The inequality of public pension benefits for the elderly using Estonian data

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.

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Effects of Public Pension on the Life Satisfaction of the Elderly : Focusing on the Mediational Effects of Social Participation

Social Work Practice & Research ◽

10.38082/swpr.2021.18.02.39 ◽

2021 ◽

Vol 18 (2) ◽

pp. 39-64

Author(s):

You Ra Oh ◽

Jin Yi Lee ◽

Seo Hui Kim

Keyword(s):

Life Satisfaction ◽

Social Participation ◽

The Elderly ◽

Public Pension

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Integrating Payouts: Annuity Design and Public Pension Benefits in Mandatory Defined Contribution Plans

The Pension Challenge ◽

10.1093/0199266913.003.0005 ◽

2003 ◽

pp. 89-101

Author(s):

Olivia S. Mitchell ◽

Kent Smetters

Keyword(s):

Public Pension ◽

Defined Contribution ◽

Defined Contribution Plans ◽

Pension Benefits

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Affordability of public pension benefit: a historical and empirical analysis of US state and local government pension contributions

Journal of Pension Economics and Finance ◽

10.1017/s1474747215000268 ◽

2015 ◽

Vol 16 (1) ◽

pp. 21-42 ◽

Cited By ~ 6

Author(s):

JUN PENG ◽

QIUSHI WANG

Keyword(s):

Empirical Analysis ◽

Historical Analysis ◽

State Level ◽

Public Pension ◽

Pension Benefit ◽

Investment Performance ◽

State And Local ◽

Public Workforce ◽

Pension Contribution ◽

Pension Benefits

AbstractAs a result of the two severe stock market declines since 2000, there has been a steady debate about the affordability of state and local public pension benefits. We measured the affordability of pension benefits in terms of governments’ ability to make the required contributions based on existing tax and revenue bases. We conducted a historical analysis of government pension contributions at national and state level over a 20-year period 1992–2011 and found that the real pension burdens have increased over this period. We also found substantial variation in pension burdens among the 50 states. The results of our empirical analysis showed that employee contribution share, investment return, size of the public workforce, and pension benefit level had significant effects on pension burdens. Based on these findings, we proposed several strategies for reducing pension burdens, including increasing employee pension contribution, reducing size of workforce, and improving pension investment performance.

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On appropriate levels of public pension benefits for Japan's ageing population.

Insurance Mathematics and Economics ◽

10.1016/0167-6687(94)90489-8 ◽

1994 ◽

Vol 14 (1) ◽

pp. 86

Keyword(s):

Public Pension ◽

Ageing Population ◽

Pension Benefits

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Disposable income and consumption expenses in pensioners’ households in Poland in the years 2010-2019 – the analysis of changes in view of demographic transformations

Optimum Economic Studies ◽

10.15290/oes.2021.04.106.04 ◽

2021 ◽

pp. 45-56

Author(s):

Anna Gardocka-Jałowiec ◽

◽

Agata Niemczyk ◽

Keyword(s):

Descriptive Analysis ◽

Secondary Data ◽

The Elderly ◽

Point Of View ◽

Disposable Income ◽

Polish Society ◽

Central Statistical ◽

Central Statistical Office ◽

Pension Benefits ◽

Theoretical Considerations

Purpose – The aim of the article is to study the changes of disposable income and consumption expenses in pensioners’ households in the years 2010-2019 and the attempt to draw conclusions corresponding to the deepening process of society ageing.Research method – Categories of disposable income and consumption expenses as well as selected issues from the field of demographic transformations were presented in the theoretical considerations, using the descriptive analysis method. The basis of empirical considerations were secondary data from the Central Statistical Office. Conclusions – The average amount of pension benefits in the common occupational system is generally lower than the average work income and it can be claimed that it gets lower systematically. Disposable incomes in pensioners’ households in 2019 were about 50% higher than in 2010. This tendency was reflected in the increase (of about 3% a year on average) of real expenses on con-sumption produce and services per capita in households. The increase was comparable to the general increase of consumption expenses of households in Poland. In the years 2010-2019 expenses related to food, house maintenance and energy carriers were increasing more slowly than the rise of income.Originality / value / implications / recommendations – Conducted considerations constitute a point of view in the evaluation of the changes in the income situation of pensioners’ households in view of the deepening process of ageing of the Polish society. In times of extensive demographic changes related to the ongoing process of society ageing, the elderly constitute a numerous and important consumer group on the market.

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