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away from individual retirement accounts (IRAs). Although the idea is provocative, we conclude that the notion of “moving …
Persistent link: https://www.econbiz.de/10008565419
This second edition of Pensions at a Glance updates all the important indicators of retirement-income systems developed …’ pension regimes. The report starts by showing the different schemes that together make up national retirement income provision … debates. Finally, the report provides detailed background information on each of the 30 countries’ retirement …
Persistent link: https://www.econbiz.de/10005061685
The ageing of populations and hampering economic growth increase pressure on public fi-nances in many advanced capitalist societies. Consequently, governments have adopted pen-sion reforms in order to relieve pressure on public finances. These reforms have contributed to a relative shift from...
Persistent link: https://www.econbiz.de/10009277869
This paper chronicles the rise of social pensions in Mexico. First it summarizes the pension system prior to introduction of social pensions. Next it describes how Mexico City, the federal government, and seventeen of Mexico’s 31 states initiated social pensions, a policy supported eventually...
Persistent link: https://www.econbiz.de/10011260967
In the last decades, the pension system in Argentina has experienced important changes that included the introduction of an individual account defined-contribution component (or individual capitalisation) in 1994 and its subsequent reversal to a defined benefit pay-as-you-go pension scheme in...
Persistent link: https://www.econbiz.de/10011113700
While numerous Western countries first experienced cultural rationalization, next economic modernization, and then faced the challenges of population aging and pension policy reform, both Latin America and China, in contrast, are dealing with these challenges in the context of much less...
Persistent link: https://www.econbiz.de/10005836735
calculating the pension saved during a working life and the pension dis-saved after retirement. The findings show that there are …
Persistent link: https://www.econbiz.de/10013114018
older ages. This conjecture is assessed quantitatively with a life cycle general equilibrium model of retirement. At ages 60 …
Persistent link: https://www.econbiz.de/10011107614
DURING THE PAST half century, retirement income security in the United States has been based on a combination of social … 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 …
Persistent link: https://www.econbiz.de/10011109851
hypothetical cases. By focusing on all prospective pension transfers rather than just those at the point of retirement, this …
Persistent link: https://www.econbiz.de/10011110080