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The Evolving Retirement Income Package


The Evolving Retirement Income Package
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The Evolving Retirement Income Package


The Evolving Retirement Income Package
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Author : Atsuhiro Yamada
language : en
Publisher:
Release Date : 2002

The Evolving Retirement Income Package written by Atsuhiro Yamada and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Equality categories.


"In 1998, the OECD issued a report, Maintaining Prosperity in an Ageing Society, on the widespread policy implications of ageing. This study is a background paper for one of the follow-up studies, Ageing and Income: Financial Resources and Retirement in Nine OECD countries, which was published by OECD in 2001. Canada, Finland, Germany, Italy, Japan, the Netherlands, Sweden, the United Kingdom and the United States participated in this activity. "--P. 4.



The Evolving Pension System


The Evolving Pension System
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Author : William G. Gale
language : en
Publisher: Rowman & Littlefield
Release Date : 2006-01-10

The Evolving Pension System written by William G. Gale and has been published by Rowman & Littlefield this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-01-10 with Business & Economics categories.


The Evolving Pension System examines the foundations and the future of the private pension system. It provides a broad overview of the underlying assumptions, characteristics, and effects of existing pension policy, as well as alternative views on how public policy toward pensions should evolve in the future. Contributors include Robert Clark (North Carolina State University), Eric Engen (Federal Reserve Board), William G. Gale (Brookings Institution), Theodore Groom (Groom Law Group, Chartered), Daniel Halperin (Harvard), Alicia Munnell (Boston College), Leslie Papke (Michigan State University), Joseph Quinn (Boston College), Sylvester Schieber (Watson Wyatt), John B. Shoven (Stanford), and Jack Vanderhei (Temple University and EBRI). William G. Gale is the Joseph A. Pechman Fellow in the Economic Studies program at the Brookings Institution. John B. Shoven is Charles R. Schwab Professor at Stanford University. Mark J. Warshawsky is director of research at the TIAA-CREF Institute.



Reinventing The Retirement Paradigm


Reinventing The Retirement Paradigm
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Author : Robert L. Clark
language : en
Publisher: OUP Oxford
Release Date : 2005-08-11

Reinventing The Retirement Paradigm written by Robert 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 2005-08-11 with Business & Economics categories.


This book explores how rising pension and healthcare costs, along with workforce aging, are affecting pension and retirement planning around the world. Many middle-aged workers now realize that they will have to work longer than intended, as they begin to recognize that their retirement resources will be inadequate to finance retirement consumption. Volatile capital markets, rising medical-care costs, and low saving rates make retirement behavior and policy a moving target.Olivia Mitchell, executive director of The Pension Research Council at Wharton, and Robert L. Clark, Professor of Business Management and Economics at North Carolina State University, explore these themes with colleagues, touching on a diverse set of issues ranging from employment trends to pension accounting and investment, to retirement system overhaul. They illustrate how employers are actively reformulating the meaning of work and retirement, seeking to encourage more people to worklonger than ever before in the face of projected labor shortages. At the same time, public and private trust in traditional pension offerings is rapidly eroding, as companies alter, amend, and terminate their conventional plans in the face of poor investment performance and new methods of pensionaccounting. Experts from the UK, the US, Japan, Sweden, and Canada offer international perspectives on the evolving institutions of retirement practice.This book provides readers a range of insights and strategies not available in other volumes, and it represents an invaluable addition to the PRC/OUP series. It will be particularly valuable for managers working toward more efficient pension plans; to scholars and policymakers seeking to maximize pension design and effectiveness; and to actuaries and tax specialists concerned with pension regulation. The Pension Research Council at the Wharton School of the University of Pennsylvania wasfounded 50 years ago to encourage research and teaching on pensions and retirement security. Council projects address the long-term issues that underlie contemporary concerns and seek to broaden public understanding of these complex arrangements through research into their social, economic, legal,actuarial, and financial foundations of privately and publicly-provided benefits.



The Evolution Of Retirement


The Evolution Of Retirement
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Author : Dora L. Costa
language : en
Publisher: University of Chicago Press
Release Date : 1998-06-22

The Evolution Of Retirement written by Dora L. Costa and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-06-22 with Business & Economics categories.


The Evolution of Retirement is the first comprehensive economic history of retirement in America. With life expectancies steadily increasing, the retirement rate of men over age 64 has risen drastically. Dora L. Costa looks at factors underlying this increase and shows the dramatic implications of her findings for both the general public and the U.S. government. Costa argues that the rise of retirement is the result of a culmination of historical trends initiated more than a century ago, not the consequence of abrupt social or institutional change. She attributes much of the long-term increase in retirement rates to steadily rising income, but argues that increased income is not the sole explanation. Over the course of this century, men's retirement decision has become less sensitive to increases or decreases in income, perhaps because retirement has become a time of discovery and personal fulfillment, rather than a time of withdrawal from activities and dependence on family. Using statistical and demographic concepts, Costa explains trends in retirement data. Her examination sheds light on such important topics as rising incomes and retirement, work and disease, the job prospects of older workers, living arrangements of the elderly, the development of a retirement lifestyle, and pensions, and politics. She concludes with a look into the future and further evolution of retirement, addressing perhaps the most vexing problem of retirement policy, the impact of the aging Baby Boom generation on the Social Security System.



The Oxford Handbook Of Pensions And Retirement Income


The Oxford Handbook Of Pensions And Retirement Income
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Author : Gordon L. Clark
language : en
Publisher: Oxford University Press, USA
Release Date : 2006-07-20

The Oxford Handbook Of Pensions And Retirement Income written by Gordon L. Clark and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-07-20 with Business & Economics categories.


This handbook draws on research from a range of academic disciplines to reflect on the implications for provisions of pension and retirement income of demographic ageing. it reviews the latest research, policy related tools, analytical methods and techniques and major theoretical frameworks.



Assessing Chile S Pension System Challenges And Reform Options


Assessing Chile S Pension System Challenges And Reform Options
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Author : Samuel Pienknagura
language : en
Publisher: International Monetary Fund
Release Date : 2021-09-10

Assessing Chile S Pension System Challenges And Reform Options written by Samuel Pienknagura and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-09-10 with Business & Economics categories.


Chile’s pension system came under close scrutiny in recent years. This paper takes stock of the adequacy of the system and highlights its challenges. Chile’s defined contribution system was quite influential when introduced, and was taken as an example by other countries. However, it is now delivering low replacement rates relative to OECD peers, as its parameters did not adapt over time to changing demographics and global returns, while informality persists in the labor market. In the absence of reforms, the system’s inability to deliver adequate outcomes for a large share of participants will continue to magnify, as demographic trends and low global interest rates will continue to reduce replacement rates. In addition, recent legislation allowing for pension savings withdrawals to counter the effects from the COVID-19 pandemic, is projected to further reduce replacement rates and increase fiscal costs. A substantial improvement in replacement rates is feasible, via a reform that raises contribution rates and the retirement age, coupled with policies that increases workers’ contribution density.



Social Security Programs And Retirement Around The World


Social Security Programs And Retirement Around The World
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Author : Axel Börsch-Supan
language : en
Publisher: University of Chicago Press
Release Date : 2021-03-05

Social Security Programs And Retirement Around The World written by Axel Börsch-Supan and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-05 with Business & Economics categories.


This ninth phase of the International Social Security project, which studies the experiences of twelve developed countries, examines the effects of public pension reform on employment at older ages. In the past two decades, men’s labor force participation at older ages has increased, reversing a long-term pattern of decline; participation rates for older women have increased dramatically as well. While better health, more education, and changes in labor-supply behavior of married couples may have affected this trend, these factors alone cannot explain the magnitude of the employment increase or its large variation across countries. The studies in this volume explore how financial incentives to work at older ages have evolved as a result of public pension reforms since 1980 and how these changes have affected retirement behavior. Utilizing a common template to analyze the developments across countries, the findings suggest that social security reforms have strengthened the financial returns to working at older ages and that these enhanced financial incentives have contributed to the rise in late-life employment.



Employee Pensions


Employee Pensions
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Author : Teresa Ghilarducci
language : en
Publisher: Cornell University Press
Release Date : 2007

Employee Pensions written by Teresa Ghilarducci and has been published by Cornell University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business & Economics categories.


Describes policy directions, especially defined benefit plans and defined contribution plans, and their implications for both employers and employees. Reflects on issues of partial retirement, multi-employers plans, savings plans, and the potential and pitfalls of US Federal pension policy.



The Evolution Of Retirement


The Evolution Of Retirement
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Author : Dora L. Costa
language : en
Publisher: University of Chicago Press
Release Date : 2008-04-15

The Evolution Of Retirement written by Dora L. Costa and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-15 with Political Science categories.


Winner of the 1998 Paul A. Samuelson Award given by TIAA-CREF, The Evolution of Retirement is the first comprehensive economic history of retirement in America. With life expectancies steadily increasing, the retirement rate of men over age 64 has risen drastically. Dora L. Costa looks at factors underlying this increase and shows the dramatic implications of her findings for both the general public and the U.S. government. Using statistical, and demographic concepts, Costa sheds light on such important topics as rising incomes and retirement, work and disease, the job prospects of older workers, living arrangements of the elderly, the development of a retirement lifestyle, and pensions and politics. "[Costa's] major contribution is to show that, even without Social Security and Medicare, retirement would have expanded dramatically."—Robert J. Samuelson, New Republic "An important book on a topic which has become popular with historians and is of major significance to politicians and economists."—Margaret Walsh, Business History



Social Security Policy In A Changing Environment


Social Security Policy In A Changing Environment
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Author : Jeffrey R. Brown
language : en
Publisher: University of Chicago Press
Release Date : 2009-12-15

Social Security Policy In A Changing Environment written by Jeffrey R. Brown and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-12-15 with Business & Economics categories.


Social Security Policy in a Changing Environment analyzes the changing economic and demographic environment in which social insurance programs that benefit elderly households will operate. It also explores how these ongoing trends will affect future beneficiaries, under both the current social security program and potential reform options. In this volume, an esteemed group of economists probes the challenge posed to Social Security by an aging population. The researchers examine trends in private sector retirement saving and health care costs, as well as the uncertain nature of future demographic, economic, and social trends—including marriage and divorce rates and female participation in the labor force. Recognizing the ambiguity of the environment in which the Social Security system must operate and evolve, this landmark book explores factors that policymakers must consider in designing policies that are resilient enough to survive in an economically and demographically uncertain society.