Retirement Systems for Public Empwyees Pension Research Council Publications
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منابع مشابه
An Inter-temporal General Equilibrium Analysis of the Australian Age Pension
This paper develops a computable general equilibrium model with overlapping generations [OLG] to analyse the behavioural, welfare and macroeconomic implications of the following hypothetical changes to the age pension means test: (i) abolition of the means test, (ii) 50 percent reduction in the income taper rate and (iii) removal of the labour earnings from the income test. The model features i...
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Over the years the management of pension scheme in Nigeria has been inundated by multiple and diverse problems arising from which retirement became dreaded by workers especially in the public service. The failures of pension schemes in the country have been attributed to poor pension fund administration, outright corruption; embezzlement of pension fund; inadequate build-up of funds and poor su...
متن کاملTHE LABOUR FORCE PARTICIPATION OF OLDER WORKERS The effects of pension and early retirement schemes
Policy distortions are provoking unnecessarily early retirement Average effective retirement ages have declined in many OECD countries over the past three decades, and cross-country differences have become wide (Figure 1). Reversing this past decline would raise the labour force participation and employment of older workers. This in turn would ease the adjustment to ageing populations, curb age...
متن کاملThe Effect of Retirement Incentives on Retirement Behavior: Evidence from the Self-Employed In the United States and England
In this paper, we examine how public and private pension and health insurance systems affect the retirement transitions. In many countries, public and private pension eligibility, as well as access to health insurance varies between self-employed and wage and salary workers, and these differences are likely to cause differential retirement patterns both within and across countries. We use the v...
متن کاملDefined benefit pension plan distribution decisions by public sector employees
a r t i c l e i n f o Studies examining pension distribution choices have found that the tendency of private-sector workers is to select lump sum distributions instead of life annuities resulting in leakage of retirement savings. In the public sector, defined benefit pensions usually offer lump sum distributions equal to employee contributions, not the present value of the annuity. Thus, for te...
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