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Journal articles on the topic 'Pension reform'

Author: Grafiati

Published: 4 June 2021

Last updated: 25 July 2025

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1

Westerhout, Ed, Eduard Ponds, and Peter Zwaneveld. "Reforming the Dutch pension system to ensure sustainability." International Social Security Review 77, no. 3 (2024): 99–122. http://dx.doi.org/10.1111/issr.12368.

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AbstractThe Netherlands is on the brink of reforming its system of occupational pensions as part of a more general reform of its three‐pillar pension system. This reform features important changes to first pillar pension benefits. The focus of this article is however on the coming reform of occupational pensions, the second pillar of the system, which concerns both pension contributions and benefits. This reform is related to a series of reforms that have gradually transformed the pension contract that was dominant 20 years ago, a final salary defined benefit contract, into a collective define

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Price, Debora. "The pensions White Paper: taking account of gender." Benefits: A Journal of Poverty and Social Justice 15, no. 1 (2007): 45–57. http://dx.doi.org/10.51952/lbqa9574.

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Many women face severe obstacles in accumulating adequate income in later life. The pensions White Paper heralds substantive reform of the pension system, with certain elements assisting women in future to build pension entitlements. The extent to which the reforms will have the desired effect is, however, unclear since the system remains complex and means-tested benefits will remain a substantial element of pensioner income for many in the population. The government has committed to a gender impact assessment of the reforms. This article explores the elements of the pension system that should

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Gurvich, E. "Roadmap for the New Pension Reform." Voprosy Ekonomiki, no. 4 (April 20, 2011): 4–31. http://dx.doi.org/10.32609/0042-8736-2011-4-4-31.

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The paper suggests measures aimed at raising efficiency and long-term sustainability of the pension system. Pension contribution rate, amount of budget transfer to the pension system, and total size of pension benefits in percent of GDP are found to exceed substantially levels typical for the OECD countries and emerging markets. Our major " bottleneck" is very low by international standards support ratio (i.e. number of contributors to pension fund per pensioner). Increase in the retirement age by 2 years for men and 5 years for women would bring life expectancy at retirement in Russia to the

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Rasmussen, Magnus B., and Carl Henrik Knutsen. "Laying Down The Principles: How Local Socialist Achievements Spurred National Bourgeois Support for Noncontributory Pensions." World Politics 76, no. 1 (2024): 172–217. http://dx.doi.org/10.1353/wp.2024.a916344.

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abstract: The authors develop a perspective of locally embedded welfare state development to explain how relatively weak national political actors can, nonetheless, shape national policy over time by pursuing local reforms. Empirically, the authors assess their argument by using municipality-level representative shares, data on noncontributory pension reforms, roll-call votes from parliament, and archival material from early twentieth-century Norway, in which several local governments introduced noncontributory old-age pensions before Norway adopted a national scheme. The authors show, first,

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Bridgen, Paul, and Traute Meyer. "Fair Cuts? The Impact of British Public Service Pension Reform on Workers in the Main Occupations." Social Policy and Society 12, no. 1 (2012): 105–22. http://dx.doi.org/10.1017/s1474746412000541.

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Public service pensions have been a fundamental component of the British pension system in the post-war period and recent reform initiatives have caused political controversy. This article assesses the impact of the Conservative/Liberal government's public sector pension reform plans of 2011 for different public sector workers. It simulates their projected pension outcomes, assuming people contribute to the new system throughout their working lives. In particular, we examine the government's claim that the move away from final to average salary schemes will make pensions fairer for women and l

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Zhang, Hanyue, and Xianglei Duan. "Pension System Reform: International Experience and Insights." Frontiers in Business, Economics and Management 9, no. 1 (2023): 103–6. http://dx.doi.org/10.54097/fbem.v9i1.8402.

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The purpose of this paper is to analyze and conduct a comparative study of pension system reforms in the international arena in order to obtain experiences and insights from the pension system reforms in various countries. After introducing the basic concepts and current status of pension systems, this paper reviews the history of pension system reform in the international arena and analyzes the reform measures, policy effectiveness, and problems and challenges of different countries. By comparing and summarizing the international experiences and insights, this paper provides references and in

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Brandt, Ulrich, and Christoph Freudenberg. "Österreichs Rentenpolitik: Vom Nachbarn lernen?" Wirtschaftsdienst 104, no. 10 (2024): 696–702. http://dx.doi.org/10.2478/wd-2024-0179.

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Abstract In the German debate on retirement pensions, Austria’s policy is often referenced. The considerably higher statutory pensions in the neighbouring country arouse interest. How does Austria finance these higher pensions? How does the Austrian pension system in general differ from the German one, especially against the background of the latest pension reforms and inflation in Austria? What reform options can applied to Germany?

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Mesa-Lago, Carmelo, and Eva Maria Hohnerlein. "Testing the Assumptions concerning the Effects of the German Pension Reform Based on Latin American and Eastern European Outcomes." European Journal of Social Security 4, no. 4 (2002): 285–330. http://dx.doi.org/10.1177/138826270200400402.

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The pension reform, approved in Germany in 2001, and implemented on January 1, 2002, has been described by the Federal Minister of Labour and Social Affairs, Walter Riester, as ‘one of the greatest social reforms this country has seen’ (Federal Ministry, 2002a) and it has prompted considerable discussion and publications. This article analyses key assumptions on the effects of the German reform in the light of two decades of experience with structural pension reforms (‘privatisation’) in Latin America. This region has pioneered this type of reform and has influenced both the international deba

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Шрам, Валерий, and Valeriy Shram. "PENSION INSURANCE REFORM IN CROATIA AT THE PRESENT STAGE." Journal of Foreign Legislation and Comparative Law 1, no. 4 (2015): 0. http://dx.doi.org/10.12737/14270.

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The article analyzes the pension insurance reform in Croatia, which marked the beginning of a three-level pension system formation. The first level includes old-age pensions, disability pension and survivors pension as part of the compulsory pension insurance system. The second level includes pensions on the basis of the compulsory pension insurance with a saving element. The third level is based on the voluntary pension insurance system. The author reveals the conditions for granting non-contributory pensions, non-contributory pensions with a saving element as well as conditions for granting

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DÍAZ-GIMÉNEZ, JAVIER, and JULIÁN DÍAZ-SAAVEDRA. "The future of Spanish pensions." Journal of Pension Economics and Finance 16, no. 2 (2016): 233–65. http://dx.doi.org/10.1017/s1474747216000093.

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AbstractWe use an overlapping generations model economy with endogenous retirement to study the 2011 and 2013 reforms of the Spanish public pension system. These reforms delay the legal retirement ages, increase the contributivity of the system, and adopt a sustainability factor and a pension revualuation index that effectively transform the Spanish pension system into a defined-contribution pension system. We find that these reforms improve the sustainability of Spanish pensions substantially, and that they limit the tax increases that would have been necessary to finance the pension system d

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Pashkova, Galina G. "Professional pensions in Russia: problems and prospects." Vestnik Tomskogo gosudarstvennogo universiteta. Pravo, no. 44 (2022): 147–58. http://dx.doi.org/10.17223/22253513/44/13.

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The article substantiates the need to reform the pension system of the Russian Federation. According to the author, the most effective way to reduce the financial burden on the Pension Fund of the Russian Federation is to reform the institution of early (preferential) pensions, because the scale of providing preferential pensions in Russia is unparalleled in world practice. The article examines the history of concessional pension provision in Russia and the stages of reforming the pension system in sufficient detail. The author examines the measures that were planned in the 1995 Concept of Ref

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Broadbent, Simon, Justin van de Ven, and Martin Weale. "Commentary: Pensions and Pension Policy." National Institute Economic Review 193 (July 2005): 4–10. http://dx.doi.org/10.1177/0027950105058544.

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The Pensions Commission is to make its recommendations on pension policy reform later this year, in the light of comments on the challenges identified in its first Report. Widespread agreement on the need for such reform is partly a consequence of problems which have already surfaced, such as the insolvency of some pension schemes, moves to curtail benefits and mis-selling scandals. However the main impetus comes from the fact, clearly demonstrated by the Pensions Commission (2004), that for pensioners to enjoy the current relative standard of living in fifty years time will require people eit

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Poznyakova, O., N. Panchuk, and O. Burtseva. "Analysis of Reforming the Pension System of Ukraine: Implementation Problems and Development Prospects." Economic Herald of the Donbas, no. 4 (62) (2020): 155–60. http://dx.doi.org/10.12958/1817-3772-2020-4(62)-155-160.

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Pension provision is an element of the pension system that ensures sustainable socio-economic development of the state as a whole. The article discusses the current problems of the pension system in Ukraine, ways to overcome and directions for its improvement. Determination of the further development and reform of the pension system aimed at ensuring the financial stability of the solidarity system. Introduction of the development of the pension system, taking into account the peculiarities of the current situation in the country, ways of reforming social insurance. The compulsory accumulative

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Mamatkazin, I. R. "Structural-Functional Analysis of a Pension as an Object of Pension Legal Relations." Siberian Law Review 18, no. 2 (2021): 138–50. http://dx.doi.org/10.19073/2658-7602-2021-18-2-138-150.

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The pension system of the Russian Federation has undergone three fundamental reforms. In 1992, the first law on pensions began to operate in Russia, which significantly differed from the Union legislation. In 2002, insurance principles were introduced into the pension system, which led to a change in the entire system of pension coverage for persons working under an employment contract, including new types of pension coverage. In 2015, there was a significant reform of the existing insurance pension system, which in its significance is no less significant than all the previous changes in the p

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15

Grech, Aaron. "What Makes Pension Reforms Sustainable?" Sustainability 10, no. 8 (2018): 2891. http://dx.doi.org/10.3390/su10082891.

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Policymakers pushing pension reforms have tended to justify changes on the basis that they would make systems more sustainable by lowering future spending on pensions. This is a rather narrow interpretation of sustainability that fails to consider that other fiscal programs may need to accommodate the impact of reforms that reduce pension system adequacy. In this light, this article argues that in order to correctly assess the sustainability of pension reforms, one needs to adopt a more holistic framework that encapsulates the interaction between pension system goals and constraints. In a numb

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Collard, Sharon. "Workplace Pension Reform: Lessons from Pension Reform in Australia and New Zealand." Social Policy and Society 12, no. 1 (2012): 123–34. http://dx.doi.org/10.1017/s1474746412000474.

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The UK Government's workplace pension reforms introduce major changes to the way in which employees save for retirement. Eligible employees will be automatically enrolled into a workplace-based pension scheme and, for the first time in the UK, employers will be legally required to contribute to employees’ pensions. This article critically examines the evidence from New Zealand and Australia, two countries that have undergone pension reforms similar in some ways to the UK reforms. We assess what we can learn from their experiences in two areas: firstly, how pension schemes are structured and, s

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Gedeon, P. "Pension reform in Hungary." Acta Oeconomica 51, no. 2 (2001): 201–38. http://dx.doi.org/10.1556/aoecon.51.2000-2001.2.3.

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Reforms are not created simply by will, they are constrained by path dependency and also by existing economic and political structures. The course of reforms is also dependent on the formulation of reform alternatives and the balance of power among decisive actors. Both the postponement and then the introduction of the pension reform in Hungary can be explained by the economic and political constraints of the reform, by how reform alternatives were formulated, and by the role of the different actors in the reform process. The structure of this paper reflects these considerations. First, I summ

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Wiß, Tobias. "Divergent occupational pensions in Bismarckian countries: the case of Germany and Austria." Transfer: European Review of Labour and Research 24, no. 1 (2018): 91–107. http://dx.doi.org/10.1177/1024258917748258.

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Pension reforms and the changing public/private pension mix of the last decades are well documented. However, a more detailed look at the design of occupational pensions reveals remarkable differences even in countries that are usually treated as similar in the literature. Germany and Austria share many similarities and are having to cope with similar reform pressure. However, the design of occupational pensions varies substantially. Why? In Germany, trade unions are regularly involved in occupational pension schemes and benefits are calculated on the basis of defined contributions (DC), but w

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Semenova, Galina. "The need for pension reform in Russia." E3S Web of Conferences 210 (2020): 13029. http://dx.doi.org/10.1051/e3sconf/202021013029.

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The relevance of the paper is caused by the fact that the current pension system did not satisfy either citizens, since their pensions were extremely miserable, neither employers due to the high level of contributions to the Pension Fund of the Russian Federation, nor the government, since the low level of pensions caused social and, as a consequence, political tension, nor the subjects of the Russian Federation, since the unfunded pension system obliged the regions to deduct funds from their own funds to cover pension obligations to subsidized regions. The way out of this situation is the cre

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Lain, David, Sarah Vickerstaff, and Wendy Loretto. "Reforming State Pension Provision in ‘Liberal’ Anglo-Saxon Countries: Re-Commodification, Cost-Containment or Recalibration?" Social Policy and Society 12, no. 1 (2012): 77–90. http://dx.doi.org/10.1017/s1474746412000450.

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There are good theoretical reasons for expecting pension reform in Anglo-Saxon countries to follow similar paths. Esping-Andersen (1990) famously identified these countries as belonging to the same ‘Liberal’ model of welfare, under which benefits, including pensions, are said to be residual and weakly ‘de-commodifying’, reducing individuals’ reliance on the market to a much lesser degree than elsewhere. Pierson (2001) has furthermore argued that because of path dependency welfare states are likely to follow established paths when dealing with ‘permanent austerity’. Following this logic, Aysan

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Abdalah, Hajet. "The pension system in Algeria." Gerontologija: casopis gerontoloskog drustva Srbije 52, no. 2 (2024): 55–70. https://doi.org/10.5937/ger2402055a.

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The pension system presents a key pillar of social security and economic stability of every country. It provides security and dignity to the elderly based on pension benefits after the end of their working careers. The role of the pension system is particularly important in societies with high rates of population ageing, which face serious challenges in terms of funding and sustainability. In developing countries such as Algeria, this system carries additional challenges, arising from specific demographic and economic factors, as well as institutional and legal frameworks. This article aims to

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O'Farrell, Brendan. "Public policy and pensions – Pension reform vs. pension adequacy." Pensions: An International Journal 5, no. 3 (2000): 191–92. http://dx.doi.org/10.1057/palgrave.pm.5940120.

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CARRERA, LEANDRO N., and MARINA ANGELAKI. "The Diversity and Causality of Pension Reform Pathways: A Fuzzy-set Qualitative Comparative Analysis." Journal of Social Policy 49, no. 3 (2019): 582–600. http://dx.doi.org/10.1017/s0047279419000679.

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AbstractPension reform is one of the top public policy priorities in advanced industrialized countries due to population ageing and the significant weight of pension spending in governments’ budgets. As a result of these concerns European countries have engaged in varying degrees of pension reforms over the last three decades. The extant literature on pension reform focuses on structural, institutional and blame avoidance theories to explain how pension reform take place. Yet, how do different conditions combine to lead to significant pension reform outcomes? To answer this question we analyze

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Diakovych, Lina. "Problematic aspects of the regulatory and legislative framework for calculating pensions in Ukraine." Herald of Ternopil National Economic University, no. 2(92) (March 3, 2019): 71–80. http://dx.doi.org/10.35774/visnyk2019.02.071.

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Introduction. In order to further move towards the European Economic Area, Ukraine needs to take pension reform measures. Pension provision in Ukraine has to be profoundly reformed in terms of regulatory and legislative framework for calculating pensions in Ukraine. What is of particular importance is improving Ukraine’s laws and methods for calculation and pension payments to citizens. Another important focus of the reform agenda is to define categories of people eligible for old-age pensions, disability pensions, and long- service pensions. Purpose. The purpose of the article is to interpret

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Díaz-Giménez, Javier, and Julián Díaz-Saavedra. "Spanish Minimum Pensions after the 2013 Pension Reform." Studies of Applied Economics 33, no. 3 (2020): 717–34. http://dx.doi.org/10.25115/eea.v33i3.3130.

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In this article we explore the consequences of exempting minimum pensions from the Pension Revaluation Index (PRI) introduced by the 2013 reform of the Spanish pension system and making their real value a constant share of per capita output instead. We find that this change essentially implies trading-off higher minimum pensions against a lower PRI -which reduces the real value of all other pensions- and against the higher consumption tax rates that are needed to finance them. When faced with these trade-offs, the optimal responses of the households in our model economy are to work shorter hou

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Idowu, Kareem O., and Kareem F. Olanike. "Pensions and pension reform in Nigeria." Pensions: An International Journal 15, no. 1 (2010): 11–24. http://dx.doi.org/10.1057/pm.2009.31.

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Paul, Susanne S., and James A. Paul. "The World Bank, Pensions, and Income (In)Security in the Global South." International Journal of Health Services 25, no. 4 (1995): 697–725. http://dx.doi.org/10.2190/w99v-7jbj-ep4b-53x2.

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The authors describe and analyze recent reductions and reorganizations of public pension programs in Latin America, as well as trends in pensions in the global South more broadly. They consider the role of the World Bank in the current pension “reform” process and situate the Bank's policies in the context of privatization, reduction of social budgets, and other aspects of structural adjustment. Chilean pension changes are analyzed in particular, showing that even by the Bank's criteria, the reforms have not been successful. The authors then discuss pension changes in China, where the World Ba

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RING, PATRICK JOHN. "Security in Pension Provision: A Critical Analysis of UK Government Policy." Journal of Social Policy 34, no. 3 (2005): 343–63. http://dx.doi.org/10.1017/s0047279405008810.

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The Labour government has often argued that it is attempting to find a ‘third way’ in politics, appearing to take its inspiration from Anthony Giddens and, in relation to Labour's pensions policy, Giddens' notion of ‘positive welfare’.Noting that the government maintains that ‘pensions are all about security’, and that it has declared the importance of this position throughout its reform of UK pension provision, this article critically examines the nature of the ‘security’ its reform is likely to deliver. Using the work of Giddens, it notes the importance of the concept of ontological security

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Gelepithis, Margarita. "Institutional Mismatch, Party Reputation, and Industry Interests: Understanding the Politics of Private-Heavy Pension Systems." Political Studies 66, no. 3 (2017): 735–51. http://dx.doi.org/10.1177/0032321717726923.

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Private-heavy welfare systems, in which low or moderate state benefits are topped up by private welfare arrangements, are expected to undermine political support for the extension of social rights and perpetuate benefit fragmentation over time. And where low state benefits are means tested, political support is expected to be particularly prone to erosion. In this article I develop the argument that the combination of private pensions and means-testing does not always perpetuate fragmentation. Rather, it structures the policy preferences of pension industry representatives and right-of-centre

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VAGLIASINDI, PIETRO A., MARZIA ROMANELLI, and CARLO BIANCHI. "REFORMING THE ITALIAN PENSION SYSTEM IN THE XXI CENTURY: THE ISSUE OF SENIORITY PENSIONS ONCE AGAIN." Advances in Complex Systems 07, no. 02 (2004): 241–64. http://dx.doi.org/10.1142/s0219525904000111.

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Alternative pension schemes, and early retirement provisions in particular, can produce different effects on retirement behavior, with significant economic consequences. This paper presents new evidence on the effect of different seniority pension reforms, considering the evolution of an agent-based economy in Italy, with heterogeneous workers whose retirement age depends on expected lifetime incomes. Using dynamic aging methods, we examine behavioral changes along proposed pension reform paths. Our model — calibrated to replicate the main demographic and economic features and retirement dynam

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Haupt, Marlene. "Aktuelle Diskussionen zum Ausbau kapitalgedeckter Altersvorsorge als Ergänzung des Rentensystems." Wirtschaftsdienst 104, no. 2 (2024): 82–86. http://dx.doi.org/10.2478/wd-2024-0028.

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Abstract Germany faces complex challenges in ensuring adequate pensions and the financial sustainability of its pension system amid demographic aging, necessitating comprehensive reforms. The Focus Group on Private Pensions has proposed measures to reform the private Riester pension scheme, advocating, for example, the enhancement of simplicity, transparency and flexibility. Additionally, it has debated the introduction of a state-mandated fund. The German Council of Economic Experts has also proposed a state-mandated fund with automatic enrollment and an opt-out option. However, the proposal

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Freudenberg, Christoph, and Frederik Toscani. "Informality and the Challenge of Pension Adequacy." IMF Working Papers 19, no. 149 (2019): 1. http://dx.doi.org/10.5089/9781498318525.001.

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Past reforms have put the Peruvian pension system on a largely fiscally sustainable path, but the system faces important challenges in providing adequate pension levels for a large share of the population. Using administrative microdata at the affiliate level, we project replacement rates in the defined benefit (DB) and defined contribution (DC) pillars over the next 30 years and simulate the impact of various reform scenarios on the average level and distribution of pensions. In the DB pillar, the regressive minimum contribution period should be re-thought, while in the DC pillar a broadening

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Barrientos, Armando. "Pension reform, personal pensions and gender differences in pension coverage." World Development 26, no. 1 (1998): 125–37. http://dx.doi.org/10.1016/s0305-750x(97)10009-2.

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BRIDGEN, PAUL, and TRAUTE MEYER. "The Liberalisation of the German Social Model: Public–Private Pension Reform in Germany since 2001." Journal of Social Policy 43, no. 1 (2013): 37–68. http://dx.doi.org/10.1017/s0047279413000597.

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AbstractSome commentators view reforms to the German political economy since the 1990s as constituting a broad liberalisation of a previously coordinated market economy (e.g., Streeck, 2009). Others argue that by maintaining protection for core workers the reforms represent a dualisation rather than liberalisation (e.g., Palier and Thelen, 2010). This debate has paid little attention to public–private pension reform since 2001. This paper argues that pensions have been a crucial component of the German social model since 1957 and demonstrates why comprehensive analysis of its development must

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SCHMÄHL, WINFRIED. "Dismantling an Earnings-Related Social Pension Scheme: Germany's New Pension Policy." Journal of Social Policy 36, no. 2 (2007): 319–40. http://dx.doi.org/10.1017/s0047279406000626.

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A paradigm shift in pension policy decided by the German red–green coalition government will considerably affect the level and structure of pension benefits as well as the mix of public and private old-age security arrangements. The article starts with a brief outline of the pension schemes as they had been designed before the recent decisions, and with a few remarks on the reasons for current reform debates. The major measures of the 2001 Pension Reform are then described. The focus of the article is on the effects of the reform for (personal) income distribution and institutional design. A p

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Shaqiri, Nexhmedin. "Economic Transition Process and Kosovo Pension Reform System." European Journal of Economics and Business Studies 6, no. 1 (2016): 80. http://dx.doi.org/10.26417/ejes.v6i1.p80-100.

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This article aims to study the Kosovo economic transition process and its impact on the Pension system reform. The study will focus on; model of new economic building system (market liberalization, economic recovery, the concept of entrepreneurship development, system integration of economic trends in the global economy, privatization and transformation of property, social welfare, social justice), etc. During this study different theories on the transition process in the economy will be used, as well as theories on reforming the pension system in the world, which affirm the sustainability of

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Koval, Natalia, Natalia Priamuhina, and Inna Zhmurko. "ANALYSIS OF ECONOMIC-FINANCIAL EXPERIENCE OF THE WORLD COUNTRIES IN THE SYSTEM OF PENSION INSURANCE." Baltic Journal of Economic Studies 6, no. 1 (2020): 1. http://dx.doi.org/10.30525/2256-0742/2020-6-1-1-8.

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The purpose of this article is to analyze the experience of pension insurance systems in Europe, Asia, North and South America, Australia. The defining feature is that the existing pension insurance system in Ukraine does not perform its main task properly, since the rate of pension, for the most part, does not make it possible to maintain a decent standard of living for current pensioners. After analyzing the implementation of the pension reform in Ukraine, it should be emphasized that during the twelve-year period after the pension reform in the country there remain a number of unresolved is

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Georgi Gigolashvili, Georgi Gigolashvili, and Nato Gegenava Nato Gegenava. "The Main Objectives of Pension Reform." Economics 105, no. 3-4 (2023): 38–43. http://dx.doi.org/10.36962/ecs105/3-4/2023-38.

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The developed states of the modern world have already understood the need to reform the pension system, which will be adequate for the financial, demographic and economic challenges facing the civilized world. The need to reform the pension system in Georgia is becoming more and more relevant in recent years. One of the important reforms of state social policy and the future development of the economy is the creation of a funded pension system. International experience and the opinions of a number of researchers show that it is necessary to implement a number of reforms in the system. The intr

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Silva, Rodrigo Souza, and Luís Eduardo Afonso. "The expected impact of the 2019 Brazilian pension reform on survivors’ pensions." International Social Security Review 76, no. 3 (2023): 69–90. http://dx.doi.org/10.1111/issr.12334.

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AbstractThis study analyses the expected changes in survivors’ pensions resulting from the permanent rules of the 2019 pension reform in Brazil. Actuarial annuities are used for representative worker profiles. The dispersion in the replacement rate values decreases, except for the highest income level. The rates needed to finance survivors’ pensions decrease relatively more than do the rates for old‐age pensions. The internal rates of return significantly decrease. There is a heterogeneous change in the distributive aspects of the pension system. The reform shall affect the adequacy and intrag

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Cristina, Maria, and Gomes Da Conceição. "Households and Income: Ageing and Gender Inequalities in Urban Brazil and Colombia." Journal of Developing Societies 18, no. 2-3 (2002): 149–68. http://dx.doi.org/10.1177/0169796x0201800207.

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This paper discusses the ageing process in Brazil and Colombia according to gender and socioeconomic inequalities. The ageing process is related to reforms in social policies in each country. Reforms in the pension systems show contrasting results for the family structure and income. In Brazil, the extension of pensions to rural and informal workers leads to empowering poorer elderly women and men in economic and domestic relationships. Universalizing pensions allows the elderly to chose to live alone or to support adult children. On the other hand, in Colombia the reform created the individua

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Pikus, Ruslana, and Anna Khemii. "REFORMING OF PENSION INSURANCE SYSTEM OF COUNTRIES OF WESTERN EUROPE." Economic Analysis, no. 27(1) (2017): 131–38. http://dx.doi.org/10.35774/econa2017.01.131.

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Introduction. Investigation of foreign experience of structural pension reform is important for Ukraine. Pension insurance system in Ukraine has not been reformed in time therefore now it should go through all the stages of reforms in short terms. European countries have already passed all these stages. This process has lasted for decades. Investigation of changes in economic thought on the concept of "reform" all over the world in the context of pension insurance and mechanisms of its implementation in Western Europe in the second half of the twentieth century is a prerequisite for effective

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Petreski, Blagica, and Marjan Petreski. "Dynamic microsimulation modelling of potential pension reforms in North Macedonia." Journal of Pension Economics and Finance 20, no. 1 (2020): 49–66. http://dx.doi.org/10.1017/s1474747219000374.

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AbstractDue to structural and policy shifts, pension deficit in North Macedonia doubled over a decade and significantly outpaced the central budget deficit. The objective of the paper is to examine fiscal and development effects of few pension-reform designs. We constructed MK-PENS Dynamic Microsimulation Pension Model and simulated the effects of few reforms affecting one stakeholder and few combined reforms. Results robustly suggest that without reform and assuming only statutory pension adjustment, the deficit will remain as is. Simulated scenarios suggest that proposed pension reforms sign

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JAMES, ESTELLE, ALEJANDRA COX EDWARDS, and REBECA WONG. "The gender impact of pension reform." Journal of Pension Economics and Finance 2, no. 2 (2003): 181–219. http://dx.doi.org/10.1017/s1474747203001215.

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Pension systems may have a different impact on the two genders because women are less likely than men to work in formal labor markets and earn lower wages when they do. Recent multi-pillar pension reforms tighten the link between payroll contributions and benefits, leading critics to argue that they will hurt women. In contrast, supporters of these reforms argue that women will be helped by the removal of distortions pillar and the better targeted redistributions in the new systems. This paper examines the differential impact of the new and old systems in three Latin American countries – Chile

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Radojković, Ivan. "Analysis of voluntary pension funds in Serbia in 2022." Tokovi osiguranja 39, no. 2 (2023): 242–49. http://dx.doi.org/10.5937/tokosig2302242r.

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The topic of this paper is the analysis of voluntary pension funds in Serbia in 2022 with the emphasis on the return rate. Introduction of private voluntary pension funds together with the state pension fund is the essence of the pension system reform, and that reform process began in 2005. Generally accepted pension system is a three-pillar system, but introduction of the second pension pillar in our country will not happen anytime soon, and the question is whether it will be introduced at all. The third pillar of the pension system is voluntary and this is its greatest advantage. Voluntary p

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Thom, Michael. "The Drivers of Public Sector Pension Reform Across the U.S. States." American Review of Public Administration 47, no. 4 (2015): 431–42. http://dx.doi.org/10.1177/0275074015589342.

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This study analyzes the diffusion of public sector pension reforms across the American states between 1999 and 2012, a policy area notable for its fiscal implications as much as its recent political polarization. Previous enactment in other, non-contiguous states was the largest and most consistent driver of reform. Otherwise, empirical findings suggest that reform antecedents varied by reform type. Existing funding levels reduced the likelihood that states would cut benefits, change pension governance, or reduce cost of living allowances, but had no effect otherwise. Evidence for partisan leg

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Jadranka, Mrsik, and Lazarevsk Dimce. "Reformed Pensions Systems in Central and Eastern Europe: Challenges to Future Safe Pension Benefits." AICEI Proceedings 7, no. 1 (2012): 289–310. https://doi.org/10.5281/zenodo.4502508.

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The objective of this paper is to examine and analyze empirically whether the Central and Eastern European countries` reformed pension systems are providing adequate and safe pensions. Starting in the 1990s, most Central and Eastern European countries radically reformed their pension systems. The rising optimism initiates many studies where the advantages of the reforms were in the focus. The global financial crisis negatively affects the reformed pension systems. As a response, the policy makers in a few of those countries decided to set up different measures: increasing or reducing the pensi

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Kakhniashvili, Natia, Khatuna Barbakadze, and Nato Kakashvili. "FACTORS DETERMINING THE EFFECTIVENESS OF PENSION SYSTEM REFORMS IN GEORGIA." Innovative economics and management 11, no. 3 (2024): 139–50. https://doi.org/10.46361/2449-2604.11.3.2024.139-150.

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Natia Kakhniashvili E-mail: Natia.kakhniashvili@tsu.ge Doctor of Business Administration Iv. Javakhishvili Tbilisi State University Tbilisi, Georgia https://orcid.org/0009-0004-0759-198X Khatuna Barbakadze E-mail: Khatuna.barbakadze@tsu.ge Candidate of Economic Sciences Iv. Javakhishvili Tbilisi State University Tbilisi, Georgia https://orcid.org/0009-0001-1670-8463 Nato Kakashvili E-mail: Nato.kakashvili@tsu.ge Candidate of Economic Sciences Iv. Javakhishvili Tbilisi State University Tbilisi, Georgia https://orcid.org/0009-0005-1399-1784 Abstract. Pension policy is a critical component of a s

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BÖRSCH-SUPAN, AXEL, ANETTE REIL-HELD, and DANIEL SCHUNK. "Saving incentives, old-age provision and displacement effects: evidence from the recent German pension reform." Journal of Pension Economics and Finance 7, no. 3 (2008): 295–319. http://dx.doi.org/10.1017/s1474747208003636.

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AbstractIn response to population aging, pay-as-you-go pensions are being reduced in almost all developed countries. In many countries, governments aim to fill the resulting gap with subsidized private pensions. This paper exploits the recent German pension reform to shed new light on the uptake of voluntary, but heavily subsidized private pension schemes. Specifically, we investigate how the uptake of the recently introduced ‘Riester pensions’ depends on state-provided saving incentives, and how well the targeting at families and low-income households works in practice.We show that, after a s

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ARZA, CAMILA. "Pension Reform in Latin America: Distributional Principles, Inequalities and Alternative Policy Options." Journal of Latin American Studies 40, no. 1 (2008): 1–28. http://dx.doi.org/10.1017/s0022216x07003616.

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AbstractDuring the 1990s a wave of major structural reforms that changed the distributional principles underpinning pension policies spread across Latin America. Outcomes were not always as expected. The implementation of new pension rules in the socio-economic, political and institutional context of Latin America has resulted in a number of inequalities which affect pension system performance and the gains that different income groups and generations may obtain. In order to overcome the distributional drawbacks of reform, Latin American governments may need to afford a new role to non-contrib

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SYDOR, Iryna, and Tetiana DENYSIUK. "STATE PENSION INSURANCE IN UKRAINE: MODERN CHALLENGES AND DIRECTIONS OF REFORM." WORLD OF FINANCE, no. 1(70) (2022): 22–35. http://dx.doi.org/10.35774/sf2022.01.022.

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Introduction. Reforming the pension system in Ukraine is associated with the need to introduce a second funded level of pension insurance in the face of a steady deficit of the Pension Fund, the presence of significant shortcomings in the mechanism for calculating pension payments that do not depend on the volume of contributions paid for compulsory state pension insurance of the level of pensions, the level of which in the conditions the constant rise in prices for essential goods and services causes the impoverishment of the population. The purpose of the article is to conduct a comprehensiv

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