Retirement Systems In Japan

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Aging in Asia

Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309254094
Total Pages : 486 pages
Book Rating : 4.3/5 (92 download)

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Book Synopsis Aging in Asia by : National Research Council

Download or read book Aging in Asia written by National Research Council and published by National Academies Press. This book was released on 2012-07-31 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: The population of Asia is growing both larger and older. Demographically the most important continent on the world, Asia's population, currently estimated to be 4.2 billion, is expected to increase to about 5.9 billion by 2050. Rapid declines in fertility, together with rising life expectancy, are altering the age structure of the population so that in 2050, for the first time in history, there will be roughly as many people in Asia over the age of 65 as under the age of 15. It is against this backdrop that the Division of Behavioral and Social Research at the U.S. National Institute on Aging (NIA) asked the National Research Council (NRC), through the Committee on Population, to undertake a project on advancing behavioral and social research on aging in Asia. Aging in Asia: Findings from New and Emerging Data Initiatives is a peer-reviewed collection of papers from China, India, Indonesia, Japan, and Thailand that were presented at two conferences organized in conjunction with the Chinese Academy of Sciences, Indian National Science Academy, Indonesian Academy of Sciences, and Science Council of Japan; the first conference was hosted by the Chinese Academy of Social Sciences in Beijing, and the second conference was hosted by the Indian National Science Academy in New Delhi. The papers in the volume highlight the contributions from new and emerging data initiatives in the region and cover subject areas such as economic growth, labor markets, and consumption; family roles and responsibilities; and labor markets and consumption.

Pensions at a Glance 2019 OECD and G20 Indicators

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264876103
Total Pages : 224 pages
Book Rating : 4.2/5 (648 download)

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Book Synopsis Pensions at a Glance 2019 OECD and G20 Indicators by : OECD

Download or read book Pensions at a Glance 2019 OECD and G20 Indicators written by OECD and published by OECD Publishing. This book was released on 2019-11-27 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2019 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the last two years. Moreover, two special chapters focus on non-standard work and pensions in OECD countries, take stock of different approaches to organising pensions for non-standard workers in the OECD, discuss why non-standard work raises pension issues and suggest how pension settings could be improved.

Pensions at a Glance Asia/Pacific

Author : OECD
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 ...

OECD Reviews of Pension Systems: Portugal

Author : OECD
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 ...

Assessing Chile's Pension System: Challenges and Reform Options

Author : Samuel Pienknagura
Publisher : International Monetary Fund
ISBN 13 : 151359611X
Total Pages : 52 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Assessing Chile's Pension System: Challenges and Reform Options by : Samuel Pienknagura

Download or read book Assessing Chile's Pension System: Challenges and Reform Options written by Samuel Pienknagura and published by International Monetary Fund. This book was released on 2021-09-10 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chile’s pension system came under close scrutiny in recent years. This paper takes stock of the adequacy of the system and highlights its challenges. Chile’s defined contribution system was quite influential when introduced, and was taken as an example by other countries. However, it is now delivering low replacement rates relative to OECD peers, as its parameters did not adapt over time to changing demographics and global returns, while informality persists in the labor market. In the absence of reforms, the system’s inability to deliver adequate outcomes for a large share of participants will continue to magnify, as demographic trends and low global interest rates will continue to reduce replacement rates. In addition, recent legislation allowing for pension savings withdrawals to counter the effects from the COVID-19 pandemic, is projected to further reduce replacement rates and increase fiscal costs. A substantial improvement in replacement rates is feasible, via a reform that raises contribution rates and the retirement age, coupled with policies that increases workers’ contribution density.

Pensions at a Glance 2021 OECD and G20 Indicators

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264641335
Total Pages : 224 pages
Book Rating : 4.2/5 (646 download)

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Book Synopsis Pensions at a Glance 2021 OECD and G20 Indicators by : OECD

Download or read book Pensions at a Glance 2021 OECD and G20 Indicators written by OECD and published by OECD Publishing. This book was released on 2021-12-08 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2021 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the past two years. Moreover, the special chapter focuses on automatic adjustment mechanisms in pensions systems in OECD countries, discusses the usefulness and limitations of these policy instruments, and suggests ways to improve them in order to enhance the capacity of pension systems to fulfil their objectives.

Age Related Pension Expenditure and Fiscal Space

Author : Mukul G. Asher
Publisher : Routledge
ISBN 13 : 1317371593
Total Pages : 207 pages
Book Rating : 4.3/5 (173 download)

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Book Synopsis Age Related Pension Expenditure and Fiscal Space by : Mukul G. Asher

Download or read book Age Related Pension Expenditure and Fiscal Space written by Mukul G. Asher and published by Routledge. This book was released on 2016-02-22 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the linkages between age-related pension expenditures and the fiscal space needed to fund them, as well as to organize the mix of financing methods with different risk-sharing arrangements. After critically assessing the existing models projecting age-related expenditure in the literature, the book focuses on the case studies of these inter-linkages in four highly-populated East Asian countries, namely China, Indonesia, India, and Japan. Nearly two- fifths of the global population live in these countries. Therefore, how these inter-linkages manifest themselves and the initiatives in these countries for finding fiscal space will have an impact on how the ageing issues are addressed globally. This book does several distinguishing characteristics, including exploration of inter-linkages between age-related expenditure and fiscal space, and application of country-specific methods to explore these linkages, rather than relying standard macroeconomic model. In the process, the studies also bring out the limitations of standardized model used in the literatures. Scholars and policy makers interested in the subject will definitely find the book of valuable use.

Solidarity Across Generations

Author : Eri Kasagi
Publisher : Springer
ISBN 13 : 9783030505493
Total Pages : 309 pages
Book Rating : 4.5/5 (54 download)

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Book Synopsis Solidarity Across Generations by : Eri Kasagi

Download or read book Solidarity Across Generations written by Eri Kasagi and published by Springer. This book was released on 2021-09-21 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the universal and topical question of solidarity across generations from a comparative perspective, with a particular focus on the legal issues concerning retirement pensions, the poverty in the elderly, long-term care, as well as state interventions and family support for those at risk. Drawing on insights from the interface between family law, administrative law and social law, it examines 13 countries on different continents, and also briefly covers a number of additional countries in the introduction. This book is a based on the discussions and exchanges at the 20th General Congress of the International Academy of Comparative Law, in Fukuoka, Japan.

The Oxford Handbook of Pensions and Retirement Income

Author : Gordon L. Clark
Publisher : Oxford University Press, USA
ISBN 13 : 9780199272464
Total Pages : 954 pages
Book Rating : 4.2/5 (724 download)

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Book Synopsis The Oxford Handbook of Pensions and Retirement Income by : Gordon L. Clark

Download or read book The Oxford Handbook of Pensions and Retirement Income written by Gordon L. Clark and published by Oxford University Press, USA. This book was released on 2006-07-20 with total page 954 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook draws on research from a range of academic disciplines to reflect on the implications for provisions of pension and retirement income of demographic ageing. it reviews the latest research, policy related tools, analytical methods and techniques and major theoretical frameworks.

Social Security Programs Throughout the World: Europe, 2010

Author :
Publisher : Government Printing Office
ISBN 13 : 9780160863998
Total Pages : 330 pages
Book Rating : 4.8/5 (639 download)

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Book Synopsis Social Security Programs Throughout the World: Europe, 2010 by :

Download or read book Social Security Programs Throughout the World: Europe, 2010 written by and published by Government Printing Office. This book was released on 2010-09-17 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social Security Programs Throughout the World: Europe, 2010 provides a cross-national comparison of social security systems. It summarizes the five main social insurance programs: old age, disability, and survivors; sickness and maternity; work injury; unemployment; and family allowances. It is published in four regional volumes (Europe, Asia and the Pacific, Africa, and the Americas), one every 6 months.

Pension Revolution

Author : Keith P. Ambachtsheer
Publisher : John Wiley & Sons
ISBN 13 : 1118160657
Total Pages : 252 pages
Book Rating : 4.1/5 (181 download)

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Book Synopsis Pension Revolution by : Keith P. Ambachtsheer

Download or read book Pension Revolution written by Keith P. Ambachtsheer and published by John Wiley & Sons. This book was released on 2011-07-05 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for Pension Revolution "When Keith Ambachtsheer puts his keen mind to work on a problem, watch out! Here he exposes today's fragile arrangements for the most serious social dilemma of our times--financing retirement. Then he provides a compelling and powerful set of solutions. His writings are essential reading for all who care about the future of American living standards." --Peter Bernstein, founder and President, Peter L. Bernstein, Inc., and author of Capital Ideas and Against the Gods "This book describes one of the most ingenious inventions in the history of mankind: pension funds offering credible promises about old-age income. It reads like a thriller: how can well-governed pension funds be created in an imperfect world in which mortals wrestle with foibles and moral shortcomings? One of the world's leading experts on pensions searches for the answer--and finds it." --Lans Bovenberg, Scientific Director, Network for Studies on Pensions, Aging, and Retirement, Tilburg University, The Netherlands "Pension Revolution exposes the inadequacies of current pension systems and persuasively makes the case for the fundamental changes that are needed. It is essential reading for both the pension industry and policymakers." --Elizabeth Bryan, Chair, Investment Committee, Unisuper Management PM Ltd, Australia "Most analyses of complicated issues deal with complexity by simplifying or only looking at one piece-part, and, in doing so, provide limited value. In stark contrast, Keith Ambachtsheer boldly wades into the complexity in Pension Revolution to come up with a valuable integrative solution. He is a most welcome revolutionary!" --Roger Martin, Dean, Joseph L. Rotman School of Management, University of Toronto, Canada "We have known Keith for over ten years, and consistently over that time, he has constructively and comprehensively challenged conventional wisdom. He has done this so effectively that many of his initial thoughts have now become universally accepted norms. Such is his energy however that he continues to push the boundaries of pension and investment thinking." --Peter Moon, Chief Investment Officer, Universities Superannuation Scheme Ltd, UK "Pension Revolution not only explains the shortcomings of the existing pension system and the underlying design features that have resulted in the current pension upheaval. It also offers thoughtful and creative suggestions for prospective pension design. A must-read for anyone interested in the future of retirement finance." --James Poterba, Professor of Economics, Massachusetts Institute of Technology and a member of the TIAA-CREF Board of Trustees

Pensions at a Glance 2009 Retirement-Income Systems in OECD Countries

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264060715
Total Pages : 284 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Pensions at a Glance 2009 Retirement-Income Systems in OECD Countries by : OECD

Download or read book Pensions at a Glance 2009 Retirement-Income Systems in OECD Countries written by OECD and published by OECD Publishing. This book was released on 2009-09-01 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This third edition of Pensions at a Glance updates in-depth information on the key features of mandatory pension systems—both public and private—in the 30 OECD countries, including projections of retirement income for today’s workers.

Social Security Programs and Retirement around the World

Author : Courtney C. Coile
Publisher : University of Chicago Press
ISBN 13 : 022661929X
Total Pages : 347 pages
Book Rating : 4.2/5 (266 download)

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Book Synopsis Social Security Programs and Retirement around the World by : Courtney C. Coile

Download or read book Social Security Programs and Retirement around the World written by Courtney C. Coile and published by University of Chicago Press. This book was released on 2019-12-12 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: In developed countries, men’s labor force participation at older ages has increased in recent years, reversing a decades-long pattern of decline. Participation rates for older women have also been rising. What explains these patterns, and the differences in them across countries? The answers to these questions are pivotal as countries face fiscal and retirement security challenges posed by longer life-spans. This eighth phase of the International Social Security project, which compares the social security and retirement experiences of twelve developed countries, documents trends in participation and employment and explores reasons for the rising participation rates of older workers. The chapters use a common template for analysis, which facilitates comparison of results across countries. Using within-country natural experiments and cross-country comparisons, the researchers study the impact of improving health and education, changes in the occupation mix, the retirement incentives of social security programs, and the emergence of women in the workplace, on labor markets. The findings suggest that social security reforms and other factors such as the movement of women into the labor force have played an important role in labor force participation trends.

Retirement Systems in Japan

Author : Robert Louis Clark
Publisher : University of Pennsylvania Press
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Retirement Systems in Japan by : Robert Louis Clark

Download or read book Retirement Systems in Japan written by Robert Louis Clark and published by University of Pennsylvania Press. This book was released on 1991 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Pension Research Council of the Wharton School

Social Security and Early Retirement

Author : Robert Fenge
Publisher : CESifo Book
ISBN 13 :
Total Pages : 160 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis Social Security and Early Retirement by : Robert Fenge

Download or read book Social Security and Early Retirement written by Robert Fenge and published by CESifo Book. This book was released on 2005 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Theoretical and empirical analysis of the relationship between retirement decision and pension systems, with policy recommendations for reversing the current trend toward early retirement. The contrasting trends toward earlier retirement and greater longevity have resulted in steadily increasing retirement costs over the last forty years. One important factor influencing early retirement decisions is the expansion of retirement benefits; but studies predict that most countries, particularly those with early retirement incentives, will be unable to meet future pension and social security obligations. In this timely CESifo volume, Robert Fenge and Pierre Pestieau examine empirical and theoretical evidence that explains why early retirement has become such a burden for social security systems and suggest pension system reforms that will reverse the trend. Drawing on evidence from the European Union (with comparisons to other industrialized countries including the United States and Canada), the authors demonstrate that the effective retirement age is influenced by social security regulations (such as a change in eligibility age) and discuss ways of measuring these embedded incentives. Fenge and Pestieau examine the implicit taxes on prolonged working life from normative and political economy perspectives. They discuss optimal payroll tax rates that minimize distortions of labor supply and retirement decisions and consider alternative ways to finance benefits, including consumption and capital income taxation. They discuss why policies are designed to discourage employment among older workers and why reforms to counter this often meet resistance. They demonstrate, contrary to the belief of many European governments, that pushing older workers into retirement does not free jobs for young unemployed workers. They show that the gap between salaries and productivity is an incentive for employers to rid themselves of older workers and argue that governments should not support this behavior by compensating older workers for the difference between severance payments and salaries in early retirement programs.

The Future of Public Employee Retirement Systems

Author : Gary Anderson
Publisher : OUP Oxford
ISBN 13 : 0191610259
Total Pages : 366 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis The Future of Public Employee Retirement Systems by : Gary Anderson

Download or read book The Future of Public Employee Retirement Systems written by Gary Anderson and published by OUP Oxford. This book was released on 2009-08-13 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: People covered by public pensions are often the subject of 'pension envy:' that is, their benefits might seem more generous and their contributions lower than those offered by the private sector. Yet this book points out that such judgments are often inaccurate, since civil servants hold jobs with few counterparts in private industry, such as firefighters, police, judges, and teachers. Often these are riskier, dirtier, and demand more loyalty and discretion than would be required of a more mobile labor force in the private sector. The debate challenges traditional ideas about how the public employee labor contract is structured and raises questions about how such employees are attracted to the public sector, retained and motivated on the job, and retired, via an entire compensation package of wages and benefits. Authors explore aspects of these schemes, addressing the cost and valuation debate, along with the political economy of how public pension asset pools are perceived and managed, an increasingly important topic in times of global financial turmoil. The discussion also explores ways that public pensions can be strengthened in the US, Japan, Canada, and Germany. The volume captures a vigorous debate currently underway by academics, financial experts, regulators, and plan sponsors, all seeking to define a new future for public retirement systems. It will be of substantial interest to a wide range of readers, since public sector employees and their representatives will naturally find the comparisons and arguments over valuation of keen interest. Public pension administrators and policymakers seeking an explanation of what makes these plans so costly will gain a new understanding of how the arguments stack up. Private sector employers and plan sponsors can learn much from efforts to reform these retirement systems in states and countries around the world. Finally, investors and the taxpaying public more generally may be at risk to cover these long-term promises, so it behoves them to pay close attention to the financing and investment practices of these plans, along with their valuation. This volume represents an invaluable addition to the Pension Research Council / Oxford University Press series as it includes actuarial, economic, and financial perspectives making it useful for academics, retirement plan administrators, and public employees wishing to understand the challenges facing public pensions.

Pension Systems and Retirement Incomes Across OECD Countries

Author : Richard Disney
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782542353
Total Pages : 388 pages
Book Rating : 4.5/5 (423 download)

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Book Synopsis Pension Systems and Retirement Incomes Across OECD Countries by : Richard Disney

Download or read book Pension Systems and Retirement Incomes Across OECD Countries written by Richard Disney and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analysis of the pension reform process in nine countries. It examines the policy reform process in each country, against the background of the fiscal stresses arising from ageing populations. It also explores whether different pension delivery systems generate different standards of living.