Pensions - Science topic

To what extent does the ageing of the population, especially in developed countries, lead to problems such as the burden on pension and health systems, labour shortages and changes in the social structure? How can this process, which is detrimental to the national economy, be slowed down? What are the solutions to increase the birth rate in society? Is financial support for large families a good solution to increase the birth rate as a social policy instrument?

The ageing of the population, especially in developed countries, is a demographic process that brings with it a number of challenges. Longer life expectancy and low birth rates lead to changes in the age structure of the population, with older people accounting for an increasing proportion. This phenomenon has far-reaching consequences, affecting the pension and healthcare systems as well as the labour market and social structure. The strain on pension and healthcare systems is due to the fact that a decreasing number of people of working age must finance benefits for a growing number of pensioners and people in need of care. This, in turn, puts pressure on the state budget and may lead to higher contributions, lower pensions or restricted access to medical services. The shortage of labour is another problem associated with an ageing population. Many sectors of the economy may experience a shortage of skilled workers, which will affect their competitiveness and ability to grow. Changes in the social structure are a natural consequence of the ageing process. The increasing proportion of older people affects intergenerational relationships, the consumer market and the demand for certain services. In order to meet the challenges of an ageing society, it is necessary to implement comprehensive solutions, such as reforming pension and healthcare systems, promoting active ageing, encouraging immigration and supporting families with children. In the country where I work, the Family 500 Plus programme was introduced a few years ago, now 800 Plus as a government programme of financial support from the state public finance system, a social programme that was supposed to contribute to an increase in fertility. However, after several years of the programme's operation, fertility has not increased. Only the scale of poverty in large families has decreased. Research plays an important role in solving the problem of an ageing society by providing the knowledge and analysis necessary to develop effective strategies.

I am researching this issue. I have described the research results in the following articles:

And what is your opinion on this matter?

What is your opinion on this issue?

Please reply,

I invite everyone to the discussion,

Thank you very much,

Best wishes,

I invite you to scientific cooperation,

Dariusz Prokopowicz

These elements are covered:

From: Professor Dr. M.E. Fayad,

Full Tenured Professor at SJSU

To: All SJSU Admins (President, VPs, Associate VPs, Sr. Directors, Directors, Managers, Deans, Associate Deans, Chairs), Faculty, Lecturers, Students

To:

Dr. Rosa E. Coronado, Ed.D. (She/Her/Hers)|

Senior Director of Academic Employee Relations

San José State University | University Personnel

One Washington Square, San Jose, CA 95192-0046

Direct Line: 408.924.1987 | Fax: 408.924.2425

Email: rosa.coronado@sjsu.edu | Website: www.sjsu.edu/up

And

Mr. Ray Buyco

CFA-SJSU Chapter President

I communicated with you in different correspondence via email, and I asked to call you in many unpleasant situations, but you didn't reply.

Do you know why? Because you saw many individuals cutting my neck, and you were as well.

What do I mean by a channel in this context? I will tell you about my entire career and livelihood, as this letter illustrates.

I have nothing against you or anyone else personally, and I am not threatening anyone. I respect everyone in this College and the universe. Please leave your ego aside. I am addressing you in your roles at the u University. So when I say "your" or "you" in this letter, I refer to roles, not actors.

Dr. Coronado, before answering your emails, I want to enumerate some ugly events in which you participated:

[1] Destroying my scientific reputation, teaching experience, career, and research work.

[2] Denying my right to earn money according to your rules and policies and my legal rights as a full professor and well-known scientist and engineer.

[3] Destroying my health, denying my salary, canceling my insurance, and demoting me from a full-time professor twice to a lecturer for two years.

[4] You changed my pension from tenured full professor to a lecturer and stole two years from my service.

You have made false and abusive statements about me in your email. I will focus on the phrase, "As we continue your paid suspension and subsequent consequences." Let me elaborate on its falsehood and illegality.

1) "We continue your paid suspension": You don't pay me; like me, you are an employee of SJSU. You are not the owner of this University. When you say "we," it suggests that I am working for you and waiting for your kindness to pay me. We both get paid by the University supported by the state of California. Wake up. SJSU is a public University.

2) "paid suspension": I get paid because I am a tenured full professor. I am among the foremost in my field and have the best citations in the entire College of Engineering in the CSU system. Do not consider the fake citations of some of the existing faculty.

3) "paid suspension and subsequent consequences': The consequences are based on false allegations and evaluations by people who are not experts in my field–ugly discrimination. I have mentioned this before, and I could elaborate with further details.

4) "subsequent consequences": These subsequent consequences caused catastrophic damages to my health, research work, publications, scientific reputation, and career.

5) "I would like to take this opportunity to introduce you to the new CFA Chapter President, Mr. Ray Buyco.": He can contact me directly. But of course, whatever I tell him must be top secret. According to the CFA bylaws, communication between me and anyone in the CFA must be top secret.

Here is my question to you and all the administration, faculty, students, and the CFA:

Will you pay me all the money I owe for teaching, travel, advising, research, publication, and employing students?

The SJSU owes me substantial back payments for the following:

1) Teaching large classes since 2002.

2) Travel on a yearly allowance to different countries such as Vietnam, Egypt, Finland, and Hong Kong, as well as travel within the USA.

3) Advising since 2002 for 13 theses and many graduate projects. Many students' projects are "Advisory Points."

4) Research: I published over 200 articles and columns, more than 13 theme issues, more than six books, etc. According to your policies, I should receive money for each publication. Unfortunately, I received nothing. The University rejected all my research support for proposed projects.

5) Hired and supported students and their publications.

6) Denying paying for conference registration fees and accommodation for all my students and me.

7) Promising funds by the previous Provost and Acting Dean and not getting the funds.

8) Do not forget the destruction of my career in the more than 23 years of demotion and suspension with no salary or no salary, isolation, elimination, retaliation, abuse, discrimination, racism, and making traps all the time.

All of the above instances are nasty crimes and are scenarios documented in 18 volumes of Collective Injustice.

Records exist for all the missing back payments and many corrupt parties with the Computer Engineering Department (CmpE), College of Engineering (CoE), and SJSU. The silence of the CmpE faculty is evidence of shame. I promise you and all the participants I will get all the money with damage and indicate who is involved in the scenarios. I will also show many methods of existing ugly corruption within the SJSU, California Faculty Association (CFA), and two CFA volumes on Collective Injustice.

I don't trust you or any other San Jose State University administrator. And yet, you want me to interact with this corrupted CFA. Please refer to my petition against the CFA.

I intend to publicly share evidence of misconduct against me by you and other individuals and organizations. Please remember I have been at this University for 23 years, including the two stolen years. I am working on videos, letters, and live broadcasts about you and all the people who participated with false allegations about my work, job, teaching, and research and who have been part of very abusive actions against me.

You are destroying everything I stood for and worked so hard for. My initial question:

Why do you presume to give yourself the right to treat me like a servant?

I refuse to submit to your judgment of me. The only Being whose judgment I accept is that of my Creator, the almighty God "Allah."

Esping-Andersen index measures the ability of the state to protect people from being part of "the market", and it is based on pension, sickness and unemployment protection.

Few countries have sufficient data for that and the economy of the global south is mostly informal sector.

Bearing that in mind, is there any attempt to reproduce that index for every country in the world?

All these concepts are well-defined and precisely described. Their societal and environmental implications are at the heart of humanity's concerns: poverty, natural resources, human development, aging populations, social security, pensions, migratory fluxes... Obviously, all these questions arise in completely opposite ways depending on whether we place ourselves on the side of developed countries or of developing countries, which is not without creating tensions at the interfaces. Sometimes these become unbearable to such an extent that they lead to real crises or presage of future redoubtable imbalances. The subsidiary question would be: how can we reconcile, balance, and cooperate to design and promote a reliable common future, for all people on the planet? Let's think together on this nagging issue at the same time fascinating.

Illustration: See Legend; Source: https://en.wikipedia.org/wiki/Demographic_transition

I know they give open and free reports, but its impossible to find them together in a dataset that would make sense. Not as statistics of countries assets in pension funds, but data on specific european pension funds. I tried to look on ecb.europa.eu and OECD, but data there does not make any sense

Thank you!

Urgent changes will be needed in the area of pensions and relevant legislation. Until now, the pension fund has been replenished mainly on the basis of contributions from employers, employees, various benefits and household benefits. Given the fact that we support more and more retirees over the age of 70 and fewer young workers, this system will not be able to exist in this form in the long run. Other resources (eg 5% contribution from Lotteries, sponsors willing to invest in the pension fund) would be required to replenish the pension fund/coffer, which would need to be aligned with future pension legislation.

I am planning to conduct a research on people who take early retirement as a result of golden handshake or separation schemes, when funds are available do people go for own business, invest them with savings/mutual funds or do something else. Kindly share some relevant research work and the underlying theories in action.

These are surely an amateur questions, but I am struggling with a simple cross-sectional analysis and I would like to do it correctly. Here is my case:

So I have quarterly return data for 150 pension funds for the period 2015 to 2020. Because I have too little observations for time-series, I want to start off with a simple cross-sectional analysis.

I first wonder what is the best way to basically plot the performance per fund over time in order to see the differences (excel or STATA available)?

After that I would like to figure out/explain those differences in performance among those funds. For now I have calculated like averages per quarter, over the whole period (relative performance, comparing peer group averages). I wonder if there are other easy to compute measures that I could apply with the data I have, as i.e. measures that use std dev. & betas (like Sharpe Ratio & Treynor Ratio) are not useful here (bc of little observations).

And how can I see/maybe explain differences with a simple cross-sectional regression (without taking yet into account characteristics like size etc)?

Any help is greatly appreciated!

How well is the performance of the pension industry in

the financial sector?

Any arrangement done by older people for fund their later life, to be able to financially independent or secure can be a area related to public affairs. If not so, broadly what are the various categories or areas where we can put it.

Thanking You.

The Government of Nepal promulgate the Contribution based social security program through the social security Act. The government have no contribution & no tax exemption for any benefit & returns from the SSF. Except some social insurance the beneficiaries will start to get return as pension only after age of 60. Total contribution will be 31% of basic salary , employee & employer will contribute 11% & 20% respectively per month. Participation on program is mandatory for all private organisation . Grievances , debates & discussions are ongoing , even the beneficiaries are not willing to participate as they have alternate funds like CIT , PF & other Insurance schemes .

Before implementing a pension reform some conditions and measures have to be taken mainly in political, social and administration era. For example, in political scope, different parties and unions have to yield a consensus to prevent likely protests after the reform. In the other hand, some measures have to be taken after the implementing the reform as well.

I need some articles that study the experience of other countries in taking (or even no taking) the above measures.

Any help is appreciated.

Regards.

I am working in small modular nuclear implementation in Europe, initially. We believe that this should be a social enterprise and your work may well enable the 3 legs of the sustainability to be brought to a common currency of economic (already undercut all other sources), social (harder to prove but acid test is municipal and private pension investment on a massive scale), environmental (high temperature gas dry cooled triso fuelled reactors are vastly superior environmentally to PWRs and are also distinctive in being inherently safe provable in real life as opposed to probabilistically safe which was needed only because the consequence of test proving safety is too severe for LWR physics). We envisage 50 MWe units distributed close to domestic and industrial sites with heat, hydrogen and power demands, so your mapping work wold form a strong basis for site selection. I have done similar work for renewables site selection in Scotland.

I need to collect data for 9 years of all types (Institutional ownership such as: Investment Advisors, Banks, Insurance companies, Pension Funds. etc) in one go from Bloomberg database.

Interest rates have plummeted in many western economies. Japan and Germany are, among others, countries, in which interest rates are particularly low, as seen by negative returns on government bonds. Both countries exhibit an advanced process of demographic aging.

Some people argue that low interest rates reflect the efforts of the pre-retirement cohorts to save for pension schemes. The large supply of money and the demand for investments drives house, bond and share prices and weighs on the interest level.

Once the numerous cohorts ("the baby boomers") reach retirement, they start to de-invest on a large scale, thus initiating a price decay of houses, shares and bonds ("asset melt down"). Interest rates were then to recover.

My question is: Do you think that such a scenario is likely? Are we living in a asset price bubble driven by the excess money of cohorts in the pre-retirement age? Or which alternative approach can account for the present low interest rates?

In DB plans of social security, there is a straight connection between wage and pension benefits. does the minimum wage raise the cost or does make more income for social security?

Hello

Does anyone know if there's a data source out there that contains information on how retirement age has changed in EU over past 20 - 25 years ?

Firing one person, you’re firing an entire research group ? Senior Professorship is the answer for mandatory retirement.

In the latest issue of the scientist (Mar 1, 2019), Katarina Zimmer, a freelance science writer living in New York City is discussing the issue, if mandatory retirement is the answer-to an-aging workforce. This question is specific to the US, because across Europe there are already mandatory retirements in place and many young junior professorships programs. In fact already discussion should rather go in the opposite direction. Katarina Zimmer is citing Professor Hagan Bayley from the UK Oxford University, who has pointed that mandatory retirement is “dismissing experienced researchers at the height of their careers isn’t just unfair—it would do more harm than good for science. “ and “it’s also not good for young people,” as lab members will have to find alternative posts after their PI leaves. “You’re not firing one person, you’re firing an entire research group.” I agree with his point. However there are also other solution. In some countries like Germany, already programs are developed to keep qualified senior faculty in the workforce and allow younger colleagues to get this positions. THE SOLUTION is SENIOR PROFESSORSHIP. He/she is retired and within the Senior Professorship is allowed to continue research projects and/or teaching (you can chose for both or one option). The payment is only the difference between the pension (which is much lower) and the “normal salary”. It also allows the Universities to save money for additional (mostly missing) money for additional faculty. On the other hand it may allow experienced scientists like Professor Barley to continue his projects.

Usually Social Accounting Matrix is used in research projects that analyze income distribution from multi-sectorial data but I'm not sure about the relevance of this tool in a project that is focus in just one sector: the pensional system.

I am a student who is taking courses in the Bachelor of Education program in Ontario, Canada.

I have been hearing that Ph.D. really has no relation to teaching itself because there are usually two kinds of people: people who has obtained Ph.D. still not great at teaching vs people who do not have Ph.D. but exvels in teaching.

OK, that is fine.

Aside from this, I have also been reviewing the political status of positions in the field of Education.

From the teachers to the Vice-Principal and to the Principal. My research on learning about this continued to the Ministry of Education.

....so here is my question:

If I obtain Ph.D. in the field of Education and apply to get a teaching job, am I capable of securing a higher position compared to other colleague teachers who were accepted without the Ph.D.?

How do you get to work in the Ministry of Education instead of actually end-up teaching in the public schools?

If you end up working in the Ministry, do you not get the retirement benefits that the teachers get from the public schools?

A cowriter of my publication is pensioned.

As social security contribution is considered as a cost in a PAYG system, both for employee and employer, some individuals try to evade by underreport their wages.

By measurement of this evasion can evaluate the lost income of a social security fund by contribution evasion.

Have you read any paper studying the topic?

Every help is appreciated.

Thanks.

Public debt has continued to grow in 2017 until breaking historical records in most Western economies. This problem will force governments to consider the need to review the revenue and public expenditure models, especially if we take into account the added problem of the sustainability of the pension model in countries whose population pyramids are inverse. Based on these premises, and considering the influence of financial markets and central banks, how should public finances evolve to achieve sustainability? Increase in tax burden, reduction of social expenditures or search for efficiency?

Dear researcher,

We are looking for the list of the NRPS pilot counties authorized by China’s central and provincial governments. We are researching household expenditures and pension provisions in China.Could you help?

It would be extremely helpful as somebody could have a suggestion where to find this list.

Thanks a million!

In other words, which aspects are relevant to address the difference between men and women in parametric changes in the pension system?

There are many state pay-as-You pensions systems in the world, as  well as private accumulative pensions funds. But can You mention the countries, where intermediary - state accumulative investitions funds function?

I am working on the study that Pension Funds invest in PPP projects,but I can't find some cases about Canada and Australia. 

As the question reads, I would like data on individual investors (households) direct ownership (not through mutual funds, pension funds etc.) across European countries. From this article (see link, section 3) I deduce that such data is available from Eurostat or the European Central Bank, but I have not been able to locate the variables. Any help would be greatly appreciated. 

The US Social Security system makes a 75 year projection period each year.  Some national schemes use shorter periods, and a few use longer ones.  Lately some US observers have started to question the 75 year period as possibly being too long -- making projections for those who have not yet been born -- and therefore speculative. My interest is, what is the optimal period, and why? Perspectives will be much appreciated.  

Thanks in advandce.

I am interested in seeing if anyone has applied the Mahalanobis Distance measurement to public pension funds and public-private partnerships. Please contact me and thank you in advance for your time and thoughtfulness. I am interested in collaborative research for academic publication. Cheers, Daniel G Bauer, Florida Atlantic University

Has anyone come across an established procedure to select "retirees" from survey data? From a literature review I've learned that the definitions used differ considerably from each other, e.g.: 

- shift from receiving wages or benefits to drawing pensions PLUS not having reentered the labor force afterwards (e.g. Pinquart & Schindler, 2007)

- report of working less than 35 hours a week in primary job

PLUS agreed to being “retired” (e.g. Reitzes & Mutran, 2006)

- claim to have retired PLUS not having returned to full-time employment (e.g. Fitzpatrick et al. 2005)

However, I have not come across a justification for these definitions. What is your experience?

Payroll is the largest cost line for most organisations. On top of the baseline wages cost there are often on-costs such as payroll taxes, workers compensation accident insurance, social health insurance, pension and other employee benefits. For every $1.00 spent on payroll, the organisation can easily incur an additional 10 cents to 20 cents in on-costs.

Yet payroll rarely appears in business school curricula, and organisations seem (experientially speaking) to attract low qualified and poorly motivated staff, often transferred in from other departments.

How many academics, CPAs or MBAs choose to specialise in payroll?

How many of those actually in the payroll department deliberately chose it as a career?

Has anybody else observed this phenomenon in how payroll is (a) taught and/or (b) managed?

Has this been covered in the literature?

Social security is based on intergenerational transfers (from active workers to pensioners) and in this way, it replaces the support given from children to parents (upward transfers) within the family.  What were the main features of the family structure, dependency rates, fertility, life expectancy for men and women and other characteristics when Germany implemented its social security programs led by Bismarck?

I'm working on self-employed professionals and social security in Germany. I'm interested in how self-employed entrepreneurs make a living and how they think about social security (unemployment insurance, pension insurance, health insurance). Do you know any literature or research on self-employed professionals and social security in Europe (especially qualitative, ethnographic or biographical research)? Thanks in advance!

State social insurance and private pensions funds are widely known in many countries. Why do the state accumulative pensions funds still lack popularity and can they serve as an alternative?

I need examples of experiments using pension designs or other variables

For example, the United States, Europe or Latin America. Data may come from public old-age insurance, company annuity can also be.

Do you have any suggestions of literature where you can find conditional life expectancy of different social groups depending on person/family's income, education, way of life?

The impact of financial crisis of 2007 on pension funds