The Challenge of Public Pension Reform in Advanced and Emerging Economies

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Author :
Publisher : International Monetary Fund
ISBN 13 : 147556631X
Total Pages : 86 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis The Challenge of Public Pension Reform in Advanced and Emerging Economies by : Mr.Benedict J. Clements

Download or read book The Challenge of Public Pension Reform in Advanced and Emerging Economies written by Mr.Benedict J. Clements and published by International Monetary Fund. This book was released on 2013-01-25 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where pension coverage is extensive, the issues are similar to those in advanced economies. Where pension coverage is low, the key challenge will be to expand coverage in a fiscally sustainable manner. This volume examines the outlook for public pension spending over the coming decades and the options for reform in 52 advanced and emerging market economies.

Prospects for Social Security Reform

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Publisher : University of Pennsylvania Press
ISBN 13 : 9780812234794
Total Pages : 446 pages
Book Rating : 4.2/5 (347 download)

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Book Synopsis Prospects for Social Security Reform by : Olivia S. Mitchell

Download or read book Prospects for Social Security Reform written by Olivia S. Mitchell and published by University of Pennsylvania Press. This book was released on 1999-01-29 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States social security system is the nation's largest social insurance program. As such, it has a far-reaching impact throughout the economy, influencing not only old-age economic security but also many behaviors, including corporate employment policy, retirement patterns, and personal saving. In the past, the system's universal coverage and generous benefits ensured popular support to a degree enjoyed by no other form of "big government" social spending. Yet over two-thirds of all Americans today believe that the social security system will face bankruptcy by the time they retire. The question of social security reform—how to reform the system or whether the system needs reform at all—is the subject of heated debate at all levels of government, in the media, and among workers, pensioners, and employers. Prospects for Social Security Reform informs the debate by exploring why the system is at a crossroads today and what to do about it. Contributors detail the size and nature of the problem, explain views of key "stakeholders" regarding reform options, and report new evidence on how reform might affect the economy. Research findings and public opinion polls are analyzed, as are lessons from other countries experimenting with new ways to deliver old-age benefit promises. No other volume includes as diverse and expert a set of perspectives on reform and privatization as those gathered here from economists, actuaries, employers, investment managers, and representatives of organized labor. Among its chapters is the path-breaking study "Social Security Money's Worth," the 1999 winner of the TIAA-CREF's Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security.

Pensions at a Glance 2019 OECD and G20 Indicators

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Author :
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.

Assessing Chile's Pension System: Challenges and Reform Options

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Author :
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

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Author :
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.

Reforming Pensions: Principles and Policy Choices

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Author :
Publisher : Oxford University Press
ISBN 13 : 0199885990
Total Pages : 785 pages
Book Rating : 4.1/5 (998 download)

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Book Synopsis Reforming Pensions: Principles and Policy Choices by : Nicholas Barr

Download or read book Reforming Pensions: Principles and Policy Choices written by Nicholas Barr and published by Oxford University Press. This book was released on 2008-09-17 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mandatory pensions are a worldwide phenomenon. However, with fixed contribution rates, monthly benefits, and retirement ages, pension systems are not consistent with three long-run trends: declining mortality, declining fertility, and earlier retirement. Many systems need reform. This book gives an extensive nontechnical explanation of the economics of pension design. The theoretical arguments have three elements: * Pension systems have multiple objectives--consumption smoothing, insurance, poverty relief, and redistribution. Good policy needs to bear them all in mind. * Good analysis should be framed in a second-best context-- simple economic models are a bad guide to policy design in a world with imperfect information and decision-making, incomplete markets and taxation. * Any choice of pension system has risk-sharing and distributional consequences, which the book recognizes explicitly. Barr and Diamond's analysis includes labor markets, capital markets, risk sharing, and gender and family, with comparison of PAYG and funded systems, recognizing that the suitable level of funding differs by country. Alongside the economic principles of good design, policy must also take account of a country's capacity to implement the system. Thus the theoretical analysis is complemented by discussion of implementation, and of experiences, both good and bad, in many countries, with particular attention to Chile and China.

Reforming the Greek Pension System

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513588842
Total Pages : 26 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Reforming the Greek Pension System by : Mr. Alvar Kangur

Download or read book Reforming the Greek Pension System written by Mr. Alvar Kangur and published by International Monetary Fund. This book was released on 2021-07-16 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Greek pension system has been costly, complex, and distortive, which has contributed to Greece’s fiscal problems and discouraged labor force participation. Several attempts to reform the system faltered due to lack of implementation, pushback by vested interests, and court rulings leading to reversals. A series of reforms introduced throughout 2015–17 unified benefit and contribution rules, removed several distortions and reduced fragmentation and costs. If fully implemented throughout the long-term, these reforms can go a long way towards enhancing the pension system affordability. However, reforms faced setbacks and fell short of creating stronger incentives to build long contribution histories, to deliver sustainable growth by improving the fiscal policy mix, and to ensure fairness and equitable burden sharing across generations and interest groups. Policy priorities should aim towards fully implementing the 2015–17 reforms and complementing them with additional reforms to address these remaining objectives.

Old-age Income Support in the 21st Century

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Author :
Publisher : World Bank Publications
ISBN 13 : 082136040X
Total Pages : 246 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Old-age Income Support in the 21st Century by : Robert Holzmann

Download or read book Old-age Income Support in the 21st Century written by Robert Holzmann and published by World Bank Publications. This book was released on 2005-01-01 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past decade has brought an increasing recognition to the importance of pension systems to the economic stability of nations and the security of their aging populations. This report attempts to explain current policy thinking and update the World Bank's perspective on pension reform. This book incorporates lessons learned from recent Bank experiences and research that have significantly increased knowledge and insight regarding how best to proceed in the future. The book has a comprehensive introduction and two main parts. Part I presents the conceptual underpinnings for the Bank's thinking on pension systems and reforms, including structure of Bank lending in this area. Part II highlights key design and implementation issues where it signals areas of confidence and areas for further research and experience, and includes a section on regional reform experiences, including Latin American and Europe and Central Asia.

Pension Task Force Report on Public Employee Retirement Systems

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Author :
Publisher :
ISBN 13 :
Total Pages : 868 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Pension Task Force Report on Public Employee Retirement Systems by : United States. Congress. House. Committee on Education and Labor. Subcommittee on Labor Standards. Pension Task Force

Download or read book Pension Task Force Report on Public Employee Retirement Systems written by United States. Congress. House. Committee on Education and Labor. Subcommittee on Labor Standards. Pension Task Force and published by . This book was released on 1978 with total page 868 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Pension Reform

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Author :
Publisher : World Bank Publications
ISBN 13 : 082136166X
Total Pages : 692 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Pension Reform by : Robert Holzmann

Download or read book Pension Reform written by Robert Holzmann and published by World Bank Publications. This book was released on 2006 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents 25 state of the art papers on the conceptual foundations and issues surrounding Non-financial, or Notional, Defined Contribution (NDC), country implementation of NDC (Italy, Latvia, Poland, and Sweden) and case studies for countries where NDC is figured in the reform debate. This book is intended to be a handbook for academics and policy makers who want to become informed about what NDC is and to learn about the pros and cons of this attractive reform proposal.

Annual Report

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Publisher :
ISBN 13 :
Total Pages : 702 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Annual Report by : Carnegie Foundation for the Advancement of Teaching

Download or read book Annual Report written by Carnegie Foundation for the Advancement of Teaching and published by . This book was released on 1916 with total page 702 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Pensions in the Public Sector

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Author :
Publisher : University of Pennsylvania Press
ISBN 13 : 9780812235784
Total Pages : 692 pages
Book Rating : 4.2/5 (357 download)

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Book Synopsis Pensions in the Public Sector by : Olivia S. Mitchell

Download or read book Pensions in the Public Sector written by Olivia S. Mitchell and published by University of Pennsylvania Press. This book was released on 2001 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Pension Research Council of the Wharton School, this book explores the diversity of governmental pension plans and investigates how these financial institutions must change in years to come.

Labor-Management Reporting and Disclosure Act of 1959, as Amended

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Author :
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Labor-Management Reporting and Disclosure Act of 1959, as Amended by :

Download or read book Labor-Management Reporting and Disclosure Act of 1959, as Amended written by and published by . This book was released on 1999 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Abstracts of Reports and Testimony

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Author :
Publisher :
ISBN 13 :
Total Pages : 424 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis Abstracts of Reports and Testimony by :

Download or read book Abstracts of Reports and Testimony written by and published by . This book was released on 1992 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Report of the Illinois Public Employees Pension Laws Commission

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Author :
Publisher :
ISBN 13 :
Total Pages : 828 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Report of the Illinois Public Employees Pension Laws Commission by : Illinois Public Employees Pension Laws Commission

Download or read book Report of the Illinois Public Employees Pension Laws Commission written by Illinois Public Employees Pension Laws Commission and published by . This book was released on 1965 with total page 828 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Beveridge Report

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Publisher : Taylor & Francis
ISBN 13 : 1000781631
Total Pages : 250 pages
Book Rating : 4.0/5 (7 download)

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Book Synopsis The Beveridge Report by : Derek Fraser

Download or read book The Beveridge Report written by Derek Fraser and published by Taylor & Francis. This book was released on 2022-11-11 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides the definitive account of the making of the 1942 Beveridge Report and its influence on wartime and post-war social policy. The Beveridge Report: Blueprint for the Welfare State aims to offer a definitive analysis of the famous document, so influential in the founding of the Welfare State and the National Health Service, which still resonates in current debates about ‘getting back to Beveridge’ and a ‘Beveridge for the 21st Century’. It is based on extensive research into the papers of the Beveridge Committee, official Government archives and the papers of contemporary politicians and groups. Published to coincide with the Report’s 80th anniversary, the book is treated as a case study in policy formulation during the 1940s. Key features of the book include The first systematic review and assessment of the work of the Beveridge Committee and the evidence submitted to it Detailed analysis of the enthusiastic reception of the Report and the government’s lukewarm attitude A full survey of the detailed planning for welfare reform and Beveridge’s role when excluded from it An assessment of the influence of Beveridge upon the creation of the Welfare State by Attlee’s Labour Government This important book will be of interest to scholars of twentieth-century British, social history, political history and contemporary politics and comparative health and education systems. Derek Fraser is Emeritus Professor at the University of Teesside, where he served as Vice-Chancellor for 11 years.

Employee Retirement Income Security Act of 1974

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Author :
Publisher :
ISBN 13 :
Total Pages : 116 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Employee Retirement Income Security Act of 1974 by : United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight

Download or read book Employee Retirement Income Security Act of 1974 written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight and published by . This book was released on 1976 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: