Many of Asia‟s retirement-income systems are ill prepared for the rapid population ageing that will occur over the next … ensure that they are financially sustainable and provide adequate retirement incomes. In some countries – China, Vietnam …, Pakistan, Chinese Taipei – pension levels are high relative to earnings. Early retirement ages, especially for women, provide …

(LFPR) and the retirement age; changes in the labour productivity growth rate (LPGR); changes in the mortality, net overseas … reducing fiscal pressure but enhance a PAYGP. Participation policies to increase the LFPR and the retirement age are very …

individuals' employment, retirement and consumption decisions. Our modeling approach allows life expectancy and the nature of the … public pension system to influence the decisions of forward-looking individuals planning for retirement. We calculate that …, increasing the full pensionable age generates the largest responses in labor supply and retirement behavior. …

identifies how accumulated assets can be used optimally throughout retirement to produce life-long income when required, to make … do this using a SPEEDOMETER (or Spending Optimally Throughout Retirement) retirement expenditure plan which employs … degree of flexibility in managing the run-down of retirement assets; (3) capital protection in the form of ‘money …

future of pensions can all use as a reference point. International comparisons of retirement-income regimes to date have …Reforming pensions is a central policy issue in developed and developing countries alike. However, it is challenging … other countries’ pension systems and their experiences of retirement-income reforms. However, national pension systems are …

defined-benefit scheme are very different from the defined-contribution retirement saving plan. …The object of this paper is to examine the impact of type of pension scheme on retirement behaviour. The well … the role of privately managed defined-contribution pensions. An obvious question is how these regimes are likely to affect …

security, employer sponsored pensions, and households’ own saving. Social security was intended to provide a retirement income … base. Pensions generated additional retirement income. Households’ own saving supplemented these sources. In many ways this …DURING THE PAST half century, retirement income security in the United States has been based on a combination of social …

Most literature about retirement planning treats the working (accumulation) and retirement (decumulation) phases … retirement spending goals, reducing their feasible lifestyle prior to retirement. By jointly considering both phases of … retirement planning, this study provides savings rate guidelines for individuals in 25 emerging market countries. The savings …