Showing 1 - 10 of 49
This paper seeks to contribute to a forward-looking debate on possible reform options for the Canada Pension Plan (CPP …) and the Quebec Pension Plan (QPP). Even though it focuses on the CPP, most of its analysis applies to the QPP as well … rather analyzes one vital option that has received insufficient attention in previous debates: raising the normal retirement …
Persistent link: https://www.econbiz.de/10008542640
consequences for pension policy, with a dramatic reduction in the need for retirement savings and, particularly if accompanied by … work strongly in the direction of even shorter durations of retirement and longer durations of work. These new pressures … retirement years in large numbers, increasing the demand for older workers. On the supply side, there will be a large in increase …
Persistent link: https://www.econbiz.de/10009144509
This paper proposes a new approach to modeling heterogeneous human capital using task data from the Dictionary of Occupational Titles. The key feature of the model is that it departs from the Roy model, which treats occupations as distinct categories, and conceives of occupations as bundles of...
Persistent link: https://www.econbiz.de/10009322474
This paper sheds light on the current state and the likely future development of Korea’s evolving pension system by … analyzing it from a comparative perspective. It shows that, because of its many institutional layers, the Korean pension system … could evolve into one of several different types of pension regimes: if the National Pension Scheme (NPS) were to continue …
Persistent link: https://www.econbiz.de/10008542638
This paper examines how primitive skills associated with occupations are formed and rewarded in the labor market over the careers of men. The objective task complexity measurement from the Dictionary of Occupational Titles enables a more direct look into the primitive skills of workers. I show...
Persistent link: https://www.econbiz.de/10008546325
significant evidence that the potential pension portability losses deter job mobility among workers covered by these plans. We …. Evidence of compensation premiums accruing to workers in pension, union and health insurance covered jobs supports the view …
Persistent link: https://www.econbiz.de/10005404393
By all measures the private pension system in Canada is in difficulty. One estimate suggests that at the end of 2005 … there were significant funding shortfalls in about three quarters of the traditional defined benefit pension plans that fall …: An Uncertain Future” brought together researchers, those who design and manage pension plans, and those responsible for …
Persistent link: https://www.econbiz.de/10005404423
Using data from the 1992 Health and Retirement Survey and the 1992 Survey of Consumer Finances, this study compares the … level of benefits in 401(k), non-401(k) defined contribution (DC), and defined benefit (DB) plans. Based on current pension … information regarding pension contribution rates or benefit formulas, it is shown that a shift to 401(k) plans will reduce the …
Persistent link: https://www.econbiz.de/10005635183
The relationship between home ownership of Dutch elderly households and age is strongly negative. Other studies suggest that this age gradient should be attributed to a cohort effect. In this paper we investigate where those cohort effects come from. We also observe that mortgage ownership among...
Persistent link: https://www.econbiz.de/10005763285
Security and Guaranteed Income Supplements; (ii) Canada/Quebec pension plan benefits; and (iii) Retirement Investment income … as pensions, retirement investments, or other income supplements from province to province. Using methods proposed by …
Persistent link: https://www.econbiz.de/10005635209