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Radical changes have been implemented to pension schemes across the UK public sector from April 2015. This paper … simulates how these changes will affect the lifetime pension and how the negotiated pension changes compare across six public … sector schemes by level of education. Specifically, we simulate the occupation specific Defined Benefit (DB) pension wealth …
Persistent link: https://www.econbiz.de/10011476325
incentives embedded in North Carolina's retirement system. Like most public-sector retirement plans, North Carolina's teacher … pension implicitly encourages teachers to continue working until they are eligible for their pension benefits, and then leave … nonwhite teachers are also more likely to stay during the pension "pull". All teachers show a strong response to the pension …
Persistent link: https://www.econbiz.de/10011775564
average value of pension accrual is much higher in the public sector than in the private sector. Due to the long-running shift … continuing between 2001 and 2005 the difference in average pension accrual between the sectors increased over this period. While … on average over this period earnings in the public sector grew 3.5% faster than in the private sector, including pension …
Persistent link: https://www.econbiz.de/10003951046
This article focuses on current aspects of the public servants` pension system in Brazil, dialoguing with the … legislative proposal (PL no 1.992/2007) which aims to introduce a complementary pillar in the civil servants pension system. The … proposal is been considered in Congress and will allow the adoption of a maximum threshold value for the pension benefits of …
Persistent link: https://www.econbiz.de/10009411272
incentives embedded in North Carolina's retirement system. Like most public-sector retirement plans, North Carolina's teacher … pension implicitly encourages teachers to continue working until they are eligible for their pension benefits, and then leave … nonwhite teachers are also more likely to stay during the pension “pull.” All teachers show a strong response to the pension …
Persistent link: https://www.econbiz.de/10012930561
This article uses Health and Retirement Study data to investigate the effects of Social Security's Windfall Elimination … Provision (WEP) and Government Pension Offset (GPO) on Social Security benefits received by households. The provisions reduce … pension and were not subject to Social Security payroll taxes (“noncovered” employment). We find that about 3.5 percent of …
Persistent link: https://www.econbiz.de/10013033024
continue to enjoy gold plated benefits. In addition, rates of ill health retirement in public sector pension schemes are …Whilst private sector pension schemes have been closing down rapidly in the last few years, public sector employees … that public sector pension liabilities are about pound;1 trillion - but the government publishes estimates of the …
Persistent link: https://www.econbiz.de/10012731436
Most countries have separate pension plan for public sector employees. The future fiscal burden of these plans can be … substantial as the government usually is the largest employer, pension promises in the public sector tend to be relatively … generous, and future payments have to be paid out directly from government revenues (pay-as-you-go) or by funded plans (pension …
Persistent link: https://www.econbiz.de/10013122318
Most countries have separate pension plan for public sector employees. The future fiscal burden of these plans can be … substantial as the government usually is the largest employer, pension promises in the public sector tend to be relatively … generous, and future payments have to be paid out directly from government revenues (pay-as-you-go) or by funded plans (pension …
Persistent link: https://www.econbiz.de/10013124771
This study examines reforms to civil service pension arrangements in a number of developing countries across Africa … study is intended to support countries planning to reform their civil service pension schemes by identifying key principles …
Persistent link: https://www.econbiz.de/10012454012