scholarly journals Financial Education and Choice in State Public Pension Systems

2013 ◽  
Author(s):  
Julie Agnew ◽  
Joshua Hurwitz
Keyword(s):  
Financial Education ◽  
Public Pension ◽  
Pension Systems

Adequacy of Public Pension Systems

2020 ◽  
pp. 173-191
Author(s):  
Beatriz Rosado-Cebrian ◽  
Marta Peris-Ortiz ◽  
Carlos Rueda-Armengot
Keyword(s):  
Public Pension ◽  
Pension Systems

Sustainability of Public Pension Systems

2020 ◽  
pp. 125-154
Author(s):  
José Enrique Devesa-Carpio ◽  
Beatriz Rosado-Cebrian ◽  
José Álvarez-García
Keyword(s):  
Public Pension ◽  
Pension Systems

Die Finanzierungslücke der Gesetzlichen Rentenversicherung in Deutschland – Eine Simulationsstudie zu Lösungsmöglichkeiten

2014 ◽  
Vol 63 (2) ◽  
Author(s):  
Steffen Bollacke
Keyword(s):  
Pension System ◽  
Population Aging ◽  
Financial Burden ◽  
Public Pension ◽  
Demographic Factor ◽  
Public Pensions ◽  
Calculation Formula ◽  
Pension Systems ◽  
Public Pension System ◽  
Reform Processes

AbstractPopulation aging challenges pay-as-you-go pension systems. Solving the associated funding problem constantly motivates reform processes. In addition to an aging population, specific regulations of the German public pension system lead to an increasing financial burden of national finances. To ensure sustainable funding of pensions, the calculation formula of the German public pension system will be investigated in this paper. It will be shown, that there are two alterable parameters, which are not optimally used regarding the funding of public pensions. Simulations show that a variable demographic factor to calculate public pensions can reduce the financial burden of national finances.

Costs and liabilities of US public pension systems in a low-return environment

2020 ◽  
pp. 1-18
Author(s):  
Gang Chen ◽  
David Matkin ◽  
Hyewon Kang
Keyword(s):  
Asset Allocation ◽  
Simulation Method ◽  
Public Pension ◽  
Moderating Effects ◽  
Pension Systems ◽  
Long Term Effect ◽  
Unfunded Liabilities ◽  
Investment Returns ◽  
Investment Portfolios

Abstract In recent years, a growing number of capital market professionals have projected a low-return environment in US investment portfolios – where returns in most asset classes are expected to drop below historical rates. While these specific forecasts may not fully materialize, it is natural for cyclical investment markets to go through extended periods of lower returns, creating significant risks for public pension systems which rely on investment returns to sustain their long-term solvency and offset budgetary contributions. This paper uses a simulation method to examine the long-term effect of a low-return environment on the unfunded liabilities and contribution costs of US public pension systems while considering the moderating effects of asset allocation strategies, amortization approaches, and contribution policies.

Recent research on public pension systems. A review

1998 ◽  
Vol 5 (1) ◽  
pp. 91-108 ◽  
Author(s):  
Jørn Henrik Petersen
Keyword(s):  
Public Pension ◽  
Pension Systems
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