December 2024 and January 2025 market swings cause a combined $43 billion decrease in funded status for largest U.S. public pension plans December markets ended 2024 on a negative note, causing the 100 largest
Public pension reformRetirementLabor supplyHouseworkTime useWith many countries facing aging populations, the sustainability of public pensions has become a pressing issue. I evaluate the impacts, including both employment and time allocation, of public pension reform on the lifestyles of the elderly. ...
The findings reveal that high economic policy uncertainty is associated with a decrease in public pension spending, whereas green growth is associated with an increase in public pension spending. Meanwhile, the employment rate, inflation rate, and social spending are found to play a mediating role ...
Does public pension crowd out the participation of older adults in community volunteering? Evidence from Chinadoi:10.3389/fpubh.2025.1533922Li, Zhi-YunTang, Ying-YiYang, Hua-LeiTang, Li-LiFrontiers in Public Health
Pension coverageContribution levelChina has made strides to achieve universal pension coverage through implementing the Public Pension Scheme for Urban and Rural Residents (PPSURR) program since 2014. This study explores the effectiveness of implementing the PPSURR in an impoverished county in China and...
public pension financeH75We propose an economic reformulation of contribution policy integrating: (1) formalization of sustainability as the steady-state contribution rate, incorporating both the expected return on risky assets and a low-risk discount rate for liabilities; (2) derivation of contribution...
These findings indicated the need for flexible pension plans. Practical implications Therefore, the progressive movement towards monetization and the shift from defined benefit to a defined contribution pension system due to economic pressures must be accurately calculated and introduced where it is ...