Pensions In The European Union Adapting To Economic And Social Change
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Pensions In The European Union Adapting To Economic And Social Change
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Author : Gerard Hughes
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Pensions In The European Union Adapting To Economic And Social Change written by Gerard Hughes and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Social Science categories.
The ageing, financial and labour market challenges facing the old age pension systems of the member states of the European Union are well known. Those who cast doubt on the ability of the present system of pension provision - at least to the extent that it is pay-as-you-go financed - to cope with the problems posed by these challenges are getting more vociferous. Increasingly there are calls for pay-as-you-go systems to be cut back and for funded systems to be expanded. This book contests the view that funding is the answer. It shows how adaptable the largely pay-as-you-go old age pension systems in the European Union are. Actuaries, economists, lawyers, political scientists, pension advisers, and sociologists, from nine European countries and the United States, consider four main themes: population ageing, competitiveness and retirement; pension financing and economic growth; adapting pension systems to meet change; and decision-making processes. They argue that pay-as-you-go-financed old age pension systems in the European Union have the ability to successfully adapt to economic and social change provided they do not take on too many non-insurance-related risks. Solving the problems of the labour market and controlling the direction and extent of economic development are beyond the powers of old age pension systems, regardless of how they are structured or financed. Separate budgets for separate risks is an indispensable principle if the complex processes of social protection are to be successfully managed, monitored, and made transparent. There can be no single plan for the future development of old age pension systems which would be universally valid for all the countries of the European Union. A single solution cannot take into account the special circumstances obtaining in every nation, and since respect for the special features of national systems is the basis of popular acceptance, the way forward is to reform existing systems in existing contexts.
The Future Of Pension Plans In The Eu Internal Market
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Author : Nazaré da Costa Cabral
language : en
Publisher: Springer Nature
Release Date : 2019-11-26
The Future Of Pension Plans In The Eu Internal Market written by Nazaré da Costa Cabral and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-26 with Business & Economics categories.
This edited volume takes a closer look at various European pension-plan models and the recent challenges, trends and predictions related to the design of such schemes. The contributors analyse new ideas, both from national governments and European institutions, and consider current debates on topics such as the Capital Markets Union (CMU) and the so-called ‘European Pillar of Social Rights’ – calling for a new approach to social policy at the European level in response to common challenges, such as ageing and the digital revolution.This interdisciplinary work embraces economic, financial and legal perspectives, while focusing on previously selected coherence aspects in order to ensure that the analyses are comprehensive and globally consistent.
The Outlook On Supplementary Pensions In The Context Of Demographic Economic And Social Change
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Author : European Commission. Directorate-General for Employment, Industrial Relations, and Social Affairs
language : en
Publisher:
Release Date : 1997
The Outlook On Supplementary Pensions In The Context Of Demographic Economic And Social Change written by European Commission. Directorate-General for Employment, Industrial Relations, and Social Affairs and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Social Science categories.
Transformation Of Pension Systems In Central And Eastern Europe
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Author : Winfried Schm‹hl
language : en
Publisher: Edward Elgar Publishing
Release Date : 2002-06-26
Transformation Of Pension Systems In Central And Eastern Europe written by Winfried Schm‹hl and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-06-26 with Political Science categories.
'Given the highly specialised subject matter, which so easily degenerates into rather tedious calculations, this book is really amazingly interesting and competently executed.' - The late Mark Blaug, formerly of the University of London and University of Buckingham, UK
The Evolution Of Supplementary Pensions
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Author : Kolaczkowski, James
language : en
Publisher: Edward Elgar Publishing
Release Date : 2022-01-18
The Evolution Of Supplementary Pensions written by Kolaczkowski, James and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-18 with Law categories.
Presenting the evolution of supplementary pensions over the past 25 years, this comprehensive book introduces the origin of pensions as a concept and explores the role that international organisations play within the field. It draws comparisons between different welfare states, reflecting upon current research and identifying new directions and ideas.
Eu Pension Law
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Author : Yves Stevens
language : en
Publisher: Edward Elgar Publishing
Release Date : 2022-11-18
Eu Pension Law written by Yves Stevens and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-11-18 with Law categories.
This timely book provides a comprehensive overview of European pension law with a dual purpose: both to introduce the legal aspects of different forms of pension at the European level, as well as to explore the main legal policy issues.
Ageing Matters
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Author : John Doling
language : en
Publisher: Routledge
Release Date : 2018-01-18
Ageing Matters written by John Doling and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-18 with Social Science categories.
The implications of population ageing have long concerned politicians, policy makers and governmental and non-governmental organizations in the welfare states of Europe. However, an ageing workforce is increasingly a matter of concern for the developed and fast-developing countries of Asia. Japan leads the field in this respect on account of the speed of its postwar economic development. But the little tigers of Hong Kong, Singapore, South Korea and Taiwan are poised to catch up, and Malaysia, though in the second tier of developing Asian economics, faces the prospect of population ageing sufficient to daunt an as yet under-prepared infrastructure for old age support. This book is the first to examine in detail the experiences and prospects of population ageing in those Asian countries with the highest GDP per capita. The authors pose the question to what extent Asia and 'old Europe' can learn from each other in terms of policy planning. The first section of the book sets out the field in terms of the demographic characteristics and policy predicaments of European and Asian countries. The second section presents case-studies of six countries: Japan, Hong Kong, Singapore, South Korea, Taiwan and Malaysia.
Reforming Early Retirement In Europe Japan And The Usa
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Author : Bernhard Ebbinghaus
language : en
Publisher: OUP Oxford
Release Date : 2008-10-16
Reforming Early Retirement In Europe Japan And The Usa written by Bernhard Ebbinghaus and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-10-16 with Political Science categories.
Since the 1970s early exit from work has become a major challenge in modern welfare states. Governments, employers, and unions alike once thought of early retirement as a peaceful solution to the economic problems of mass unemployment and industrial restructuring. Today governments and international organizations advocate the postponement of retirement and an increase in activity among older workers. Comparing the USA, eight European countries, and Japan, this book demonstrates significant cross-national differences in early retirement across countries and over time. The study evaluates the impact of major variations in welfare regimes, production systems, and labor relations. It stresses the importance of the 'pull factor' of extensive welfare state provisions, particularly in Continental Europe; the 'push factor' of labor shedding strategies by firms, particularly in Anglo-American market economies; and the role of employers and worker representatives in negotiating retirement policies, particularly in coordinated market economies. Over the last three decades, early retirement has become a popular social policy and employment practice in the workplace, adding to the fiscal crises and employment problems of today's welfare states. Attempts to reverse early retirement policies have led to major reform debates. Unilateral government policies to cut back on social benefits have not had the expected employment results due to resistance from employers, workers, and their organizations. Successful reforms require the cooperation of both sides. This study provides comprehensive empirical analysis and a balanced approach to studying both the pull and the push factors affecting early exit from work needed to understand the development of early retirement regimes.
Pension Systems
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Author : Birgit Mattil
language : en
Publisher: Springer Science & Business Media
Release Date : 2006-03-08
Pension Systems written by Birgit Mattil and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-03-08 with Political Science categories.
Recently, policy debate and comparative research on old-age pensions have focused on the financial sustainability of pension systems in the face of demographic change. This study, however, also takes into account distributional effects involved in pension system structures. Theoretical, institutional and empirical analyses are combined to form a comprehensive framework for evaluating financial sustainability and distributional effects of the pension systems implemented in Germany and the United Kingdom. Along with projections of demographic trends and future public pension expenditure, the empirical results on old-age incomes and their distribution allow for identifying a number of reform options for each pension system to improve their financial or distributional results.
Pension Security In The 21st Century
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Author : Gordon L. Clark
language : en
Publisher: OUP Oxford
Release Date : 2003-11-20
Pension Security In The 21st Century written by Gordon L. Clark and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-11-20 with Business & Economics categories.
Future pension provision is highly controversial; it juxtaposes the challenges of old age security with the exigencies of global finance. Clearly, demography, finance and public accountability are crucial to current political debate. But there are other important issues. The problems of paying for the retirement of the baby boom generation has exposed profound differences in the advanced economies in terms of their financial institutions and infrastructure. Pension security has been re-conceptualised, in part, as an issue of global finance and international comparative advantage bringing with it a re-definition of risk and pension security. This book examines how major continental European and Anglo-American countries are dealing with these pressures, to what extent these responses are beginning to redraw the boundaries between public and private responsibility for pension security, and what the implications of public-private partnerships are for the financial organisation and infrastructure of European and global financial markets, and the nation-based welfare state. The contributors, all involved in policy development in their respective countries, assess the comparative strengths and weaknesses of recent pension initiatives in the light of continuing fiscal constraints and current market instabilities. Using a tight comparative framework, the book questions assumed divisions between states and markets, as new divisions between public and private spheres of pension responsibility require new regulatory machinery to guarantee future security. This book provides a vital reference point in understanding pension security in the 21st century for academics and postgraduates in the social sciences, economics and finance, geography, politics and social policy, policy makers in OECD countries and industry professionals.