Download or read book Pensions at a Glance Asia Pacific written by OECD and published by OECD Publishing. This book was released on 2009-01-08 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report analyses the retirement income systems of 18 Asian countries, including Australia, China, India, Indonesia, Pakistan, the Philippines and Vietnam. It says that reform is needed because: coverage of formal pension systems is relatively ...
Download or read book Pension Systems and Old Age Income Support in East and Southeast Asia written by Donghyun Park and published by Routledge. This book was released on 2012-03-15 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: Old age income support will be one of the biggest social and economic challenges facing Asia in the twenty-first century. The growing spotlight on old age income support is largely due to exceptionally rapid population aging which is fundamentally reshaping Asia’s demographic profile. A young continent reaping the demographic dividend of a large youthful workforce is giving way to a greying continent where the ratio of retirees to workers is on the rise. In contrast to industrialized countries, most Asian countries do not yet have mature, well-functioning pension systems. As a result, they are ill prepared to provide economic security for the large number of retirees who loom on the region’s horizon. This book takes a close look at the pension systems of eight countries in East and Southeast Asia – namely, China, Indonesia, Korea, Malaysia, Philippines, Singapore, Thailand and Vietnam – which encompass a wide range of income and development levels. The book provides a comprehensive overview of pension systems in the eight countries, including an in-depth diagnosis to identify their major weaknesses and shortcomings. On the basis of the diagnosis, the book sets forth concrete and specific policy options for reforming Asia’s pension systems. Many policy options for reform are country-specific. For example, a top priority in China is to extend the pension system to rural areas. At the same time, a number of reforms – such as the need to extend coverage – resonate across the entire region. Appropriate reform will enable the region’s pension systems to deliver affordable, adequate and sustainable old-age economic security.
Download or read book Pensions at a Glance Asia Pacific 2018 written by OECD and published by OECD Publishing. This book was released on 2018-12-03 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many of Asia’s retirement-income systems are ill prepared for the rapid population ageing that will occur over the next two decades. The demographic transition – to fewer babies and longer lives – took a century in Europe and North America. In Asia, this transition will often occur in a single ...
Download or read book Pension Systems in East and Southeast Asia written by Donghyun Park and published by Asian Development Bank. This book was released on 2012-08-01 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: Population aging poses two major challenges for Asian policy makers: (i) sustaining rapid economic growth in the face of less favorable demographic conditions; and (ii) providing affordable, adequate, sustainable old-age income support for a large and growing elderly population. This book explores the second issue by examining the pension systems of eight countries in East and Southeast Asia: the People's Republic of China, Indonesia, the Republic of Korea, Malaysia, the Philippines, Singapore, Thailand, and Viet Nam. It also puts forward both country-specific and region-wide reforms to address two critical areas of pension reform, namely, fairness and sustainability.
Download or read book Pensions at a Glance Asia Pacific 2022 written by OECD and published by OECD Publishing. This book was released on 2022-12-15 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many of Asia’s retirement-income systems are ill prepared for the rapid population ageing that will occur over the next two decades. Asia’s pension systems urgently need to be reformed to ensure that they are both financially sustainable and provide adequate retirement incomes.
Download or read book Social Protection for Older Persons written by Sri Wening Handayani and published by Asian Development Bank. This book was released on 2012-07-01 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rising number of older persons in Asia has accentuated the importance of strengthening the systems of social protection in the region. This book examines the effectiveness and relevance of noncontributory or social pensions in supporting older persons in Asia. It discusses the political economy and financial sustainability of social pension reform, implications for gender equity and social rights, and design and implementation challenges. Case studies from Bangladesh, Nepal, Thailand, Viet Nam, and South Caucasus and Central Asia provide key lessons for informing development policy and practice in Asia and the Pacific.
Download or read book Pensions at a Glance Asia Pacific 2011 written by OECD and published by OECD Publishing. This book was released on 2012-01-25 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprhensive study of pension systems in the Asia/Pacific area combines rigorous analysis with clear, easy-to-understand presentations of empirical results which can be used to inform debate on the topic.
Download or read book Pensions at a Glance 2019 OECD and G20 Indicators written by OECD and published by OECD Publishing. This book was released on 2019-11-27 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2019 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the last two years. Moreover, two special chapters focus on non-standard work and pensions in OECD countries, take stock of different approaches to organising pensions for non-standard workers in the OECD, discuss why non-standard work raises pension issues and suggest how pension settings could be improved.
Download or read book Pensions at a Glance Asia Pacific 2018 written by Collectif and published by OECD. This book was released on 2018-12-03 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Many of Asia’s retirement-income systems are ill prepared for the rapid population ageing that will occur over the next two decades. The demographic transition – to fewer babies and longer lives – took a century in Europe and North America. In Asia, this transition will often occur in a single generation. Asia’s pension systems need modernising urgently to ensure that they are financially sustainable and provide adequate retirement incomes. This report examines the retirement-income systems of 18 countries in the region. The report provides new data for comparing pension systems of different countries. It combines the OECD’s expertise in modelling pension entitlements with a network of national pension experts who provided detailed information at the country level, verified key results and provided feedback and input to improve the analysis.
Download or read book Strengthening Social Protection in East Asia written by Mukul G. Asher and published by Routledge. This book was released on 2015-04-10 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on relatively unexplored areas in pension and health care arrangements, including financing, in East Asia. The book aims to fill the literature gap on social protection in East Asia by covering issues such as pension and health care arrangements in the depopulating high income countries of Japan and Korea; the challenges of the pay-out phase in Defined Contribution (DC) arrangements in Australia, New Zealand, and Singapore; and the extension of coverage of social protection schemes in China, India, and Indonesia. It also reviews social protection from a much wider perspective and extends coverage of social protection in terms of both the proportion of the population with access to the social protection scheme and the types of risks faced by the households and by society as a whole. The book also gives attention to reforms of civil service pensions.
Download or read book Pensions at a Glance Asia Pacific 2011 Korean version written by OECD and published by OECD Publishing. This book was released on 2012-09-17 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pensions are a major policy issue in developed and developing countries alike. However, pension reform is challenging and controversial because it involves long-term planning by governments faced with numerous short-term pressures. It often provokes heated ideological debates and, sometimes, street protests. Countries can learn valuable lessons from others’ pension systems and their experiences of retirement-income reforms. However, national pension systems are very complicated, involving much institutional, technical, and legal detail. Consequently, international comparisons are very difficult to undertake, making it impossible to transfer policy lessons between countries. Hence, this publication aims to fill this gap, with a particular focus on countries in the Asia/Pacific regions This study combines rigorous analysis with clear, easy-to-understand presentations of empirical results. It does not advocate any particular kind of pension system or type of reform. The goal is to inform debates on retirement-income systems.
Download or read book Pensions at a Glance Asia Pacific 2022 written by OECD. and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many of Asia's retirement-income systems are ill prepared for the rapid population ageing that will occur over the next two decades. Asia's pension systems urgently need to be reformed to ensure that they are both financially sustainable and provide adequate retirement incomes.
Download or read book The Evolution of Pension Systems in Eastern Europe and Central Asia written by David C. Lindeman and published by World Bank Publications. This book was released on 2000-01-01 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early 1990s the transition economy countries of Eastern Europe and Central Asia have had to adapt their pension systems in minor and often very major ways. Some of the changes relate to shrinking contribution bases and the inability of government's to finance prior commitments, while still having to protect the pensioned populations from poverty. Other changes, however, reflect the need to make pension systems more sustainable in light of forthcoming demographic changes. The reforms entail a move away from a single-pillar pay-as-you-go defined benefit systems toward multi-pillar systems that include a funded defined contribution component, and change that convert remaining pay-as-you-go components into ones that are more self sustaining and transparent. The paper describes ongoing developments, assesses the effects of current and forthcoming challenges in light of potential labor market changes, and examines choices for a new pensions system with respect to the organization, administration, guarantees, transition arrangements, participation requirements, role of the government, annuitization, and other factors. The paper concludes that though a 'one-size-fits-all' approach is clearly not appropriate, some practices emerging from the experiences in this region and elsewhere may offer useful guidance to others as they undertake deeper pension reforms.
Download or read book Automatic Adjustment Mechanisms in Asian Pension Systems written by Ms.Elif C Arbatli and published by International Monetary Fund. This book was released on 2017-01-18 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Automatic adjustment mechanisms (AAMs)—rules ensuring that certain characteristics of a pension system respond to demographic, macroeconomic and financial developments, in a predetermined fashion and without the need for additional intervention—have been introduced in many OECD countries to tackle public pension schemes’ deteriorating financial sustainability. Incorporating AAMs—in particular linking retirement age to life expectancy—can be an important part of pension reforms in Asia. If implemented early, AAMs could help prevent the need for sharp adjustments in the future, increase the predictability and inter-generational equity of pension systems and enhance confidence.
Download or read book Pensions at a Glance Asia Pacific 2022 written by Organisation for Economic Co-operation and Development and published by . This book was released on 2023-12-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many of Asia's retirement-income systems are ill prepared for the rapid population ageing that will occur over the next two decades. Asia's pension systems urgently need to be reformed to ensure that they are both financially sustainable and provide adequate retirement incomes. This report examines the retirement-income systems of 11 non-OECD countries in the region, comparing the results with a selection of OECD countries. The report provides new data for comparing pension systems of different countries. It combines the OECD's expertise in modelling pension entitlements with a network of national pension experts who provided detailed information at the country level, verified key results and provided feedback and input to improve the analysis.
Download or read book Pensions in Asia written by Noriyuki Takayama and published by 丸善出版. This book was released on 2005 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprises ten contributions about public and occupational pension schemes in East and South East Asia. Covers the challenge of population ageing, the transition from lump-sum retirement benefits to their annuitisation. Includes a paper by W.R. McGillivray (ISSA) entitled: "Public pension schemes: labour market and compliance issues".
Download or read book Strengthening Public Pension Systems in Asia written by Asian Development Bank and published by . This book was released on 2016-03 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Well-designed, well-functioning, and sustainable pension systems will promote inclusive growth by supporting old-age income and provide a muchneeded social safety net. In many Asian countries, pension systems are still inadequate in terms of coverage and delivery of stipulated benefits. This is particularly so for the smaller economies of Cambodia, Lao People's Democratic Republic, Myanmar, Thailand, and Viet Nam. A number of structural issues such as governance, regulation, and administrative capacities hinder their development. These issues are discussed in this summary of the 3-4 September 2015 Conference proceedings on "Strengthening Public Pension Systems in Asia."
