Assets in private pension plans and public pension reserve funds in OECD countries and other major economies, latest year available

2017 ◽  
Keyword(s):  
Oecd Countries ◽  
Pension Plans ◽  
Public Pension ◽  
Private Pension

scholarly journals Recognising Unpaid Care in Private Pension Schemes

2016 ◽  
Vol 16 (4) ◽  
pp. 517-534 ◽  
Author(s):  
Myra Hamilton ◽  
Cathy Thomson
Keyword(s):  
Oecd Countries ◽  
Public Pension ◽  
Private Pension ◽  
Design Features ◽  
Private Pensions ◽  
Unpaid Care ◽  
Pension Schemes

Parents and carers often have interrupted workforce histories, causing gaps in their pension contributions and hence significantly lower retirement incomes. In some countries, to ameliorate these inequalities, carer credits have been introduced to maintain public pension contributions during periods of workforce absence. But improvements to credits in public schemes have taken place alongside a shift to private pensions that widens inequalities for carers. Introducing carer credits to private pensions is one method of addressing these inequalities. A search for examples of credits to private schemes in OECD countries revealed that, at present, they are rare and limited. This article sets out the design features and principles that should underpin carer credits to private pensions.

scholarly journals Individual Pension Funds and Capital Market Development in Turkey

2016 ◽  
Vol 9 (2) ◽  
pp. 95-109 ◽  
Author(s):  
Yilmaz Bayar
Keyword(s):  
Stock Market ◽  
Positive Impact ◽  
Pension Funds ◽  
Pension Plans ◽  
Public Pension ◽  
Private Pension ◽  
Securities Market ◽  
Causality Test ◽  
Pension Systems ◽  
The Impact

AbstractBeginning with the 1980s, when the sustainability of the public pension systems became endangedered, many countries have developed their individual pension plans and/or occupational pension plans in order to supersede or support their public pension systems,. This study examines the impact of individual pension funds on the development of both debt securities market and stock market in Turkey during the period October 2006-May 2015, using Hatemi (2008) cointegration test and Toda and Yamamoto (1995) causality test with monthly data. We found that, in the long run, the private pension funds had positive impact on both development of debt securities market and stock market. Furthermore, causality appears to exist between the market for private pension funds, the debt securities market and the stock market.

scholarly journals The Spanish public pension system as opposed to the alternative of private pension plans

2020 ◽  
Vol 6 (2) ◽  
pp. 13-26
Author(s):  
M. Cubas Pardo
Keyword(s):  
Pension System ◽  
Substantial Reduction ◽  
Pension Plans ◽  
Public Pension ◽  
Private Pension ◽  
Private Pensions ◽  
Public And Private ◽  
Public Pension System ◽  
Average Worker ◽  
The Impact

Many countries are currently facing the problem of sustainability of public pension systems due to demographic developments and changes in the labor market. In this context, private pension plans are often presented as an alternative. This paper aims to describe the functioning of the current public pension system in Spain and the impact that abandoning the current public system and adopting a pension system based on private contributions would have on workers and pensioners. To this end, a hypothetical case study is presented, for an average worker, comparing the contributions made in each of the systems (public and private) as well as the benefits received after retirement. The results show the different nature of public pensions, which act as an insurance and have a strong redistributive component, as opposed to private pensions, which have an investment nature. For the average worker, the adoption of a private system would entail losses in the purchasing power during his working life and a very substantial reduction in the amounts received during retirement, along with greater economic instability.

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