy in a Changing Environment written by Jeffrey R. Brown and published by University of Chicago Press. This book was released on 2009-12-15 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social Security Policy in a Changing Environment analyzes the changing economic and demographic environment in which social insurance programs that benefit elderly households will operate. It also explores how these ongoing trends will affect future beneficiaries, under both the current social security program and potential reform options. In this volume, an esteemed group of economists probes the challenge posed to Social Security by an aging population. The researchers examine trends in private sector retirement saving and health care costs, as well as the uncertain nature of future demographic, economic, and social trends—including marriage and divorce rates and female participation in the labor force. Recognizing the ambiguity of the environment in which the Social Security system must operate and evolve, this landmark book explores factors that policymakers must consider in designing policies that are resilient enough to survive in an economically and demographically uncertain society.
Book Synopsis Population Aging and Pension Systems by : F. Desmond McCarthy
Download or read book Population Aging and Pension Systems written by F. Desmond McCarthy and published by World Bank Publications. This book was released on with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Social Security, Household, and Family Dynamics in Ageing Societies by : Jean-Pierre Gonnot
Download or read book Social Security, Household, and Family Dynamics in Ageing Societies written by Jean-Pierre Gonnot and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many industrialized countries are facing large problems with their public pension systems in the 21st century. An unfavourable age distribution, with lower population shares in working ages and increasing shares and numbers of elderly persons in the future will lead, under current pension systems, to a drop in contributions and at the same time to sharply rising amounts of benefits paid. This book analyzes the impact of dynamics in age structure and marital status composition on future public pension expenditures in twelve industrialized countries. It shows that there is no demographic response to population ageing at the horizon 2030. Neither an increase in fertility nor an inflow of migrants can rejuvenate national populations, unless fertility and/or migration reach unrealistically high levels. Therefore, the overall conclusion of this book is that demographic variables are of limited help to relieve the burden of future public pension expenditures. Substantial reductions of the public pension burden have to be sought in socioeconomic measures, and not in adjusting demographic conditions. The book includes various demographic and pension scenarios for pension costs in the coming decades for Austria, Canada, the Czech and Slovak Republics, Finland, France, Germany, Hungary, Italy, the Netherlands, Norway, Poland, and Sweden. Not only old age pensions, but also disability and survivor pensions have been investigated. Variant projections were calculated for changes in demographic, labour force, and pension system variables. In addition, separate case studies for three countries deal with: a pension system in Austria in which benefits depend on the number children ever born; the impact of household dynamics on social security in the Netherlands, not just marriage and marriage dissolution; and with the consequences of economic growth for public pensions in Sweden.
Book Synopsis Pension Security in the 21st Century by : Gordon L. Clark
Download or read book Pension Security in the 21st Century written by Gordon L. Clark and published by OUP Oxford. This book was released on 2003-11-20 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Future pension provision is highly controversial; it juxtaposes the challenges of old age security with the exigencies of global finance. Clearly, demography, finance and public accountability are crucial to current political debate. But there are other important issues. The problems of paying for the retirement of the baby boom generation has exposed profound differences in the advanced economies in terms of their financial institutions and infrastructure. Pension security has been re-conceptualised, in part, as an issue of global finance and international comparative advantage bringing with it a re-definition of risk and pension security. This book examines how major continental European and Anglo-American countries are dealing with these pressures, to what extent these responses are beginning to redraw the boundaries between public and private responsibility for pension security, and what the implications of public-private partnerships are for the financial organisation and infrastructure of European and global financial markets, and the nation-based welfare state. The contributors, all involved in policy development in their respective countries, assess the comparative strengths and weaknesses of recent pension initiatives in the light of continuing fiscal constraints and current market instabilities. Using a tight comparative framework, the book questions assumed divisions between states and markets, as new divisions between public and private spheres of pension responsibility require new regulatory machinery to guarantee future security. This book provides a vital reference point in understanding pension security in the 21st century for academics and postgraduates in the social sciences, economics and finance, geography, politics and social policy, policy makers in OECD countries and industry professionals.
