Documents pension scheme 1 059 results

"The European Commission asked the European Social Policy Analysis Network (ESPAN) to undertake a comprehensive analysis of flexible retirement pathways and their potential impact in 28 European countries (the 27 EU Member States and Norway). This Synthesis Report maps existing flexible retirement pathways and incentives and assesses their take-up as well as potential impact on labour market participation, redistribution, fiscal sustainability and quality of life. The focus is primarily on statutory pension schemes."

"We conduct a survey experiment with four thousand German respondents and provide information on two measures of gender inequality, separately or jointly: the gender gap in earnings and the gender gap in pensions. We analyze the effect of information provision on respondents' views on the importance of reducing gender inequality and on their agreement with the adoption of policies targeted at different stages of the life cycle and aimed at reducing the gaps. We find that providing information on both gaps changes perceptions of the importance of reducing gender inequality and adopting policy measures to this end. Information on only one gap tends to have insignificant effects. By exploring the mechanisms behind our results, we provide insights into the importance of individual views on female disadvantages in the labor market, personal experience of inequality, and social norms as correlates of preferences for reducing gender inequality and policy interventions. We also show that information provision has larger effects on women and young respondents, while treatment effects do not differ by political leaning. These individual characteristics also relate to differences in identifying causes of gender inequality."

"This working paper is a tentative, solutions-oriented response to concerns that pensions would not work without economic growth. It aims to concretize post-growth visions, but also validate post-growth thinking to those who consider it too far outside the mainstream. To the contrary, this analysis begins from mainstream policy aims and economic concerns, and as its result proposes institution types that are already widespread. A pension system can be widely acceptable if it promotes three 'provisioning aims': poverty alleviation, income maintenance, and voluntary provisioning. Without economic growth, possible 'adverse economic conditions' of pension systems include low earnings; low, negative, or volatile interest rates; high inflation; and demographic aging. Additionally, even financially sustainable pension funds can have 'adverse social effects'if their interest income is extractive, exploitative, or inequality-amplifying. I argue that three broad institution types could constitute a post-growth pension system: non-contributory (governmentfinanced) minimum/basic pensions, contributory pay-as-you-go pensions, and collective pension funds. Together they promote all three provisioning aims. The provisioning aims make tradeoffs against each other and their institutions have different weaknesses regarding adverse economic conditions and social effects. Still, even without economic growth, most wealthy economies could probably promote at least poverty elimination and income maintenance without paradigmatic reforms. To close, I anticipate four interesting aspects of post-growth pensions governance: benefit protection versus cost control, distribution versus redistribution, challenging of economic individualism, and property rights within funded pension schemes."