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Creating and maintaining effective pension regulatory and supervisory structures that securethe interests of the participants and beneficiaries is crucial for systemic stability andeconomic growth. Th...
In 1980, Chile dramatically reformed its retirement system, replacing what was an old insolvent PAYGO program with a new structure that relies heavily on funded defined contribution individual account...
One of the most interesting features of the Chilean pension system is that approximately two-thirds of all retirees purchase annuities, resulting in annuitization rates much higher than in other count...
This study evaluates the effect of Chile’s pension system rules and regulations on individuals’ contribution and working decisions. In 1980 Chile was the first country to switch from a pay-as-you-go s...
Chile’s innovative privatized pension system has been lauded as possible model for Social Security system overhauls in other countries, yet it has also been critiqued for not including a strong safety...
Background: Recently, theoretical studies have started a discussion on how the influx of immigrants affects the finances of the host country.Objective: This paper investigates whether admission of uns...
Over the last three years, China has made substantial progress in pushing forward its New Rural Pension program that already “covers” more than 60% of rural counties. Currently, this new scheme has tw...
When social security is established to provide pensions to parents, their reliance upon children for future financial support decreases; and their need to save for retirement also falls. We use the ex...
Across the world, pension systems and their reforms are in a constant state of flux driven by shifting objectives, moving reform needs, and a changing enabling environment. The ongoing worldwide finan...
This study provides an overview of the different pension systems across EU Member States and describes contingent liabilities and assets in the public and private sectors. Therefore, the study asses...
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To address this pressing open question in public finance, we estimate a life-cycle mode...
This paper estimates a structured life cycle model of family retirement decision using a unique historical dataset back simulated from Living in Ireland survey. Our model takes the advantages of the d...
We analyze expectations of the Dutch population of ages 25 and older concerning the future generosity state and occupational pensions, the two main pillars of the Dutch pension system. Since the summe...
Portability of social benefits across professions and countries is an increasing concern for individuals and policy makers. Lacking or incomplete transfers of acquired social rights are feared to nega...
The purpose of this study is to analyze the incidence of Total Permanent Disability (TPD) pensions in Washington State's workers' compensation program.Concerns exist at both the legislature and in...

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