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Toward an economic reformulation of public pension funding


GUE The political economy of pension reforms in times of global crisis

The global financial and economic crisis, feeding a rapid increase in public deficits and debts, has added to strains on pension systems, prompting governments ...

Untitled

... Public Employee Pension Promises. SSRN Electronic ... Economic Journal: Economic Policy, Vol. 4, Issue ... Funding of Public Sector Pension Plans ...

"Rethinking Pension Reform: Ten Myths About Social Security ...

through a public trust fund is more or less likely to increase national saving (broad prefunding) than a dollar of narrow prefunding undertaken through private ...

This document is discoverable and free to researchers across the ...

On the other hand, public pension plans increasingly rely on private fund ... more effectively private pension provision, led the Cardoso government to submit.

What Factors Impact Public Pension Reform? - Reason Foundation

Given these results, pension funding, policy diffusion, and workforce variables should be analyzed to forecast future potential reforms, with ...

The Role of choice in the Transition to a Funded Pension System

The diversion of payroll taxes from financing current pay-as-you-go pensions into the funded scheme will increase deficits at first, so short-term fiscal ...

Public employee pensions and collective bargaining rights

This paper attempts to fill this gap. ... The increase in employer contributions is estimated to be about three times the size of the decrease in employee ...

Untitled - CEPAL

The latter brought in economic and financial objectives, alleging that public pension systems suffer from serious defects such as high rates of con- tributions, ...

Working Papers - Pension Research Council

2015 · Financial Literacy and Economic Outcomes: Evidence and Policy Implications · Using a Life Cycle Model to Evaluate Financial Literacy Program Effectiveness

Reforming the pension system: in search of sustainability

In 2022, the Social Security deficit stood at 0.5% of GDP,4 with expenditure on contributory pensions amounting to 12.0% of GDP.5 The AIReF ...

Crowding out or crowding in? The interaction between public ...

To facilitate economic reform, public pension coverage was extended to ... Money-Related Meanings and Practices in Low-Income and Poor Families.

Public Pensions and Private Savings

Leganza. Published in volume 16, issue 2, pages 366-405 of American Economic Journal: Economic ... to social security reform. Citation. García-Miralles, Esteban, ...

The political economy of unfunded public pension liabilities - jstor

The financial crisis and the correspo the fragility of the U.S. state-level pub dropped substantially. The increase in u tion from television to newspapers (T.

The Economic Consequences of Funded Pensions - MPG.PuRe

Once state governments gave in to pension trustees' demands to open high-yielding corpo- rate securities to investment by pension funds,.

Public Pensions: Reconciling Fiscal Sustainability with ...

Reforming public pension systems to render them fiscally sustainable in the long-run could in theory entail cuts in benefits, increases in contributions, or ...

The Economic Consequences of Funded Pensions - Sage Journals

The shift in pension fund investment from public to private assets is well documented, but the drive to “push the envelope” in the search for risk-adjusted ...

Pension Systems (Un)sustain- ability and Fiscal Constraints - CESifo

Thus, PS indicates how close an economy is to reach PL or, equivalently, how much scope there is to finance public pensions by varying the taxation of income ...

Evidence from the new rural pension scheme in China | PLOS ONE

Public pension insurance has become a major form of social protection around the world. However, little is known about the association ...

$27 Billion Pension "Reform": Still Doubling Down on Generational ...

In the interim, by further underfunding these pension systems, this politically convenient diversion from spending taxpayer money enables ...

the effects of public pension management and reform in neighboring ...

Researchers have previously investigated the effect of political, financial, and demographic factors on pension reforms and the degree to which ...