scholarly journals A Digital Individual Benefit Statement to Mitigate the Risk of Poverty in Retirement: The Case of Switzerland

Risks ◽  
2021 ◽  
Vol 9 (6) ◽  
pp. 101
Author(s):  
Catherine Equey Balzli
Keyword(s):  
Focus Group ◽  
Old Age ◽  
Pension Fund ◽  
Retirement Income ◽  
Retirement Benefits ◽  
Digital Platform ◽  
Swiss Population ◽  
Part Time

Old-age retirement benefits are a major concern among the Swiss population but estimating one’s revenue after retirement is challenging due to the Swiss social system’s complexity. In Switzerland, as with many other countries, the risk of poverty for retiree people is high, especially for women who often work part-time. The research presented in this paper proposes a methodology to enable the development of a digital platform to provide Swiss citizens the means to verify that their retirement income will allow them to live decently when retired. The aim of the platform will be to allow insured people to plan for retirement in a simplified manner. The methodology used was both qualitative (focus group) and quantitative (surveys). The main results are recommendations for the scope and functionality for a digital platform to be developed. A main conclusion is the need to limit the platform’s scope to old-age pension only (e.g., excluding survivors’ or disability pensions). Moreover, an outcome regarding the functionalities is the proposition of scenarios such as postponed retirement, additional purchases in pension fund, or changes to individual status. The development of the platform is not included in the article.

scholarly journals Women and Superannuation: Work Until You Drop?

2009 ◽  
Vol 4 (1) ◽  
Author(s):  
Jo (Chau) Vu ◽  
James Doughney
Keyword(s):  
Regulatory Authority ◽  
Australian Bureau ◽  
Retirement Income ◽  
Paid Work ◽  
Retirement Benefits ◽  
Policy Initiatives ◽  
Paid Employment ◽  
Significant Barrier ◽  
Part Time ◽  
Australian Bureau Of Statistics

Superannuation is becoming an increasingly important source of retirement income. However, women in Australia face a significant barrier in accumulating superannuation entitlements because of their positions in the paid and unpaid workforce. When in paid work, women occupy lower positions, have more career breaks due to care responsibilities and have more part-time and casual employment. Many women, of course, do not work outside the home, and a smaller proportion of women engage in paid employment than do men. Consequently women have lower incomes, less wealth and less generous retirement benefits. Our analysis of the Survey of Employment Arrangements and Superannuation and other Australian Bureau of Statistics data, together with data published by the Australian Prudential Regulatory Authority, reveals that dramatic policy initiatives will be needed to improve women’s access to retirement resources. Such policies do not apply only to superannuation but must address women’s positions in the paid workforce and their care responsibilities.

De pensioenbescherming van flexibele werknemers in België

2006 ◽  
Vol 22 (2) ◽  
Author(s):  
Annelies Debels ◽  
Hans Peeters ◽  
Gert Verschraegen ◽  
Jos Berghman
Keyword(s):  
Statistical Analysis ◽  
Old Age ◽  
Pension System ◽  
Panel Study ◽  
Research Strategy ◽  
The Third ◽  
Temporal Flexibility ◽  
Part Time ◽  
Coordinated Regulation ◽  
Pension Benefits

Old age protection of flexible workers in Belgium Old age protection of flexible workers in Belgium This article investigates to what extent the Belgian pension system is adapted to the proliferation of a-typical forms of employment. Are there any differences between the old age protection of flexible and non-flexible workers? What are the effects of flexible employment on participation in the three pension pillars and on the level of pension benefits? To answer these questions, the article pursues a double research strategy: an analysis of Belgian legislation and relevant collective labour agreements is complemented with a statistical analysis on the Panel Study of Belgian Households (PSBH). The analyses show that part-time employment results in a lower pension, while other forms of temporal flexibility such as temporary leave arrangements and temporary unemployment do not. In the second pillar we find that contractual and transitional flexible workers are discriminated. Finally, the results indicate that flexible workers do not compensate for lower pension protection through increased participation in the third pension pillar. Our findings suggest that a re-assessment of the system of ‘assimilated’ periods is required, as well as the development of a system of coordinated regulation for the three pension pillars.

scholarly journals ANALISA PENCATATAN PEMOTONGAN IURAN DANA PENSIUN PT. POS INDONESIA CABANG MANADO

2016 ◽  
Vol 11 (2) ◽  
Author(s):  
Cynthia Imelda Mose ◽  
Inggriani Elim
Keyword(s):  
Old Age ◽  
Analytical Method ◽  
Pension Fund ◽  
Pension Funds ◽  
Civil Servants ◽  
Financial Condition ◽  
Retirement Funds ◽  
Pension Contribution ◽  
Descriptive Method ◽  
Made In

Everyone wants a prosperous life in old age. In the 1970s, people race to sign civil servants because only civil servants who have the assurance of a pension fund. However, in the 1990s after the issuance of Law No. 11 of 1992 on retirement funds, pension funds had not confined to civil servants but also the private sector employees. The purpose of this study was to determine the recording of deducting pension contributions PT. Pos Indonesia Cabang Manado. The analytical method used was descriptive method starts with collecting relevant data with research, analyzes how the recording of deduction contributions to pension funds, and draw conclusions. The results showed that the recording of pension contributions deduction made in accordance with accounting theory and the company only help in collecting and depositing pension contributions to the pension fund account.The company should mantain the recording of pension contribution deduction so the company’s financial condition could be controlled, especially about pension contribution deduction.   Keywords: recording, pension fund

scholarly journals Exploring the Preparedness of Ghanaians for Retirement and Ageing: A Case Study of the Cape Coast Metropolitan Area

2018 ◽  
Vol 6 (5) ◽  
Author(s):  
Irene Korkoi Aboh ◽  
Busisiwe P. Ncama
Keyword(s):  
Focus Group ◽  
Older People ◽  
Old Age ◽  
Rural Areas ◽  
Elderly Persons ◽  
Focus Group Discussions ◽  
Cape Coast ◽  
Group Discussions ◽  
Traditional System ◽  
The Family

Introduction: There is evidence of the inability of older people in Nigeria, Ghana and other developing countries to sustain themselves through savings, assets or pensions. This situation highlights the minimal benefit of pensions, savings or assets as income sources for older people; old age very often brings poverty and disability. Methodology: A qualitative interpretive design informed the study. The study area was categorized into three distinct ecological areas namely urban, periurban and rural areas. Twenty interviews and three focus group discussions with 68 elderly persons were conducted in ten sub-districts in the Cape Coast Metropolis, Ghana. The forty-eight elderly individuals were put into groups of 8, 20 and 20 for the focus group discussions. Data was thematically analysed.Results: Four major themes and subthemes were identified to reflect the pertinent issue of exploring and defining the preparedness of people for their retirement and ageing. There was evidence that preparing for old age is not an active precedent for the people of Cape Coast and they still believe in the traditional system of caring where it is the sole responsibility of the family to care for its own aged members.Conclusion: It is evident that formal care is not practiced in Ghana and that the aged therefore find the idea bewildering. They want to experience this care, but existing norms expect the family members to single-handedly provide care for their aged.

scholarly journals THE CURRENT TAX SITUATION OF OCCUPATIONAL PENSIONS AND PAN‐EUROPEAN PENSION FUNDS

2007 ◽  
Vol 8 (1) ◽  
pp. 45-49
Author(s):  
Gerhard Mudrack
Keyword(s):  
Old Age ◽  
Pension Fund ◽  
Pension Funds ◽  
Member States ◽  
Occupational Pensions ◽  
Cross Border ◽  
Tax Relief ◽  
Old Age Pensions ◽  
Domestic Companies

The main tax obstacle to the functioning of pan‐European pension funds is the exclusion from tax relief of cross‐border contributions. Many Member States have eliminated this obstacle or have announced that they will do this soon. The few Member States which may wish to continue the discrimination against foreign funds may find it very difficult to explain to the ECJ why they cannot do what so many other Member States already have. The conclusion of this article is, therefore, that for most situations, the main tax obstacle for pan‐European pension funds will be eliminated after the implementation date of the Pension Fund Directive, that was by 23 September 2005. The Pension Fund Directive includes the assumptions for a cross‐border activity of company pension funds. Among the existing national regulations of the setting of the systems of old age pensions the member states have to allow domestic companies in line with the Pension Fund Directive to be institution of foreign pension funds, which are licensed in other member states.

scholarly journals The legal protection of the accrued contributions in the Greek Public Pension Fund for the Self-Employed in view of the latest reductions

2016 ◽  
Vol 9 (1) ◽  
Author(s):  
George Simeonidis ◽  
Dafni Diliagka ◽  
Anna Tsetoura
Keyword(s):  
Old Age ◽  
Pension Fund ◽  
Legal Status ◽  
Legal Protection ◽  
Public Pension ◽  
The Self ◽  
Financial Resources ◽  
Public Pension Fund ◽  
Legal Arguments ◽  
Pension Benefits

This paper focuses on the pensioners of the Greek public pension fund for the selfemployed (OAEE) and is divided into two parts. The first part comprises calculations of pension reductions in certain cases for the selfemployed. The analysis of the former illustrates the great difference in handling pensioners<br />receiving low and high old-age pension benefits. The second part analyses the legal protection of the high-earnings pensioners precipitated by the Greek financial crisis. It is concluded that while there is no existing legal protection, there are some moral and legal arguments in support of their protection to<br />ensure that their legal status is not undermined due to restricted financial resources.

scholarly journals Understanding the Livelihood Characteristics of the Migratory and Non-Migratory Fishers of the Padma River, Bangladesh

2018 ◽  
Vol 10 (3) ◽  
pp. 261-273
Author(s):  
M. I. Khan ◽  
M. M. Islam ◽  
G. K. Kundu ◽  
M. S. Akter
Keyword(s):  
Focus Group ◽  
Well Water ◽  
Full Time ◽  
Age Group ◽  
Focus Group Discussions ◽  
Group Discussions ◽  
Key Informant ◽  
Part Time ◽  
Tube Well ◽  
Padma River

The Padma is the second longest and one of the trans-boundary rivers of Bangladesh that significantly contributes to fisheries production and supports the fishers’ livelihoods. This study assesses the livelihood characteristics of the Padma river-dependent migratory and non-migratory fishers, employing household interviews, focus group discussions (FGDs), and key informant interviews from July to October, 2015. All migratory fishers were full-time fishers, whereas, non-migratory fishers included full time (88.89%), part-time and occasional fishers (11.11%). Maximum fishers were belonging to the age group of 31 to 50 years of which 94.74% were migratory and 57.4% were non-migratory fishers. Half of the migratory and non-migratory fishers were illiterate. 89.47% migratory fishers used river water for drinking and other purposes, whereas, 94.44% non-migratory fishers used tube-well water. Average annual incomes of both migratory (58%) and non-migratory (65%) fishers ranged from Tk. 30,000 to 60,000, whereas 26% migratory and 5% non-migratory fishers had average annual incomes above Tk. 60,000. The overall livelihood status of the migratory and non-migratory fishers was not satisfactory as they have faced problems like conflicts with elite groups for resources, lack of fish preservation facilities. Effective initiatives and their proper implementations are very crucial to develop the Padma river fisher’s livelihood conditions.

How good is half a job? Part-time employment and job quality in the US

2019 ◽  
pp. 187-216
Author(s):  
Kenneth Hudson ◽  
Arne L. Kalleberg
Keyword(s):  
Labor Market ◽  
The United States ◽  
Work And Family ◽  
Job Quality ◽  
Retirement Benefits ◽  
Poverty Threshold ◽  
Large Numbers ◽  
Negative Effect ◽  
Part Time ◽  
Time Part

In January 2018, about 17 percent of the workforce in the United States had a part-time job. Part-time employment increased between 1955 and the 1980s as large numbers of women entered the workforce. Since then it has fluctuated in response to rising and falling unemployment. The majority of part-time workers are between 24 and 60 and about two-thirds are women, who often divide their time between work and family. Like other forms of nonstandard work, part-time workers are more likely to have bad jobs, and they are more apt to live in families that are poor, even when controlling for a multitude of labor related variables. Although some part-time jobs offer health and retirement benefits and wages above the poverty threshold, most do not. Only a small share of part-time jobs-between 16 and 17 percent-are located in the primary labor market. When compared to whites, we find that blacks, Hispanic non-citizens, and persons of mixed-race descent are more likely to work part-time. Part-time workers in these groups are also more likely to have jobs in the secondary labor market. Finally, we find that as percentage of part-time workers in occupations increases, the negative effect on job quality associated with the percentage of women in an occupation is greatly reduced or disappear

scholarly journals Faktor-faktor yang mempengaruhi keinginan orang tua menjadikan anak-anak mereka pegawai dibandingkan berwirausaha (Studi pedagang retail di pasar Bangkinang Kabupaten Kampar)

2015 ◽  
Vol 1 (2) ◽  
pp. 111-118
Author(s):  
Arman Arman
Keyword(s):  
Old Age ◽  
Civil Servants ◽  
Retirement Income ◽  
The Prestige

Abstract: Lack of motivation of parents to make their children as an entrepreneur or self-employed is not no excuse. From the results wawacara conducted and analyzed can be found the reason why parents prefer their children to become civil servants compared to become entrepreneurs or self-employed as they (parents) that is running the business opened a shop which is on the market Bangkinang among others: because of the prestige or taste proud parents will be great with the civil servants and the official dress uniform when viewed into a pride, then the certainty of income attributed here that even small payments made to them, but they get certainty. When compared with no certainty though employers can sometimes be great, but sometimes not at all. Also due to old age or retired, retiree becomes a problem for people in this area because the retirement income when it is already limited and sometimes only hope of children who are still not clear as well that the PNS can be no guarantee of that. Then factor can be relied upon, as civil servants or work dikantoran, it will be more reliable in the deal, because the deal sometimes requires a strong and attractive appearance, so to be considered to facilitate civil servants dealing and or become reluctant.   Keywords: keingian, Civil Servants, Entrepreneur

Sign in / Sign up

Export Citation Format

Share Document