The resulting higher dependency ratio – fewer workers supporting more retirees – places tremendous strain on traditional pension models. "Pay-as-you-go systems, which fund current retirees ...

A Democrat-dominated Legislature passed and a Democratic governor, Jerry Brown, signed a significant overhaul of state and local public employee pension systems. It was a miracle because the ...

A common struggle: the fight against cuts or reforms to retirement security systems being pushed by their governments. Across the world, tensions are rising as governments, both left and right, push ...

The North Carolina House passed two bills recently — one that would create a board of trustees governing its state pension system, and another that would allow the state treasurer to invest part ...

It capped benefits, raised retirement ages, prohibited retroactive increases and tried to put an end to other shenanigans like “pension spiking” that allowed employees to game the system to ...

Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate Automatic adjustment mechanisms (AAMs)—rules ensuring that certain ...

to increase public awareness of Pension Credit and support older people to claim it. Longer term the system should move towards proactively identifying the older people most likely to be eligible ...

Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate Italy’s pension system was reformed in August 1995. The new system has various ...