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Pension Policy in EU25 and its Possible Impact on Elderly Poverty
Fuchs, Michael; Grech, Aaron George; Zaidi, Asghar - Centre for Analysis of Social Exclusion, LSE - 2006
trend is that the retirement incomes drawn from the public pension systems are on the decline, the changes are likely to … their working career if they want to avoid greater risks of poverty during retirement. …
Persistent link: https://www.econbiz.de/10009201281
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Pension reform sustainability in the EU: a pension wealth-based framework
Grech, Aaron George - Volkswirtschaftliche Fakultät, … - 2013
Most assessments of pension sustainability focus on the projected fall in spending. However interest in the impact on adequacy, usually measured by replacement rates, is increasing. In this paper we show that replacement rates have significant defects, related to being point-in-time indicators...
Persistent link: https://www.econbiz.de/10011259498
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Pension policy design: The core issues
Aaron George, Grech - Volkswirtschaftliche Fakultät, … - 2014
The last two decades have been characterised by significant changes in national pension arrangements. While at first, a consensus seemed to be evolving around a one-size-fits-all reform, more recently the trend has been towards a better customisation of reforms. This paper reviews this process,...
Persistent link: https://www.econbiz.de/10011260707
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How best to measure pension adequacy
Grech, Aaron George - Centre for Analysis of Social Exclusion, LSE - 2013
pension benefits through retirement) calculated using more realistic labour market assumptions. These measures are used to …
Persistent link: https://www.econbiz.de/10010640485
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Assessing the sustainability of pension reforms in Europe
Grech, Aaron George - Centre for Analysis of Social Exclusion, LSE - 2010
of retirement, as it uses pension wealth - the value of all transfers during retirement. This captures the impact of both … longevity and changes in the value of pensions during retirement. Moreover, rather than focusing only on average earners with … offset by longer retirement. Though reforms have helped address the financial challenge faced by pension systems, in many …
Persistent link: https://www.econbiz.de/10009201171
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How best to measure pension adequacy
Grech, Aaron George - Centre for Analysis of Social Exclusion, LSE - 2013
pension benefits through retirement) calculated using more realistic labour market assumptions. These measures are used to …
Persistent link: https://www.econbiz.de/10010633035
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Assessing the sustainability of pension reforms in Europe
Grech, Aaron George - Volkswirtschaftliche Fakultät, … - 2010
of retirement, as it uses pension wealth - the value of all transfers during retirement. This captures the impact of both … longevity and changes in the value of pensions during retirement. Moreover, rather than focusing only on average earners with … offset by longer retirement. Though reforms have helped address the financial challenge faced by pension systems, in many …
Persistent link: https://www.econbiz.de/10008777064
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How best to measure pension adequacy
Grech, Aaron George - Volkswirtschaftliche Fakultät, … - 2013
pension benefits through retirement) calculated using more realistic labour market assumptions. These measures are used to …
Persistent link: https://www.econbiz.de/10011107265
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Assessing the sustainability of pension reforms in Europe: a pension wealth approach
Grech, Aaron George - Volkswirtschaftliche Fakultät, … - 2014
In this lecture, I will try to start answering the question of whether the pension reforms enacted in Europe since the 1990s will prove to be sustainable. This broad question has embedded in it both theoretical and empirical sub-questions. On the theoretical side, I will need to see how best to...
Persistent link: https://www.econbiz.de/10011111215
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Il futuro dei fondi pensione: opportunità e scelte sulla destinazione del TFR
Cozzolino, Maria; Nicola, Fernando Di - Istituto Nazionale di Statistica (ISTAT) - 2006
The use of TFR (a sort of severance payment) to fund the complementary pension scheme, except when the worker explicitly says not to, has been established by the legislative measures reforming the Italian pension system (law n. 243 approved in summer 2004 and decree n. 252 approved in December...
Persistent link: https://www.econbiz.de/10005449474