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rates, low growth and low productivity) are raising concerns about the sustainability of pension schemes over the long term … slowly, they can potentially endanger the sustainability of pension schemes, particularly those operating under a defined …
Persistent link: https://www.econbiz.de/10012609501
Continuous longevity improvements and population ageing have led countries to modify national public pension schemes by increasing the standard and early retirement ages in a discretionary, scheduled, or automatic way, and by making it harder for people to retire prematurely. To this end,...
Persistent link: https://www.econbiz.de/10012799708
Many nations incentivize retirement saving by letting workers defer taxes on pension contributions, imposing them when retirees withdraw their funds. Using a dynamic life cycle model, we show how 'Rothification' - that is, taxing 401(k) contributions rather than payouts - alters saving,...
Persistent link: https://www.econbiz.de/10013466634
in relation to the pensions and health care spending, The "said" ageing expenditures since the debate on this issue doesn … dependents variables are pensions and health care spendings on GDP, The key independent variable is the interest charges, Other …, expenditures on interest charges would not crowd out spending on pensions and health care, However, the significance of the …
Persistent link: https://www.econbiz.de/10014434594
In Hungary, average initial old age pensions have risen much faster than average pensions over the past decade. Several … importance. In most countries, initial pensions are determined on the basis of a wage path of several decades, and nominal … initial pensions. The paper examines several aspects of this issue, including the plausibility of a significant decline in the …
Persistent link: https://www.econbiz.de/10014468530
The Chilean pension system was hit hard during 2020-2021 by the withdrawal of 25 per cent of the individual pensions … pensions, including its heterogeneity matrix to simulate the distribution of pension impacts. The withdrawal impact decreases … percent and 37 percent for males and females' new self-financed pensions around the year 2022, which goes to about 56 percent …
Persistent link: https://www.econbiz.de/10014518213
In diesem Beitrag werden ausgewählte grundsätzliche Probleme und Möglichkeiten, unter besonderer Berücksichtigung von Kapitaldeckung, der Alterssicherung in Deutschland und der europäischen Union diskutiert. Konkret eingegangen wird auf die Themen Beitragssatz, Rentenniveau, Altersarmut,...
Persistent link: https://www.econbiz.de/10014522003
Unter Verwendung des Sozio-oekonomischen Panels untersuchen wir, wie sich die Einkommensverteilung für Haushaltsgemeinschaften älterer Personen im Alter von 55 Jahren und älter seit der Wiedervereinigung entwickelt hat. Innerhalb dieser Gruppe unterscheiden wir zwischen...
Persistent link: https://www.econbiz.de/10010377974
proportional taxation increases the cost of self-control, and that this adverse effect is more acute when public pensions become …
Persistent link: https://www.econbiz.de/10010398639
Variations among the diverse pension systems in the member states of the European Union (EU) hamper labor market mobility across national borders and also among firms within the countries of the EU. From a macroeconomic perspective, and in the light of demographic pressure, this paper argues...
Persistent link: https://www.econbiz.de/10010436020