Author: Publisher:
ISBN:
Category : Pension trusts
Languages : en
Pages : 41
Book Description
Feasibility of Alternative Methods of Financing Retirement System Costs in the State of Washington
Author: Washington State Publications
Author: State Salary Survey
Author: United States. Intergovernmental Personnel ProgramsPublisher:
ISBN:
Category : State governments
Languages : en
Pages : 120
Book Description
National Union Catalog
Author: Publisher:
ISBN:
Category : Union catalogs
Languages : en
Pages : 616
Book Description
Includes entries for maps and atlases.
Hearings
Author: United States. Congress. House. Committee on Ways and MeansPublisher:
ISBN:
Category : Finance
Languages : en
Pages : 1922
Book Description
Pensions in the Middle East and North Africa
Author: Edward WhitehousePublisher: World Bank Publications
ISBN: 0821361856
Category : Business & Economics
Languages : en
Pages : 286
Book Description
This is the first comprehensive assessment of pension systems in the Middle East and North Africa. While other regionsCentral Asia, Eastern Europe, and Latin America, in particularhave been actively introducing reforms to their pension systems, Middle East and North African countries have lagged behind. This is explained, in part, by the common belief that, because demographics remain favorablethe countries are young and the labor force is expanding rapidlyfinancial problems are far in the future; as a result, pension reform does not have to be a priority in the broader policy agenda.However, the authors show that aging is not the only factor behind a financial crisis; the problem is the generosity of the current schemes. Moreover, badly designed benefit formulas and eligibility conditions introduce unnecessary economic distortions and make the systems vulnerable to adverse distributional transfers. The book does not present a general model that could solve the problems of all pension systems in Middle East and North Africa countries. Instead the authors focus on outlining a framework for guiding discussions on pension reform and making objective policy choices.This assessment will be useful for policy makers and government officials involved in pension reform in the Middle East and North Africa region.
Evaluating the Financial Performance of Pension Funds
Author: Richard HinzPublisher: World Bank Publications
ISBN: 0821381601
Category : Business & Economics
Languages : en
Pages : 300
Book Description
Countries around the world are increasingly relying on individual pension savings accounts to provide income in old age for their citizens. Although these funds have now been in place for several decades, their performance is usually measured using methods that are not meaningful in relation to this long-term objective. The recent global financial crisis has highlighted the need to develop better performance evaluation methods that are consistent with the retirement income objective of pension funds. Compiling research derived from a partnership among the World Bank, the Organisation for Economic Co-operation and Development (OECD), and three private partners, 'Evaluating the Financial Performance of Pension Funds' discusses the theoretical basis and key implementation issues related to the design of performance benchmarks based on life-cycle savings and investment principles. The book begins with an evaluation of the financial performance of funded pension systems using the standard mean variance framework. It then provides a discussion of the limitations inherent to applying these methods to pension funds and outlines the many other issues that should be addressed in developing more useful and meaningful performance measures through the formulation of pension-specific benchmark portfolios. Practical implementation issues are addressed through empirical examples of how such benchmarks could be developed. The book concludes with commentary and observations from several noted pension experts about the need for a new approach to performance measurement and the impact of the recent global financial crisis on pension funds.
Senate Journal of the ... Legislature of the State of Washington
Author: Washington (State). Legislature. SenatePublisher:
ISBN:
Category : Legislative journals
Languages : en
Pages : 2484
Book Description
Research in Education
Author: Social Security Policy in a Changing Environment
Author: Jeffrey R. BrownPublisher: University of Chicago Press
ISBN: 0226076504
Category : Business & Economics
Languages : en
Pages : 473
Book Description
Social Security Policy in a Changing Environment analyzes the changing economic and demographic environment in which social insurance programs that benefit elderly households will operate. It also explores how these ongoing trends will affect future beneficiaries, under both the current social security program and potential reform options. In this volume, an esteemed group of economists probes the challenge posed to Social Security by an aging population. The researchers examine trends in private sector retirement saving and health care costs, as well as the uncertain nature of future demographic, economic, and social trends—including marriage and divorce rates and female participation in the labor force. Recognizing the ambiguity of the environment in which the Social Security system must operate and evolve, this landmark book explores factors that policymakers must consider in designing policies that are resilient enough to survive in an economically and demographically uncertain society.