rising employment and increasing reports of labor shortages and wage drift indicate intensifying pressures. …

unprecedented rate, spending on pensions, health, and long-term care could rise by as much as 11 percent of GDP over the long term …

, low private indebtedness, and a resilient financial system. Executive Directors decided that the public sector wage bill …

This paper explores how privatizing a pension system can affect sovereign credit risk. For this purpose, it analyzes … the importance that rating agencies give to implicit pension debt (IPD) in their assessments of sovereign creditworthiness …. However, by channeling pension contributions away from the government and creating a deficit of resources to cover the current …

private U.S. defined benefit (DB) pension plans. Using detailed actuarial and financial information provided by the U ….S. Department of Labor, we construct a longevity variable for each pension plan and then measure the impact of varying life … expectancy assumptions across plans and over time on pension plan liabilities. The results indicate that each additional year of …

particularly strong, because a large portion of the current baby-boomers are in their peak earning years, and their retirement will … immigrants prove they have a job that meets wage and working condition standards before getting a work permit. …