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Around three million pensioners receive the Indonesian civil service pension benefit. This benefit is the main source of income for the majority of civil service pensioners. This paper examines the adequacy of this pension benefit from the perspective of pensioners in Kapuas Regency. Through...
Persistent link: https://www.econbiz.de/10015202427
The Social Security "full retirement age" (FRA) is the age at which retirement income benefits are available without reduction for early commencement. Presently, that age is 67 for those born in 1960 or later. This paper is about the unfair and unnecessary threat to reduce Social Security...
Persistent link: https://www.econbiz.de/10015371402
In response to the fiscal challenges posed by population ageing, many governments have raised the normal pension age (NPA). Although the impact of the NPA on retirement behaviors is well documented, little is known about the link between the NPA and other components of pension design. We study...
Persistent link: https://www.econbiz.de/10013290108
induce or hamper the incentives for reform. In our analysis we will draw on recent literature on the Pact and on the pensions …
Persistent link: https://www.econbiz.de/10013316767
This purpose of this paper is to analyze pension policy in an autocracy, using contemporary Hungary as a context. The inefficiencies and unfairness of the current policy can be characterized by tensions: the intra- and intercohort polarization of benefits rises, the difference between the loose...
Persistent link: https://www.econbiz.de/10013429146
actuarial net liability of the public pension system by about 2.4 percent, even after accounting for new survival pensions and a …
Persistent link: https://www.econbiz.de/10014494254
Using an impact evaluation methodology for interrupted time-series and the IDB Pension Projection Model, this study estimates that the COVID-19 pandemic could have notably effects on the private pension system in El Salvador as a consequence of the relaxation of requirements to repay early...
Persistent link: https://www.econbiz.de/10014494324
Over the years, the Belgian social security system has undergone substantial reform with a prime focus on increasing older worker labor force participation. The paper explores the effect of past reforms on inequality in old age. We distinguish two separate effects: The mechanical effect...
Persistent link: https://www.econbiz.de/10014462141
This paper quantifies the effect of Poland's 1999 pension reform on the inequality of future pension benefits. The reform increases inequality, both in the upper and lower parts of the distribution. The estimates, based on the 2012 Polish Household Budget Survey, show that the Gini coefficient...
Persistent link: https://www.econbiz.de/10014328830