Population aging in Korea is projected to be the most rapid among Organisation for Economic Co-operation and Development (OECD) countries between 2000 and 2050. However, social spending in Korea remains low, reflecting Korea's relatively young population, limited health and long-term care insurance coverage, and immaturity of its pension system.…

Japan has the highest proportion of older adults in the world. Aging is not only an immediate personal issue but also a salient factor in crucial public policies, such as pensions, health, and long-term care. The Great East Japan Earthquake, tsunami, and nuclear power plant disaster of March 2011 has highlighted current and emerging issues of a…

The State of Israel provides significant opportunities to study social processes that can enhance our understanding of the aging experience. It has high life expectancy and rapid growth of its older population. With an older cohort that is composed largely of former immigrants and includes a minority Arab population, Israel provides much diversity…

Purpose: This study examines sex differences among Baby Boom workers in the likelihood of coverage by an employer-provided retirement plan. Design and Methods: This study used a sample of Baby Boom workers drawn from the 2009 Current Population Survey. Independent variables were selected to replicate as closely as possible those in two 1995…

Purpose: As part of an ongoing effort to analyze the distributional implications of potential policy reforms to the U.S. Social Security system, we consider the widely discussed reform of earnings sharing. Such an approach has been viewed as a way to "update" Social Security's family benefits based on marital status and as a means to…

Discusses loss in pension benefits for workers who change jobs frequently due to vesting rules, portability requirements, and availability of lump-sum cash distributions. Examines importance of these issues using a hypothetical worker and a model. Also examines effects of changes in public policies. (Author/ABL)

Current policies concerning income in old age are framed in terms of important Social Security and private pension developments. Criticisms of the "new Social Security" are viewed in the context of major problems associated with the options, especially private pensions. (Author)

Examined extent and patterns of financial planning among a range of professionals. Found that respondents (N=457) placed their primary emphasis on pensions (including Social Security) and continued work-related income, although four types of pre-retirement financial planning were identified. The most consistent predictor of the extent of planning…

Examines responsiveness of the nominal income of older persons to price changes and compares changes in their real income to trends in real income of other groups. Data from the Retirement History Study show the elderlys' income sources were not fixed in nominal terms, but increased as prices rose. (NRB)

Examines post-retirement benefit increases in 76 large state pension plans and the impact of such increases on the purchasing power and adequacy of pension benefits. Although nearly all plans increased benefits for retirees, increases were much less than needed to maintain the purchasing power of pension benefits. (Author/JAC)

Purpose: We examine the methodological and economic policy implications of three operationalizations of retirement migration. Design and Methods: We compared the traditional age-based definition of retirement migration and two retirement-based definitions, based on degree of labor-force participation and retirement income, by using the 2000 U.S.…

Implementation of unisex pension plan allowing employers to comply with Supreme Court rulings would result in a fall in single men's pension wealth, a rise in single women's pension wealth, and change in returns to pension contributions. Offers analysis of how change to unisex plan would affect pension wealth and retirement decisions for single…

Most persons seem to respond to economic incentives in choosing when to retire. While changes in the social security system are likely to have only small effects on retirement behavior, larger impacts could ensue from altering incentives implicit in private pension plans. Important area for future research is transition process that follows end of…

Used data from a national sample of over 800 middle-aged married women to examine influences on retirement plans. Although the majority did not plan to retire at the same time as their husbands, having a retired husband as well as women's own retirement benefits were strong influences. (JAC)

Supports seniority as a just principle for governing personnel decisions, under fair hiring and valid competence assessment. Argues that seniority reduces likelihood that senior citizens will be second-class citizens in workplace, that seniority rights protect older workers against age discrimination, and that seniority rights protect and increase…