scholarly journals Reducing The Downside Risk Of Not Receiving Anticipated Social Security Benefits By Using Personal Accounts

2011 ◽  
Vol 6 (1) ◽  
Author(s):  
Robert E. Pritchard ◽  
Gregory C. Potter
Keyword(s):  
Social Security ◽  
Downside Risk ◽  
Retirement Income ◽  
Personal Account ◽  
Font Size ◽  
The Government ◽  
Personal Accounts ◽  
The Right ◽  
Social Security Benefits ◽  
To Receive

<p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt;"><span style="font-size: 10pt;"><span style="font-family: Times New Roman;">The government is not obligated to pay Social Security benefits and no one has the right to receive such benefits.<span style="mso-spacerun: yes;">&nbsp; </span>This paper presents the argument that opting for a personal account in conjunction with traditional Social Security is less risky than opting to have all of ones Social Security taxes go into traditional Social Security.<span style="mso-spacerun: yes;">&nbsp; </span>The overall downside risk of receiving lower than anticipated Social Security retirement income is reduced by diversifying to include personal accounts along with traditional Social Security.<span style="mso-spacerun: yes;">&nbsp; </span></span></span></p>

scholarly journals Deciding When To Initiate Social Security Benefits

2010 ◽  
Vol 8 (4) ◽  
Author(s):  
Allen Atkins ◽  
Craig Bain
Keyword(s):  
Social Security ◽  
Married Couple ◽  
Font Size ◽  
Real Rate ◽  
Trade Offs ◽  
Investment Returns ◽  
Long Time ◽  
Social Security Wealth ◽  
The Government ◽  
Social Security Benefits

<p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt; mso-pagination: none;"><span style="color: black; font-size: 10pt; mso-themecolor: text1;"><span style="font-family: Times New Roman;">People nearing retirement face a well-known decision: When should to begin taking social security benefits? The answer may not seem obvious since there are key trade-offs involved. The retiree can choose low benefits for a longer period of time, or high benefits for a shorter period of time, or something in between.<span style="mso-spacerun: yes;">&nbsp; </span>The optimal initiation date that maximizes social security wealth is a quantitative question and it depends on the life expectancy of the person and on the real rate of return they expect to earn on their investments, among other things. We attempt to provide some answers to this practical and important question.<span style="mso-spacerun: yes;">&nbsp; </span>Our focus throughout is on relatively high-wealth individuals who will receive the maximum social security benefits.<span style="mso-spacerun: yes;">&nbsp; </span>We show how the government&rsquo;s social security benefit calculator can be very misleading. We also include how the decision may be different for a married couple.<span style="mso-spacerun: yes;">&nbsp; </span>We conclude with the following rough guideline.<span style="mso-spacerun: yes;">&nbsp; </span>If you expect to make a good return on your investments, you should take the benefits early (i.e. at age 62).<span style="mso-spacerun: yes;">&nbsp; </span>If you expect to make modest investment returns and you expect to live a long time, you should take the benefits later, (i.e. at age 70).</span></span></p>

Inheritance of unpaid amounts provided to a citizen as a means of subsistence

2021 ◽  
pp. 20-22
Author(s):  
N. Zhilskij ◽  
N. Golovanov
Keyword(s):  
Social Security ◽  
Russian Federation ◽  
Civil Code ◽  
The Russian Federation ◽  
The Right ◽  
Social Security Benefits ◽  
To Receive

According to Art. 1183 of the Civil Code of the Russian Federation (Civil Code of the Russian Federation), the right to receive payable to the testator, but not received by him during his lifetime for any reason, the amount of wages and equivalent payments; pensions; scholarships; social security benefits; alimony; amounts of compensation for harm caused to life or health; other sums of money provided to a citizen as a means of subsistence belong to those who lived together with the deceased members of his family, as well as his disabled dependents, regardless of whether they lived with the deceased or did not live. Requests for the payment of these amounts must be presented to the obligated persons within four months from the date of opening the inheritance.

scholarly journals Crónica de jurisprudencia laboral internacional. Julio / diciembre 2016 = Chronicle of international labor jurisprudence. July / december 2016

2017 ◽  
Vol 9 (2) ◽  
pp. 593
Author(s):  
Ángel Arias Domínguez
Keyword(s):  
Social Security ◽  
Professional Services ◽  
Public Employment ◽  
Criminal Proceedings ◽  
Freedom Of Association ◽  
International Protection ◽  
Provision Of Services ◽  
Civil Execution ◽  
The Government ◽  
The Right

desproporcionado del precepto penal que castiga las coacciones de los piquetes informativos termina con una serie de recomendaciones al Gobierno para que informe al Comité sobre el devenir de los procedimientos penales todavía abiertos, interesándose, particularmente, por determinadas procedimientos que terminaron con condenas penales.El Tribunal de Justicia de la Unión ha dictado seis resoluciones que afectan a España en el período de referencia, sobre los siguientes temas: discriminación de los funcionarios interinos para acceder a complementos económicos solamente destinados para funcionarios de carrera; efectos jurídicos de la reiteración de contratos de duración determinada; calificación de la prestación de servicios de duración determinada; calificación jurídica de relación de servicios profesionales de duración determinada y abono de indemnización por extinción del vínculo contractual; discriminación por razón de edad para el acceso al empleo público (policía); y despido disciplinario en situación de incapacidad temporal de larga duración.En el ámbito del TEDH tres resoluciones han sido relevantes. Una referida a la incorrecta ejecución civil de un bien de los dos ex–esposos por deudas contraídas con la Tesorería General de la Seguridad Social; otra relativa a la incorrecta ejecución de una movilidad de funcionarios, con graves perjuicios para uno de ellos, y una tercera referida a la denegación de una solicitud de asilo basada en ser perseguida la solicitante en su país de origen por su condición sexual.Palabras clave: reprensión penal del derecho de huelga y protección internacional del derecho a la libertad sindical, imposibilidad de acceso del funcionario interino a complementos económicos típicos del funcionario, reiteración fraudulenta de contratos de duración determinada, calificación de la prestación de servicios de duración determinada para diversas administraciones públicas, relación laboral de duración determinada y abono de indemnización por extinción del contrato, discriminación por razón de edad para el acceso al empleo público (policía), despido en situación de incapacidad temporal de larga duración, ejecución de un bien por deudas contraídas con la Seguridad Social, traslado de funcionarios y derecho a renunciar al solicitado y no concedido definitivamente, solicitud de asilo basada en su condición sexual.Abstract: The complaint to the Committee on Freedom of Association regarding the disproportionate use of the penal provision which punishes the coercion of information piques ends with a series of recommendations to the Government to inform the Committee on the evolution of criminal proceedings still open, For certain procedures that ended with criminal convictions.The Court of Justice of the Union has issued six resolutions affecting Spain in the reference period, on the following subjects: discrimination against temporary staff to access economic supplements only for career officials; Legal effects of the repetition of fixed-term contracts; Qualification of the provision of fixed-term services; Legal qualification of relation of professional services of determined duration and payment of indemnification by extinction of the contractual link; Discrimination on grounds of age for access to public employment (police); And disciplinary dismissal in situations of long-term incapacity.Within the scope of the ECHR, three rulings have been relevant. One related to the incorrect civil execution of a property of the two ex-spouses for debts contracted with the General Treasury of the Social Security; One relating to the incorrect execution of a mobility of civil servants with serious detriment to one of them and a third relating to the refusal of an application for asylum based on the applicant being persecuted in his country of origin for his sexuality.Keywords: criminal rebuke of the right to strike and international protection of the right to freedom of association, impossibility of access of the temporary official to economic complements typical of the official, fraudulent repetition of fixed-term contracts, qualification of the provision of services of determined duration for diverse public administrations, fixed-term employment relationship and payment of compensation for termination of the contract, discrimination on grounds of age for access to public employment (police), dismissal in situation of temporary incapacity of long duration, execution of a good for debts contracted with Social Security, transfer of officials and right to waive the requested and not granted definitively, application for asylum based on your sexual status.

scholarly journals ANALISIS KINERJA PENGELOLAAN ZAKAT DI BADAN AMIL ZAKAT NASIONAL (BAZNAS) KOTA YOGYAKARTA

2020 ◽  
Vol 11 (1) ◽  
Author(s):  
M Samsul Haidir
Keyword(s):  
Mixed Method ◽  
Survey Methods ◽  
Sampling Technique ◽  
Relationship With God ◽  
Purposive Sampling ◽  
The Government ◽  
Index Value ◽  
The Right ◽  
To Receive

AbstractZakat is a means of worship that must be fulfilled by Muslims, where it involves a servant's horizontal relationship with God. The realization of the collection of zakat and infaq by BAZNAS in Yogyakarta in 2016 reached 4.38 billion rupiah. As for the purpose of this study is to evaluate the performance of the government and society in managing zakat, the performance of zakat institutions, and the influence of zakat on the welfare of those who have the right to receive zakat in Yogyakarta. This research was conducted using survey methods through interviews using questionnaires. Samples were selected using purposive sampling technique. The analysis was carried out using the National Zakat Index using the Mixed Method. The results showed that the performance of zakat management in Yogyakarta was quite good with an index value of 0.4878. 

scholarly journals Legal Issues in The Implementation of National Social Security System on Labour in Indonesia

2018 ◽  
Vol 54 ◽  
pp. 03019
Author(s):  
Tedi Sudrajat ◽  
Siti Kunarti ◽  
Abdul Aziz Nasihuddin
Keyword(s):  
Social Security ◽  
Social Insurance ◽  
Health And Safety ◽  
Legal Protection ◽  
Social Security System ◽  
Security System ◽  
Safety Assurance ◽  
The Social ◽  
The Government ◽  
Social Security Benefits

The Social Security System in Indonesia has been regulated by the government, and the program is managed by an agency called Social Insurance Administration Organization (BPJS). Associated with the existence of social security functions for workers, its practice presents a gap between what is expected and what is regulated. For this reason, it is therefore necessary to examine, firstly, what kind of legal protection of workers is covered by this national social security system managed in BPJS program and, secondly, what constraints are encountered in its implementation. This research is Juridical Normative one, with normative qualitative data analysis. The research finds that the social security is correlated not only with the welfare of employees who are assessed by the level of wages provided by the organization, rather it is also correlated with other factors in the form of health and safety assurance. In the broader context, social welfare is measured not only when the person is at work and gets social security benefits, rather the measure of his welfare is also applicable when the worker is not working and/or when they retire. On the basis of these, the social security program is an integral aspect of social security to which the government should give a legal protection.

Does it pay to delay social security?

2013 ◽  
Vol 13 (2) ◽  
pp. 121-144 ◽  
Author(s):  
JOHN B. SHOVEN ◽  
SITA NATARAJ SLAVOV
Keyword(s):  
Social Security ◽  
Interest Rates ◽  
Real Interest Rate ◽  
Mortality Rates ◽  
Present Value ◽  
Actuarial Fairness ◽  
Low Interest Rates ◽  
Social Security Benefits ◽  
To Receive ◽  
Mortality Improvements

AbstractSocial Security benefits may be commenced at any time between ages 62 and 70. As individuals who claim later can, on average, expect to receive benefits for a shorter period, an actuarial adjustment is made to the monthly benefit to reflect the age at which benefits are claimed. We investigate the actuarial fairness of that adjustment in light of recent improvements in mortality and historically low interest rates. We show that delaying is actuarially advantageous for a large number of people, even for individuals with mortality rates that are twice the average. At real interest rates closer to their historical average, singles with mortality that is substantially greater than average do not benefit from delay, although primary earners with high mortality can still improve the present value of the household's benefits through delay. We also investigate the extent to which the actuarial advantage of delay has grown since the early 1960s, when the choice of when to claim first became available, and we decompose this growth into three effects: (1) the effect of changes in Social Security's rules, (2) the effect of changes in the real interest rate, and (3) the effect of changes in life expectancy. Finally, we quantify the extent to which the gains from delay can be expected to increase in the future as a result of mortality improvements.

scholarly journals Institusi Pengelola Zakat Dalam Hukum Positif Di Indonesia

2018 ◽  
Vol 5 (1) ◽  
pp. 171
Author(s):  
Junaidi Abdullah
Keyword(s):  
Font Size ◽  
The People ◽  
The Law ◽  
The Government ◽  
To Receive

<p><em>Zakat is a property that must be set aside by a Muslim or an entity that is owned by Muslims in accordance with the provisions of religion to be given to those who are entitled to receive it.<span style="font-family: Calibri;"><span style="font-size: medium;"> Zakat should be managed properly and professionally, so that the benefits of zakat can prosper the people and can alleviate poverty and can turn mustahik into muzakki. In Indonesia, the government has made several regulations on zakat, namely with the enactment of Law number 38 of 1999 concerning the management of Zakat and has been revised by Law No. 23 of 2011. In the Law that carries out zakat management are institutions officially recognized by the government. These institutions are BAZNAS and LAZ. The form of zakat management carried out by BAZNAS and LAZ starts from the collection, distribution, utilization and reporting.</span></span></em><em></em></p>

scholarly journals PENDATAAN PENERIMA ZAKAT KANTOR BAZNAS KABUPATEN PROBOLINGGO BERBASIS ANDROID GIS

JOUTICA ◽  
2019 ◽  
Vol 4 (2) ◽  
pp. 287
Author(s):  
Muslim Alamsyah ◽  
Mochammad Firman Arif
Keyword(s):  
Data Collection ◽  
Android Application ◽  
Data Collection Methods ◽  
The Poor ◽  
Presidential Decree ◽  
The Law ◽  
The Government ◽  
The Right ◽  
To Receive ◽  
Collection Methods

Zakat is a number of assets that must be issued by Muslims to be given to groups who have the right to receive, such as the poor and the like, according to those stipulated by sharia. The law of zakat is obligatory for every Muslim who has fulfilled certain conditions. The National Zakat Amil Agency (BAZNAS) is the official body and the only one formed by the government based on RI Presidential Decree No. 8 of 2001 which has duties and functions to collect and distribute zakat, infaq, and alms. The purpose of making this research is to build an android application for GIS zakat assistance map (BAZNAS) in probolinggo district. This study uses data collection methods used in this study through observation, which is collecting data obtained from existing documents or stored records, both in the form of transcript notes, books, newspapers, plunging directly to the location to take pictures, and so on. Output targets of this study are in the form of an application for collecting data on zakat assistance from an Android-based Baznas office and will be published in non-accredited national journals. The application can be used by someone who wants to send donations via Smartphone easily. As well as the results of this application, it can map the locations of recipients of Zakat and Donors according to the coordinates of points of different colors. With the application, it can help channeling Zakat in Probolinggo district. Keywords: Zakat, Baznas, Android, GIS

scholarly journals Analisis Yuridis Pengaturan Sanksi Bagi Penolak Vaksinasi Covid-19

2021 ◽  
Vol 5 (3) ◽  
Author(s):  
Yulia Emma Sigalingging ◽  
Aris Prio Agus Santoso
Keyword(s):  
Human Rights ◽  
Data Collection ◽  
Social Security ◽  
Research Method ◽  
Point Of View ◽  
Vaccination Program ◽  
Individual Freedom ◽  
Administrative Services ◽  
The Government ◽  
The Right

Referring to Article 28H paragraph (1) of the 1945 Constitution, the Government has tried to ensure the health of its citizens through the Covid-19 Vaccination program, but there are still people who refuse to be given the Covid-19 vaccination, and this has become a pro and con in the community. The formulation of the problem in this study is how to set sanctions for refusal of Covid-19 vaccination and how the right to refuse the Covid-19 vaccination is viewed from the point of view of Human Rights. This research method uses a normative juridical approach, with data collection from literature studies. The data obtained were analyzed qualitatively. Based on the results of the study, it was found that the sanctions for refusing the Covid-19 vaccine were in the form of imprisonment of 6 months to 1 year in prison or a fine of Rp. 500,000 - Rp. 1,000,000. In addition, there are sanctions in the form of delaying or discontinuing the provision of social security or social assistance, delaying or discontinuing government administrative services, and fines. In fact, refusing to be vaccinated against Covid-19 is a form of individual freedom that cannot be forced with all considerations to express his aspirations regarding the risks and consequences to his body. Where this should be respected by the Government as stated in Article 28J Paragraph (1) of the 1945 Constitution

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