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The Chilean Pension Reform Turns 25:Lessons from the Social Protection Survey
Chile Retirement system PAYGO Defined contribution individual accounts Social Protection Survey
2016/3/18
In 1980, Chile dramatically reformed its retirement system, replacing what was an old insolvent PAYGO program with a new structure that relies heavily on funded defined contribution individual account...
Pension Coverage for Parents and Educational Investment in Children: Evidence from Urban China
pension education expenditure gender difference urban China
2012/10/22
When social security is established to provide pensions to parents, their reliance upon children for future financial support decreases; and their need to save for retirement also falls. We use the ex...
Global Pension Systems and Their Reform: Worldwide Drivers, Trends, and Challenges
population aging longevity financial crisis multi pillar pension systems social pension NDC MDC
2012/10/22
Across the world, pension systems and their reforms are in a constant state of flux driven by shifting objectives, moving reform needs, and a changing enabling environment. The ongoing worldwide finan...
Pension Systems in the EU Contingent Liabilities and Assets in the Publicand Private Sector
Pension Systems Liabilities and Assets Publicand Private Sector
2012/3/15
This study provides an overview of the different pension systems across EU
Member States and describes contingent liabilities and assets in the public and
private sectors. Therefore, the study asses...
Longevity, Life-Cycle Behavior and Pension Reform
life expectancy public pension reform retirement employment life-cycle models consumption tax and transfer system
2012/10/25
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To address this pressing open question in public finance, we estimate a life-cycle mode...
Retirement Choice Simulation in Household Settings with Heterogeneous Pension Plans
retirement choice modelling microsimulation
2012/10/25
This paper estimates a structured life cycle model of family retirement decision using a unique historical dataset back simulated from Living in Ireland survey. Our model takes the advantages of the d...
The Future of Retirement and the Pension System: How the Public's Expectations Vary over Time and across Socio-Economic Groups
subjective probabilities old age social security occupational pensions
2012/10/26
We analyze expectations of the Dutch population of ages 25 and older concerning the future generosity state and occupational pensions, the two main pillars of the Dutch pension system. Since the summe...
Portability of Pension, Health, and Other Social Benefits: Facts, Concepts, Issues
portability acquired rights migration bilateral agreements risk pooling
2012/10/30
Portability of social benefits across professions and countries is an increasing concern for individuals and policy makers. Lacking or incomplete transfers of acquired social rights are feared to nega...
The purpose of this study is to analyze the incidence of Total Permanent Disability (TPD)
pensions in Washington State's workers' compensation program.Concerns exist at both the
legislature and in...
This article presents findings on the number of occupational pension schemes in 2006, their membership and contributions to schemes by employers and employees. It is based on the Occupational Pension ...
Disability benefits for employees in private pension plans
Disability benefits employees pension plans
2009/6/9
Although benefits vary, for many 20-year employees aged 55, a private pension and social security would replace about one-half of the worker's pre-disability earnings.
Surviving spouse's benefits in private pension plans
private pension plans Surviving spouse
2009/6/2
Most private pension plans offer a lifetime minimum annuity to surviving spouses of about two-fifths of a worker's accrued benefits; however, many spouses may receive a smaller share, or may not be co...
Postretirement increases under private pension plans
Postretirement increases private pension plans
2009/5/31
Forty percent of pension participation had plans providing benefit increases for retirees during 1978-81; increases were usually less than half the rise in the Consumer Price Index.
Benefit formulas in medium and large firms gave 30-year employees retiring on Jan. 1, 1984, at age 65 average monthly pensions of $385 for those who earned $15,000 during 1983.
Trends in retirement eligibility and pension benefits, 1974-83
retirement eligibility pension benefits annuity
2009/5/19
Although annuity increases benefited retirees at all ages studied, the rate of increase was greater for those retiring at ages 55 and 62, than at 65.