Relevant bibliographies by topics / Public pension reform

Academic literature on the topic 'Public pension reform'

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Published: 10 December 2022
Last updated: 28 January 2023

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Journal articles on the topic "Public pension reform"

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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 (October 22, 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 lower paid workers. The article shows that the reforms are indeed fair, if measured by the government's standards: retirement is delayed for all, but the lowest skilled and women lose least and some even gain higher pensions without paying proportionately more. Despite austerity, recent British pension reforms reflect a greater awareness of social inequality than many would expect and they have been built on more cross-party agreement than apparent at first sight.
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O'Farrell, Brendan. "Public policy and pensions – Pension reform vs. pension adequacy." Pensions: An International Journal 5, no. 3 (May 2000): 191–92. http://dx.doi.org/10.1057/palgrave.pm.5940120.

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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 (February 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 be evaluated if this assessment is to take full account of gender.
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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 (June 3, 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 legislative influence is weak, although Republican control had partial, positive effects on the enactment of pension governance reforms and increases to the retirement age. Across the board, other relevant factors such as constitutional pension protections, collective bargaining rights, and union membership density had no effect. That external contagion pressures have a more robust influence than endogenous conditions raises questions about the future efficacy of pension reform.
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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 (October 29, 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 consider them. After summarising how public and occupational pensions have supported core German workers since 1957, the paper calculates core workers’ projected net pensions and those of less privileged employees before and after recent reforms. On this basis, it concludes that pension reforms have created a system more characteristic of a liberal than a dualised political economy. Since the reform, the projected pensions of today's young workers are closer to the poverty line, and the gap between the projected benefits of core and peripheral workers has narrowed. Increasingly, as young core workers age, they will thus have less incentive to invest in employer specific skills, a development that threatens the model as a whole.
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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 (December 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 debate and changes in other regions such as Eastern Europe. The article has four objectives: (1) to elaborate a taxonomy of old-age structural pension reforms in the world and place Germany's within it; (2) to identify and analyse crucial assumptions related to the effects of the German reform (incentives for affiliation, competition and administrative costs, impact on the level of pensions, sustainability of the public pension contribution ceiling, and effects on national saving, fiscal costs, the capital market and investment returns); (3) to contrast those German assumptions that are similar to their counterparts in Latin America with data collected on real outcomes from the pension reforms in several countries of that region and, to a lesser extent, from a few Eastern European countries (the two regions combined embrace more than 80 million insured persons in private pensions); and (4) to summarise our findings and draw some useful lessons. Economic, social security and other differences between Germany and the countries compared will be taken into account in the analysis.
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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 (June 6, 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 deficits. But these results are achieved at the expense of large reductions in the real value of the average pension. This reduction is progressive and, by 2050, the average pension is approximately 30% smaller in real terms than what it would have been under the pension system rules that prevailed in 2010. We also show that these reforms are costly in welfare terms and that households born between 1950 and 1970, young disabled workers who are alive at the time of the reform, and future cohorts bear the highest welfare costs. The substantial reduction of pensions and the high welfare costs that these reforms bring about lead us to conjecture that further reforms lurk in the future of Spanish pensions.
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ST. CLAIR, TRAVIS, and JUAN PABLO MARTINEZ GUZMAN. "Contribution volatility and public pension reform." Journal of Pension Economics and Finance 17, no. 4 (April 6, 2017): 513–33. http://dx.doi.org/10.1017/s1474747217000129.

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AbstractIn the wake of the economic downturn of 2008–2009, researchers and policymakers have focused considerable attention on the extent of unfunded liabilities in US public sector pension plans and the implications for the long term fiscal sustainability of state and local governments. In response to the growth in liabilities, many states have introduced legislation that cuts back on defined benefit (DB) plan commitments, in some cases even shifting the pension system from a DB to a defined contribution or hybrid plan. This paper explores the factors that have led states to engage in pension reform, focusing particular attention on one factor that has only recently gained attention in the research literature: contribution volatility. While unfunded liabilities have significant long-term solvency implications, in the short term fluctuations in the amount of required contributions pose substantial difficulties for the ability of plan sponsors to balance budgets and engage in strategic planning. We begin by quantifying the volatility in the required contributions US states were expected to make between 2001 and 2013 and comparing the volatility of pension spending to other relevant tax and spending measures. Next, we describe the various types of pension reforms that states have implemented and examine the fiscal pressures facing those states that have engaged in reform. States with greater fluctuations in their required payments have been more likely to reduce benefits and increase employee contributions; they have also been more likely to institute these reforms sooner.
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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 (February 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 with minimum return guarantees preventing losses in times of financial turmoil. By contrast, trade unions rarely participate in Austrian occupational schemes. In Austria, pure DC schemes without guarantees resulted in heavy occupational pension cuts during the recent financial market crises. Following the method of difference, the article explains this difference by trade union structure, unions’ strategic thinking and (lacking) reform threats supported by employers.
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Anenson, T. "Public Pensions and Fiduciary Law: A View From Equity." University of Michigan Journal of Law Reform, no. 50.2 (2017): 251. http://dx.doi.org/10.36646/mjlr.50.2.public.

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Controversies involving fund management may be the next frontier of public pension litigation. Recent scandals involving fraud, bribery, and corruption of public pension officials and other third parties have drawn the public eye toward the management of retirement assets. Individual and entity custodians, including pension boards of trustees, are charged with making investment and other decisions relating to pension funds. Unlike private pensions, there is no federal oversight of asset managers or others in control of retirement funds. Yet these funds hold more than three trillion dollars in assets. Until now, the guardians of these monies have operated almost invisibly in the background of the public pension crisis. This Article advances the retirement reform debate by looking more closely at the fiduciary relationship that exists between trustees and beneficiaries involving public sector employee pension funds. It offers a singular view from historic equity. The Article aims to see how equity in the medieval world relates to the modern pension problem. From that viewpoint, it evaluates what the fiduciary relation means, or should mean, in the changing legal environment of public retirement systems. The main objective is to raise issues involving fiduciary law and public pensions that have been undervalued or ignored. Based upon fiduciary law’s ancestry in equity, the Article offers guidance in assigning and defining obligations and associated remedies in the government pension situation. It contemplates the equitable dimension of the public pension problem, analyzes circumstances where fiduciary violations may arise, and suggests possible outcomes. It also comments on deficiencies in current law. Overall, the Article provides a deeper perspective of the fiduciary principle and corresponding doctrine in the context of government retirement systems.
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Dissertations / Theses on the topic "Public pension reform"

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Yoon, Yeopil. "Endogenous fertility, endogenous growth and public pension reform." Thesis, University of York, 2002. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.273890.

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Bello, Filipe de Oliveira. "Assessing the sustainability of a public pension system : the case of Brazil." Master's thesis, Instituto Superior de Economia e Gestão, 2020. http://hdl.handle.net/10400.5/20922.

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Mestrado em Actuarial Science
O Brasil experimentou um aumento de quase sete pontos na Razão de Dependência de Idosos, de 7,0 em 1990 para 13,8 em 2020. As projeções estimam que suba para 36,2 em 2050, o que significa que haverá aproximadamente 36 indivíduos com 65 anos ou mais por 100 indivíduos em idade produtiva. Em 2019, a situação das finanças públicas brasileiras era muito grave e, pelo sexto ano consecutivo, estava deficitária. O desequilíbrio foi causado principalmente pelo déficit previdenciário. As dúvidas sobre a sustentabilidade do sistema previdenciário são muito pertinentes nos dias de hoje, uma reforma foi aprovada e começou a ser implementada em 2019. O objetivo é projetar a receita e os benefícios até 2100, no âmbito de alterações alternativas de pensões paramétricas e também no âmbito de uma reforma sistemática, nomeadamente a passagem para um sistema de CD. Os custos de transição e outras despesas, e os custos relacionados com a pensão mínima garantida, também são contabilizados. Os achados comprovaram que a reforma iniciada em 2019 melhora o equilíbrio e permite que o déficit do RGPS diminua nos próximos dez anos, mas um aumento será observado a partir de então - embora em valor bem menor do que seria em um cenário de reforma pré-2019. Portanto, é muito provável que a discussão sobre a sustentabilidade do sistema volte a estar na ordem do dia em alguns anos. Explorarando as alternativas propostas, mudar para o esquema NDC parece resolver o problema a longo prazo.
Brazil has experienced an increase of nearly seven points in the Old-Age Dependency Ratio, from 7.0 in 1990 to 13.8 in 2020. Projections estimate it will rise to 36.2 in 2050, which means that there will be approximately 36 individuals aged 65 and over per 100 individuals of working age. In 2019, the condition of the Brazilian public finance was very serious and for the sixth year in a row it was in deficit. The imbalance was mainly caused by the social security deficit. Doubts about the sustainability of the pension system are very pertinent nowadays and a reform was approved and started to be implemented in 2019. The goal is to project the revenue and the benefits until 2100, under alternative parametric pension changes and also under a systematic reform, namely the shift to a DC system. Transition costs and other expenses, and the costs related to the minimum guaranteed pension, are also accounted for. The findings proved that the reform started in 2019 improves the balance and allows the deficit in RGPS to decrease for the next ten years, but an increase will be observed from that time on - although of a much less amount than it what would be in pre-2019 reform scenario. Therefore, it is very likely that the discussion about the sustainability of the system will be again the order of the day in a few years. Exploring the proposed alternatives, switch to NDC scheme seems to solve the problem in the long run.
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Sameea, Zakariya Sultan M. "Financing social insurance in Bahrain : its history, comparison with the UK experience and proposals for reform." Thesis, University of East Anglia, 2000. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.323255.

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Grönroos, (fd Johansson) Per. "Pension Reform in Continental Europe : A comparative study of pension reform in Germany and France during the years ofausterity 1990-2010." Thesis, Stockholms universitet, Statsvetenskapliga institutionen, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:su:diva-159219.

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As demographic and economic contexts have shifted, the need for pension systems to reform has increased. Often, however, these systems have proved difficult to change – especially in continental Europe. Despite this, Germany, by many considered particularly reform resistant, succeeded in reforming its pension system; while France, with its strong executive power, has not. As research has yet to find a consensus on what factors makes welfare retrenchment possible, this field requires more attention. Therefore, the aim of this thesis is to analyse the developments of the German and French pension systems, from 1990-2010, and to unearth what factors made successful reform possible in Germany while it failed in France. Using a comparative case study, all major pension reforms in the two countries during the time period, are analysed from four institutionalist perspectives. The results point to three main factors explaining Germany’s successful reform. Firstly, the shock brought on by the reunification of East and West Germany forced politicians to act. France on the other hand, experienced no such shock. Secondly, the subduing of the unions removed the main veto player against reform. In contrast, the French unions, whose political power lies in their ability to call for manifestations and shift public opinion, could not be outflanked. Lastly, the new liberal ideas that permeated German politics around the turn of the century provided a locus for change that was lacking in France. These results suggest the importance of external pressure, veto players and ideational factors to major welfare reform.
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Langrová, Hana. "Vývoj českého penzijního systému po roce 1989 a možnosti jeho dalšího směřování." Master's thesis, Vysoká škola ekonomická v Praze, 2015. http://www.nusl.cz/ntk/nusl-205883.

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The purpose of this thesis is an analysis of the development of the pension system in the Czech Republic since 1989. The emphasis is placed on reform provisions and on their impact on public budgets. Future direction is discussed next. The demographic development raises concerns about the financial sustainability of pension systems. The changes in the structure of the system were made after several years of discussions and a number of parametric adjustments. The question of sustainability is not closed yet. Recent changes are canceled and the system returned to the previous state. The reason was a lack of political and general agreement about this type of reform. The theoretical part deals with the definition of public budgets with a focus on social security. The importance and the function of pension systems are characterized in the next section. Pension systems are classified by the operator, by the method of calculating pension benefits and by the type of funding. Each pension system is based on tradition and is influenced by the development of society in the political, economic and social fields. In the practical part is performed the analysis of the pension system structured according to the periods. The impact of the reform provisions is illustrated on the state of public budgets. The thesis concludes that the initial efforts to change the system fundamentally will be replaced by attempts to implement minor adjustments. In the case of structural reform in the future it could be considered the application of modern pension theory, which recommends Pan-European pension system.
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Steiner, Petr. "Změny v důchodovém systému v České republice účinné od 1. ledna 2013 a jejich dopady na veřejné rozpočty." Master's thesis, Vysoká škola ekonomická v Praze, 2013. http://www.nusl.cz/ntk/nusl-264672.

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The aim of this study is to determine the quantitative impact of changes to the pension system in the Czech Republic valid from January 1, 2013 on public budgets. Changes include the introduction of a funded second-pillar pension scheme and the adjustment of pension schemes under the third pillar. The theoretical part describes the basis of social policy in the areas of pensions, and characterize and compare concepts of pension systems. Following practical part analyzes recent developments in the Czech Republic, the essence of changes to the pension system and the interest of the population to use them. The aim of the study is fulfiled by quantifying impact on public budget. Subsequent analysis shows that changes may help to stabilize it in the next decades, however, a departure from the PAYG system is not required. The introduced second pillar can be problematic in ceratin respects for participants. Additional pension savings in the third pillar is a useful supplement to old age security.
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Ramos, Nuno Alberto Antunes. "Trajectória e natureza da reforma das pensões de velhice : os casos da Alemanha, Portugal e Suécia no período 1992-2015." Master's thesis, Instituto Superior de Economia e Gestão, 2016. http://hdl.handle.net/10400.5/13281.

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Mestrado em Economia e Políticas Públicas
O presente trabalho tem como objetivo identificar a natureza e o perfil das reformas realizadas nos sistemas públicos de pensões da Alemanha, Portugal e Suécia, no período entre 1992 e 2015. Para a concretização deste objetivo, a dissertação baseia-se na revisão de literatura que mostra a influência das diversas determinantes no processo de reformas realizadas e as reformas implementadas nos países escolhidos. Após a caraterização das reformas através de indicadores qualitativos, conclui-se que a alteração da fórmula de cálculo das pensões constitui a reforma mais utilizada nos três países, sobretudo mediante a introdução do fator demográfico ou de sustentabilidade. A revalorização e a modificação da idade de reforma são as reformas que se seguem em termos de maior implementação.
This study aims to identify the nature and profile of reforms in public pension systems of Germany, Portugal and Sweden, between 1992 and 2015. To achieve this goal, the dissertation is based on the literature review that shows the influence of different factors in the process of reforms undertaken and the reforms implemented in the selected countries. After the characterization of reforms through qualitative indicators, it is concluded that the change in the pension calculation formula is the most used reform in the three countries, particularly by introducing the demographic or sustainability factor. The revaluation and the modification of retirement age are the reforms that follow in terms of bigger implementation.
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Vitko, Juraj. "Analýza dôchodkovej reformy realizované po roku 2004 na Slovensku." Master's thesis, Vysoká škola ekonomická v Praze, 2011. http://www.nusl.cz/ntk/nusl-194099.

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The aim of the thesis was the analysis of pension reform in Slovakia in 2004 and its adjustment in the coming years along with the change of government. Thesis focuses on the impact of the reforms on public finances. As comparison I have used the pension reforms of neighboring countries, where the reforms are also taking place. Based on experience and knowledge, the objective was to develop recommendations for pension reform in the Czech Republic.
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Petráňová, Lenka. "Demografické aspekty důchodového systému ČR a Norska." Master's thesis, Vysoká škola ekonomická v Praze, 2011. http://www.nusl.cz/ntk/nusl-114667.

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This master thesis is focused on the analysis of the impact from trends of different demographic aspects on the current pension system in the Czech republic and Norway. The old age pension system including its reforms is described and compared within both countries. Furthermore it is investigated how the citizens perceive the development of particular demographic aspects, what they think about the status and reforms regarding the pension system, and how they provide themselves for retirement. In addition to the comparison between the Czech and Norwegian pension systems the thesis also provides suggestions for improvement within demographic aspects, the settings of the pension system, the government and the society itself.
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Damjanovic, Tatiana. "Essays in public finance." Doctoral thesis, Stockholm : Economic Research Institute, Stockholm School of Economics (EFI), 2002. http://www.hhs.se/efi/summary/597.htm.

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Books on the topic "Public pension reform"

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Davis, E. Philip. Public pensions, pension reform and fiscal policy. Frankfurt: European Monetary Institute, 1997.

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Fund, International Monetary, ed. Rethinking public pension reform initiatives. Washington, D.C: International Monetary Fund, 1998.

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Yun, Sŏng-myŏng. Public pension reform and old-age protection. Seoul, Korea: Korea Institute for Health and Social Affairs, 2006.

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Massachusetts. General Court. Joint Committee on Public Service. Public employee pension reform act of 1985: Proposal. Boston]: The Committee, 1985.

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Fund, International Monetary, ed. The Italian public pension system: Current prospects and reform options. Washington, D.C: International Monetary Fund, 1995.

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Clements, Benedict, David Coady, Frank Eich, Sanjeev Gupta, Alvar Kangur, Baoping Shang, and Mauricio Soto. The Challenge of Public Pension Reform in Advanced and Emerging Economies. Washington, D.C.: International Monetary Fund, 2013. http://dx.doi.org/10.5089/9781616354138.084.

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Massachusetts. General Court. Joint Committee on Public Service. Chapter 697 of the Acts of 1987: The Public Employee Pension Reform Act. Boston]: Commonwealth of Massachusetts, 1987.

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Mackenzie, G. A. The role of private sector annuities markets in a individual accounts reform of a public pension plan. [Washington, D.C.]: International Monetary Fund, Fiscal Affairs Dept., 2002.

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Kingsley, Odabi Osarietin. Case law annotation of the public service rules in Nigeria: (with Pension reform Act, LFN 2004 & Freedom of informtaion act, LFN 2011). Bennin City, Nigeria: Evergreen Overseas Publications Ltd., 2013.

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Reform, New Jersey Legislature Joint Legislative Committee on Public Employee Benefits. Committee meeting of Joint Legislative Committee on Public Employee Benefits Reform: Testimony from the public on pensions and health benefits provided to state, county, municipal, or school district employees : [September 19, 2006, Clifton, New Jersey]. Trenton, N.J: The Unit, 2006.

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Book chapters on the topic "Public pension reform"

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Ma, Xinxin, and Atsushi Seike. "Public Pension Policy Reform and Labor Force Participation." In Growth Mechanisms and Sustainable Development of the Chinese Economy, 429–53. Singapore: Springer Nature Singapore, 2022. http://dx.doi.org/10.1007/978-981-19-3858-0_15.

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Burnay, Nathalie, Jim Ogg, Clary Krekula, and Patricia Vendramin. "Introduction." In Older Workers and Labour Market Exclusion Processes, 1–17. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-11272-0_1.

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AbstractIn recent years, policies that extend the working life have been a key feature of European and other countries with post-industrialised economies. These policies focus on two dimensions of work and retirement which governments consider crucial to reform if pension systems are to be safeguarded in the context of ageing populations. First, legal and administrative reforms are pushing back the legal age of retirement thereby withholding pension rights until workers have reached a certain age. Second, defined benefit pensions, so-called because employees and employers know the formula for calculating retirement benefits in advance of paying them, are being phased out and replaced by defined contribution pensions, where the level of contributions, and not the final benefit, is pre-defined and no final pension promise is made. This shift results in the individualisation of pension benefits, since in most cases workers must build up sufficient contributions and invest in pension products on financial markets. The effect of this trend is that workers remain in the labour force longer in order to secure an acceptable pension benefit. Overall, the implementation of these two policies to extend the working life has produced the desired effect of retaining individuals longer in the labour market and easing the pressure on public pensions, as can be seen in data produced by Eurostat since the 1990s: the proportion of people aged 55 years or more in the total number of persons employed in the EU-27 increased from 12% to 20% between 2004 and 2019 (Eurostat, 2021).
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Diaconu, Oana. "Pension Reform in Romania: How Far Should It Go?" In Taxation and Public Finance in Transition and Developing Economies, 519–31. Boston, MA: Springer US, 2008. http://dx.doi.org/10.1007/978-0-387-25712-9_28.

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Fang, Lianquan. "Towards Universal Coverage: A Macro Analysis of China’s Public Pension Reform." In Reforming Pensions in Developing and Transition Countries, 187–219. London: Palgrave Macmillan UK, 2014. http://dx.doi.org/10.1057/9781137396112_7.

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Blair, Catherine. "Acting and Reacting: The Public-Private Interplay in Pensionable Age Reforms." In Securing Pension Provision, 83–97. London: Palgrave Macmillan UK, 2014. http://dx.doi.org/10.1057/9781137453976_7.

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Hyde, Albert C., and Christian Richards. "Public Sector Pensions and Benefits: Reform Challenges in a New Environment." In Public Personnel Management, 127–49. Sixth edition. | New York, NY : Routledge, 2017.: Routledge, 2017. http://dx.doi.org/10.4324/9781315527055-10.

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Louvaris Fasois, Christos. "Mechanisms of Policy Learning in the European Semester: Pension Reforms in Belgium." In Learning in Public Policy, 75–96. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-76210-4_4.

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Owsiak, Katarzyna. "The Impact of Pension Reforms on Public Finance in Poland." In Eurasian Studies in Business and Economics, 133–51. Cham: Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-67916-7_9.

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Brosig, Magnus, and Karl Hinrichs. "The “Great Recession” and Pension Policy Change in European Countries." In International Impacts on Social Policy, 385–98. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-030-86645-7_30.

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AbstractIn the wake of the “Great Recession” and its severe fiscal implications, many European countries enacted significant pension reforms aimed at reducing public spending and limiting contribution rates. Unlike most changes carried out before, they were implemented swiftly and without building a broad political and social consensus, usually being suggested or even mandated by inter- and supranational organisations such as the International Monetary Fund (IMF) or the European Union (EU). While some of these cuts were at least partly revoked during the following years of economic recovery, European welfare states still tend to face lower “pension burdens” in the upcoming decades than had been expected during the 2000s. Financial sustainability, however, puts adequacy at risk for present and future retirees, many of whom no longer achieve sufficient working careers anyway.
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Ewig, Christina, and Stephen J. Kay. "New Political Legacies and the Politics of Health and Pension Re-reforms in Chile." In Public and Private Social Policy, 249–68. London: Palgrave Macmillan UK, 2008. http://dx.doi.org/10.1057/9780230228771_12.

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Reports on the topic "Public pension reform"

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Bi, Huixin, and Sarah Zubairy. Public Pension Reforms and Retirement Decisions: Narrative Evidence and Aggregate Implications. Cambridge, MA: National Bureau of Economic Research, June 2022. http://dx.doi.org/10.3386/w30164.

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Pessino, Carola, and Teresa Ter-Minassian. Addressing the Fiscal Costs of Population Aging in Latin America and the Caribbean, with Lessons from Advanced Countries. Inter-American Development Bank, April 2021. http://dx.doi.org/10.18235/0003242.

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This paper presents projections for 18 Latin America and Caribbean countries of pensions and health expenditures over the next 50 years, compares them to advanced countries, and calculates estimates of the fiscal gap due to aging. The exercise is crucial since life expectancy is increasing and fertility rates are declining in virtually all advanced countries and many developing countries, but more so in Latin America and the Caribbean. While the populations of many of the regions countries are still relatively young, they are aging more rapidly than those in more developed countries. The fiscal implications of these demographic trends are severe. The paper proposes policy and institutional reforms that could begin to be implemented immediately and that could help moderate these trends in light of relevant international experience to date. It suggests that LAC countries need to include an intertemporal numerical fiscal limit or rule to the continuous increase in aging spending while covering the needs of the more vulnerable. They should consider also complementing public pensions with voluntary contribution mechanisms supported by tax incentives, such as those used in Australia, New Zealand (Kiwi Saver), and the United States (401k). In addition, LAC countries face an urgent challenge in curbing the growth of health care costs, while improving the quality of care. Efforts should focus on improving both the allocative and the technical efficiency of public health spending.
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The Challenges of Population Aging in the People's Republic of China. Asian Development Bank, July 2021. http://dx.doi.org/10.22617/brf210280-2.

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The population in the People’s Republic of China (PRC) is aging rapidly, as the proportion of people aged 60 and above is expected to increase to 35% by 2050. While aging poses economic challenges, if managed well, it can generate new employment opportunities with the emergence of new professions related to elderly care. However, capturing these benefits require labor market reforms, higher public spending to finance long-term care and pensions, and policy support. This note presents policy recommendations to address identified socioeconomic implications of rapid population aging in the PRC, focusing on labor market changes, effective long-term elderly care, and measures to address the increasing old-age dependency ratio.
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