Download or read book A Public Versus a Private Canada Pension Plan a Survey of the Economics written by James, Steven and published by Department of Finance. This book was released on 1997 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Pension Plans and the Incentive to Work written by John Burbidge and published by . This book was released on 1980 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Private Pensions in an Inflationary Climate written by James E. Pesando and published by Economic Council of Canada. This book was released on 1978 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public and Private Pensions in Canada written by James E. Pesando and published by Published for the Ontario Economic Council by University of Toronto Press. This book was released on 1977 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: At current contribution rates, the Canadian Pension Plan investment fund will be exhausted before the end of the century. At 8% inflation rate, the real value of today's private pension will be cut in half every ten years. The implications of these are explored in this study of public and private pensions in Canada.
Download or read book Reform of the Canada Pension Plan written by Mr.Charles Frederick Kramer and published by International Monetary Fund. This book was released on 1997-10-01 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Like other transfer programs, a pay-as-you-go public pension system can significantly affect economic behavior and, hence, relative prices and macroeconomic aggregates. This paper illustrates some of these effects, which are important in weighing options for reforming public pensions, in the context of a stylized model of the Canadian economy. It shows that introducing such a system can reduce aggregate saving, income, and wages and increase interest rates. It also shows that a significant part of the distortion can occur because benefits are not explicitly linked to contributions and that creating a linkage can reduce the distortions associated with the wage tax that funds plan contributions.
Download or read book The Nature of Public Pension Plans written by Athanasios Asimakopulos and published by . This book was released on 1980 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Preparing for an Aging World written by National Research Council and published by National Academies Press. This book was released on 2001-06-26 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aging is a process that encompasses virtually all aspects of life. Because the speed of population aging is accelerating, and because the data needed to study the aging process are complex and expensive to obtain, it is imperative that countries coordinate their research efforts to reap the most benefits from this important information. Preparing for an Aging World looks at the behavioral and socioeconomic aspects of aging, and focuses on work, retirement, and pensions; wealth and savings behavior; health and disability; intergenerational transfers; and concepts of well-being. It makes recommendations for a collection of new, cross-national data on aging populationsâ€"data that will allow nations to develop policies and programs for addressing the major shifts in population age structure now occurring. These efforts, if made internationally, would advance our understanding of the aging process around the world.
Download or read book Fixing the Future written by Bruce Little and published by University of Toronto Press. This book was released on 2008-01-01 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bruce Little explains the CPP overhaul and shows why it stands as one of Canada's most significant public policy success stories, in part because it demanded an almost unparalleled degree of federal-provincial co-operation.
Download or read book Pension Developments and Reforms in Transition Economies written by Mr.M. Cangiano and published by International Monetary Fund. This book was released on 1998-10-01 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews developments in pension systems in 11 transition economies during the 1990s, highlighting the forces behind their rapid weakening. It focuses on the challenges these systems face—including those arising from demographic factors—and discusses why most transition countries are considering shifting, or have already shifted, from traditional defined-benefit pay-as-you-go systems to defined-contribution fully funded systems. Finally, the paper looks at the main options that arise in introducing fully funded components, including the relative mix between funding and pay-as-you-go, and the speed of the transition toward the new system.
Download or read book Pensions Under Attack written by Monica Townson and published by James Lorimer & Company. This book was released on 2001-02-07 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Canada's aging population has raised cries of alarm from some quarters. Critics warn of a demographic time bomb waiting to explode and an age war over pensions as the baby boom generation starts to retire in the next decade. They say the answer is to get rid of public pension programs like the Canada Pension Plan and force people to contribute to their own personal savings plans instead. Will this spell disaster for the elderly, or is it a bold new idea for coping with rising costs? Monica Townson, a prominent independent economist, discusses the forces behind the push to privatize public pensions and looks at the likely impact of privatization on the financial security of futre seniors. She describes how Chile, under the Pinochet dictatorship, replaced its public pension plan with a forced savings scheme and became the darling of right-wing governments around the world, and how Britain, under Margaret Thatcher, introduced opting out of public pensions and triggered a major scandal involving some of the big names in the insurance industry. As the debate about pivatization heats up the new millennium, Pensions Under Attack provides the information needed to question the hidded agenda behind the current push to privatize public pensions. It will be a timely contribution to a discussion whose outcome affects the personal financial security of every Canadian.
Download or read book United States written by International Monetary Fund and published by International Monetary Fund. This book was released on 1998-10-28 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper on the United States explains the behavior of inflation and unemployment during 1997–98. The paper highlights that a simple Philips curve equation relating inflation to the unemployment gap has overpredicted inflation since 1993. The mean forecast error for 1994–97 is greater than zero by an amount equivalent to two-thirds of the standard deviation of the forecast error. The paper also examines the developments in the U.S. stock prices. Alternative approaches to social security reform are also discussed.
Download or read book Assessing Chile s Pension System Challenges and Reform Options written by Samuel Pienknagura and published by International Monetary Fund. This book was released on 2021-09-10 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chile’s pension system came under close scrutiny in recent years. This paper takes stock of the adequacy of the system and highlights its challenges. Chile’s defined contribution system was quite influential when introduced, and was taken as an example by other countries. However, it is now delivering low replacement rates relative to OECD peers, as its parameters did not adapt over time to changing demographics and global returns, while informality persists in the labor market. In the absence of reforms, the system’s inability to deliver adequate outcomes for a large share of participants will continue to magnify, as demographic trends and low global interest rates will continue to reduce replacement rates. In addition, recent legislation allowing for pension savings withdrawals to counter the effects from the COVID-19 pandemic, is projected to further reduce replacement rates and increase fiscal costs. A substantial improvement in replacement rates is feasible, via a reform that raises contribution rates and the retirement age, coupled with policies that increases workers’ contribution density.
Download or read book Aging Population and Canadian Public Pension Plans written by Mr.Tamim Bayoumi and published by International Monetary Fund. This book was released on 1994-08-01 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Canadian public pension plans are run on a "pay-as-you-go" basis. As the baby boom ages, contribution rates for the two main plans are projected to rise significantly, from their current level of around 5 percent of eligible earnings to over 13 percent by 2030. An alternative is to set contribution rates at their underlying long-term levels. Such a policy would imply a significant rise in current contribution rates, to 10-101⁄2 percent of eligible earnings, but would allow the system to cope with the retirement of the baby boom generation without recourse to borrowing or significant increases in contribution rates.
Download or read book The Challenge of Public Pension Reform in Advanced and Emerging Economies written by Mr.Benedict J. Clements and published by International Monetary Fund. This book was released on 2013-01-25 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where pension coverage is extensive, the issues are similar to those in advanced economies. Where pension coverage is low, the key challenge will be to expand coverage in a fiscally sustainable manner. This volume examines the outlook for public pension spending over the coming decades and the options for reform in 52 advanced and emerging market economies.
Download or read book OECD Economic Surveys Canada 1998 written by OECD and published by OECD Publishing. This book was released on 1998-12-18 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1998 edition of OECD's periodic survey of Canada's economy examines recent economic developmens, policies and prospects. It also includes a special feature on the labour market in a knowledge-based economy.
Download or read book OECD Economic Surveys Canada 2018 written by OECD and published by OECD Publishing. This book was released on 2018-07-23 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Well-being is high in Canada, and the economy has regained momentum, supported by a rebound in exports and strengthening business investment. Macroeconomic policies are gradually becoming less stimulatory, and budget policies are sustainable in the long term, although difficulties remain ...
Download or read book Canada Selected Issues written by and published by . This book was released on 1997 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt:
