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and comprehensible information about the pension system and individual expected pension payments. This reform did not … change the level of pensions, but only manipulated the knowledge about and salience of expected pension payments. Using …
Persistent link: https://www.econbiz.de/10011536015
Public and private pensions control almost a quarter of the United States' tangible wealth--equivalent to all of the … provides a guide to the debate. Topics include the impact of pensions on personal and national saving, the potential for a …
Persistent link: https://www.econbiz.de/10004972983
Extending working lives is often proposed as one route through which the costs associated with population ageing can be managed. In that context, understanding who currently works for longer can help policymakers to design policies to facilitate longer working. In particular, it is important to...
Persistent link: https://www.econbiz.de/10011931629
-as-you-go, state-run defined-benefit pensions to individual, private-sector, funded defined-contribution accounts. It looks at three … issues in this reform: the financing of the transition from pay-as-you-go to funded provision; the fiscal impact of voluntary … individuals for whom they were not suitable. The paper examines recent reform proposals and the prospects for reform under the New …
Persistent link: https://www.econbiz.de/10005619991
lump sums with the risk that people outlive their resources. Finally, pensions in payment are not automatically adjusted to …
Persistent link: https://www.econbiz.de/10009422100
research on gender inequality in access to self-employment, the gender gap in pensions, and the emerging topic of a gender gap …
Persistent link: https://www.econbiz.de/10014025339
This paper takes stock of Chile's defined contribution pension system and assesses reform options aimed at increasing … pension savings withdrawals to counter the effects from the COVID-19 pandemic. We find that a reform that raises contribution …
Persistent link: https://www.econbiz.de/10014507167
Many nations incentivize retirement saving by letting workers defer taxes on pension contributions, imposing them when retirees withdraw their funds. Using a dynamic life cycle model, we show how 'Rothification' - that is, taxing 401(k) contributions rather than payouts - alters saving,...
Persistent link: https://www.econbiz.de/10013464027
's 1999 notional defined-contribution pension reform in stabilizing this imbalance. Unlike many international counterparts …
Persistent link: https://www.econbiz.de/10014577262
pensions by taking a business and economic historical perspective on the issue. It focuses on Prussian Knappschaften (plural of …
Persistent link: https://www.econbiz.de/10010273586