Monday, April 02, 2007
[IWS] OECD: THE PENSIONS CHALLENGE--FINANCING RETIREMENT (Ask the Economists)
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
OECD
Ask the economists: The pensions challenge - financing retirement [29 March to 5 April]
http://www.oecd.org/document/0/0,2340,en_2649_201185_38324736_1_1_1_1,00.html
People are living longer. That's good news. But at the same time fertility rates are falling and the share of the population aged 65 and over is forecast to nearly double between 2000 and 2050 in OECD countries. This means that there will be fewer people working and, via their taxes and contributions, paying the pensions of ever more retired people.
What can governments do? Virtually every OECD country has made reforms to their public pension system over the past few years, from raising the retirement age and linking benefit levels to changes in life expectancy to encouraging people to pay into private schemes to supplement their state pension.
But have the risks and impact which ageing and living longer pose to pension systems been fully understood? What role can private pensions play in providing retirement income to individuals across the OECD region? Do individuals understand the need to save for their retirement and how best to do that?
A live online question and answer session will take place between 14.00 and 16.00 Paris time (12.00 to 14.00 GMT) on Thursday 5 April. OECD economists Monika Queisser, Ed Whitehouse, Fiona Stewart and Pablo Antonin will be there to answer questions.
You can send questions or comments on this issue in English or French in advance, or during the debate, to <mailto:ask@oecd.org >ask@oecd.org. We will post a selection of questions together with answers in English. You can also email your comments on those answers and we will post these too.
BACKGROUND READING
Pensions at a glance
< http://www.oecd.org/document/33/0,2340,en_2649_201185_34824801_1_1_1_1,00.html >
Pensions Panorama - Retirement Income systems in 53 countries
< http://www.oecdbookshop.org/oecd/display.asp?lang=EN&sf1=identifiers&st1=9264032118 >
Solving the pensions puzzle (policy brief)
< http://www.oecd.org/dataoecd/53/19/34587956.pdf>
Pension challenges and pension reforms in OECD countries
< http://oxrep.oxfordjournals.org/cgi/reprint/22/1/78>
Global Pension Statistics
< http://www.oecd.org/document/46/0,2340,en_2649_201185_36091822_1_1_1_1,00.html >
Pensions working papers
< http://miranda.sourceoecd.org/vl=16407198/cl=26/nw=1/rpsv/workingpapers/19936397.htm >
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
OECD
Ask the economists: The pensions challenge - financing retirement [29 March to 5 April]
http://www.oecd.org/document/0/0,2340,en_2649_201185_38324736_1_1_1_1,00.html
People are living longer. That's good news. But at the same time fertility rates are falling and the share of the population aged 65 and over is forecast to nearly double between 2000 and 2050 in OECD countries. This means that there will be fewer people working and, via their taxes and contributions, paying the pensions of ever more retired people.
What can governments do? Virtually every OECD country has made reforms to their public pension system over the past few years, from raising the retirement age and linking benefit levels to changes in life expectancy to encouraging people to pay into private schemes to supplement their state pension.
But have the risks and impact which ageing and living longer pose to pension systems been fully understood? What role can private pensions play in providing retirement income to individuals across the OECD region? Do individuals understand the need to save for their retirement and how best to do that?
A live online question and answer session will take place between 14.00 and 16.00 Paris time (12.00 to 14.00 GMT) on Thursday 5 April. OECD economists Monika Queisser, Ed Whitehouse, Fiona Stewart and Pablo Antonin will be there to answer questions.
You can send questions or comments on this issue in English or French in advance, or during the debate, to <mailto:ask@oecd.org >ask@oecd.org. We will post a selection of questions together with answers in English. You can also email your comments on those answers and we will post these too.
BACKGROUND READING
Pensions at a glance
< http://www.oecd.org/document/33/0,2340,en_2649_201185_34824801_1_1_1_1,00.html >
Pensions Panorama - Retirement Income systems in 53 countries
< http://www.oecdbookshop.org/oecd/display.asp?lang=EN&sf1=identifiers&st1=9264032118 >
Solving the pensions puzzle (policy brief)
< http://www.oecd.org/dataoecd/53/19/34587956.pdf>
Pension challenges and pension reforms in OECD countries
< http://oxrep.oxfordjournals.org/cgi/reprint/22/1/78>
Global Pension Statistics
< http://www.oecd.org/document/46/0,2340,en_2649_201185_36091822_1_1_1_1,00.html >
Pensions working papers
< http://miranda.sourceoecd.org/vl=16407198/cl=26/nw=1/rpsv/workingpapers/19936397.htm >
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 6:26 AM
