Providing a decent living standard and preventing old-age poverty are the two major challenges of pension insurance schemes. Replacement rates below the poverty line despite many years of contribution represent a major challenge for public pension schemes with respect to the systems "raison...

Gemäß der aktuellen Generationenbilanz belaufen sich die impliziten Staatsschulden derzeit auf rund 165 Prozent des BIP. Fast die Hälfte davon entfällt auf die gesetzliche Rentenversicherung - den ausgabenstärksten Sozialversicherungszweig. Vor diesem Hintergrund wirft diese Studie einen...

The provision of a universal old age pension is increasingly recognized as an important instrument for strengthening and extending social protection. A growing number of emerging economies, including East African countries, are introducing universal old age pensions to guarantee at least a basic...

This report examines how living standards - most commonly measured by households' incomes - were changing in the UK up to approximately the eve of the current COVID-19 crisis, using the latest official household income data covering years up to 2018-19. We particularly focus on how this differed...

Providing a decent living standard and preventing old-age poverty are the two major challenges of pension insurance schemes. Replacement rates below the poverty line despite many years of contribution represent a major challenge for public pension schemes with respect to the systems "raison...

Zur Vorbereitung des Jahresgutachtens 2019/2020 des Sachverständigenrats zur Begutachtung der gesamtwirtschaftlichen Entwicklung wurde das IAB unter anderem um seine Expertise zu folgenden Themen gebeten: Einschätzung der Leistungsinanspruchnahme und der Arbeitsanreize in der Grundsicherung...

This paper aims to show how the newly developed Hypothetical Household Tool of the EUROMOD microsimulation model can be used to generate institutional minimum income protection indicators. It does so by updating the CSB’s Minimum Income Protection Indicators (CSB-MIPI) dataset using EUROMOD...

We study the effect of the minimum wage on the employment outcomes and Social Security claiming of older US workers from 1983 to 2016. The probability of work at or near the minimum wage increases substantially near retirement, and previous researchers and policies suggest that older workers may...

The regulation on the Belgian occupational pension schemes has been recently changed. The new law allows for employers to choose between two different types of guarantees to offer to their affiliates. In this paper, we address the question arising naturally: which of the two guarantees is the...

Public pension systems based on the Notional Defined Contribution (NDC) principle were introduced during the '90s in Italy, Sweden and Poland, among other countries. They mimic private savings, in that individuals get back, as pensioners, what they contributed to social security during working...

Das Thema Altersarmut wird in Deutschland kontrovers diskutiert. Altersarmut gilt für viele als ein wichtiges sozialpolitisches Problem, da ältere Menschen nur wenige Möglichkeiten haben, etwas an ihrer Einkommensposition zu ändern. Arme Ältere sind deswegen einem hohen Risiko ausgesetzt,...

Die Rentenreformen zu Beginn dieses Jahrhunderts hinterlassen zunehmend Spuren. Das Rentenniveau sinkt kräftig. Gegenüber 1989 ergibt sich bereits heute eine Senkung um knapp 14 Prozent. Vorgesehen sind weitere Absenkungen mit der Folge einer drohenden Altersarmut insbesondere für...

The main purpose of minimum pension benefit programs and old-age social assistance programs is to guarantee a minimum standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the minimum pension program is a key welfare program and...

We estimate the effect of 70 y Mas, an age-conditioned transfer program for individuals age 70 and older in rural Mexico, on the labor force participation of beneficiaries and of younger individuals who live with them. Using data from the 2010 Mexican Census, we exploit the age and locality...

The creation of non-contributory pension schemes is becoming increasingly common as countries struggle to reduce poverty. Drawing on data from Mexico's Adultos Mayores Program (Older Adults Program) --a cash transfer scheme aimed at rural adults over 70 years of age-- we evaluate the effects of...

The dissertation exploits German micro-level data to add to the scant empirical evidence on the link between information, institutions and old-age provision. It is concerned with implications for data collection and policy analysis. It consists of an introduction and five essays which...

The main purpose of minimum pension benefit programs and old-age social assistance programs is to guarantee a minimum standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the minimum pension program is a key welfare program and...

Основное социальное назначение системы пенсионного страхования заключается в обеспечении минимально необходимого для проживания уровня дохода в случае...

The main purpose of minimum pension benefit programs and old-age social assistance programs is to guarantee a minimum standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the minimum pension program is a key welfare program and...

Aufgrund bestehender und sich weiter verstärkender Altersarmut steht der Reformbedarf der Leistungsseite der Gesetzlichen Rentenversicherung (GRV) im Zentrum der wissenschaftlichen und politischen Diskussion. Im Fokus stehen dabei Personen mit lückenhaften Erwerbsbiographien und niedrigen...

We analyze the effect of means-tested benefits on annuitization decisions. Most industrialized countries provide a subsistence level consumption floor in old age, usually in the form of means-tested benefits. The availability of such means-tested payments creates an incentive to cash out...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

The economy of Bosnia and Herzegovina, which is strongly connected to Europe through trade and financial channels, continues to pay a high price for the tough conditions in the area. The paper discuss that, following low demand in its trading partners, exports slumped in 2012 by 7.5 percent,...