2015

The Melbourne Mercer Global Pension index, now in its seventh year, provides a comparison of the many and varied systems around the world. This year the index also analyses trends in sustainability indicators over recent years.

People born in the 1940s will receive a real return on their pension contributions of approximately 5 per cent. The equivalent rate for those born in the 1970s and later is estimated to be an ample two per cent. The return rate is higher for women since they live longer than men do.

In several countries where pensions are reformed and the retirement age is increased, the issue came up to make an exception for workers with demanding occupations, since health considerations may make it unreasonable to expect them to work longer.

Forsikringsforeningen inviterer til medlemsmøte om ulike sider ved behandlingsforsikring 25. november kl. 16.15-18.30 i KS Agenda Møtesenter i Oslo.

While declines in physical and mental performance are inevitable as workers age, they are not uniform across the various systems of the body – some physical and cognitive abilities decline much earlier than others.  This variance implies that workers in occupations that rely on skills that decline early may be unable to work until late ages, even as policy changes like increases in the Full Retirement Age (FRA) encourage them to.

Demographic, policy and market changes mean that in future, retirees will be living longer, entitled to state pension later, more likely to reach retirement with Defined Contribution (DC) savings, and experience flexibility of access to DC savings. Greater numbers of DC savers, coupled with flexibility, will increase the level of risk people with pension savings face at and during retirement.

This paper discusses mandatory participation in Dutch occupational pension schemes. While historically mandatory participation is a feature of most second-pillar pension arrangements, some recent developments may affect the case for mandatory participation.

The Department for Work and Pensions (DWP) estimated in 2012 that just over 10 million were at risk of having inadequate retirement incomes. Replacement rates are one measure of adequacy; assessing the extent to which retirement income allows individuals to replicate the standard of living they had in working life.

This paper investigates whether individuals at the end of working life choose self-employment out of necessity and to what degree job search requirements for unemployment benefits induce people to become self-employed. For this purpose we analyze labor market transitions for people between the ages of 50 and 63 using a dynamic multinomial logit model with unobserved heterogeneity.

Comparison of the regulatory frameworks for DC Pensions, is a report commissioned by Scottish Widows. The research draws on discussions conducted with experts on regulation, and desk research, to explore the differences between the two regulatory regimes for DC pensions. It considers the pros and cons of the respective regimes for DC pensions, with a focus on the impact of these for savers.

Handel og Kontor i Norge, Fagforbundet, Norsk Tjenestemannslag og Norsk Arbeidsmandsforbund inviterer til Nasjonal Pensjonskonferanse 27.oktober.

Finans Norge og Handelshøyskolen BI inviterer til pensjonskonferanse 9. desember. Tema er utviklingstrekk i tjenestepensjonsmarkedet i privat sektor og ulike utfordringer knyttet til fripoliser. Konferansen avholdes i BIs lokaler i Nydalen.