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Author: National Advisory Council on Aging (Canada)
Publisher:
ISBN:
Category : Old age pensions
Languages : en
Pages : 13
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Book Description
Author: National Advisory Council on Aging (Canada)
Publisher:
ISBN:
Category : Old age pensions
Languages : en
Pages : 13
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 82
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Book Description
The first part of this document highlights the National Advisory Council on Aging (NACA) brief on the five principles for federal pension reform and presents a glossary of terms. The second part contains that NACA brief, which presents recommendations for reform under those five principles: continuing protection for low income seniors; full indexation of pension benefits; provision of benefits on the basis of family income, and ensuring equity between one- and two-income senior couples as well as fairness to women; progressivity of benefits by income level; and control of program costs. The third part is a NACA brief on Canada Pension Plan reform. It evaluates the cost of the Plan, with comparison to pension costs around the world, and makes recommendations with regard to: finding a balance between contribution rate increases and changes to benefits; options for reducing costs of benefits; the Plan's drop-out provision; the age of retirement; partial indexation of pensions; benefits to disabled contributors; survivor benefits; and management of the Plan fund.
Author:
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 132
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Book Description
Author: Mr.Benedict J. Clements
Publisher: International Monetary Fund
ISBN: 147556631X
Category : Business & Economics
Languages : en
Pages : 86
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Book Description
Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where pension coverage is extensive, the issues are similar to those in advanced economies. Where pension coverage is low, the key challenge will be to expand coverage in a fiscally sustainable manner. This volume examines the outlook for public pension spending over the coming decades and the options for reform in 52 advanced and emerging market economies.
Author:
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 132
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Book Description
Author: Robert Louis Clark
Publisher: University of Pennsylvania Press
ISBN: 9780812237146
Category : History
Languages : en
Pages : 280
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Book Description
From the Wharton School, offering a comprehensive assessment of the political and financial dimensions of public-sector pensions from the colonial period until the emergence of modern retirement plans in the twentieth century.
Author:
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 36
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Author: Christina Benita Wilke
Publisher: Peter Lang
ISBN: 9783631588512
Category : Business & Economics
Languages : en
Pages : 216
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Book Description
The German pension system was the first formal pension system in the world, designed by Bismarck nearly 120 years ago. It has been very successful in providing high and reliable pension levels at reasonable contribution rates. While the generosity of the German pension system is considered a great social achievement, negative incentive effects of past reforms in the 1970s and 1980s and population aging are threatening the very core of the system. This has led to fundamental pension reforms since 1992. Based on a detailed simulation model of the German pension system, this book provides a thorough assessment of the system and its reforms. It shows that the latest reforms have put the system back onto a stable path and moved it from the old monolithic towards a multi-pillar system.
Author: Samuel Pienknagura
Publisher: International Monetary Fund
ISBN: 151359611X
Category : Business & Economics
Languages : en
Pages : 52
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Book Description
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.
Author:
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 1054
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Book Description
