States are struggling to cover pension costs for public school teachers. A education policy expert weighs in on potential solutions.
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Articles on Pension
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There is no substance to the view that poor people are lazy and prefer to live on handouts from the state rather than seek work.
Two-thirds of those surveyed want it linked to wages.
Pensions are indexed twice a year. But COVID-19 has put a spanner in the works of what should be a regular increase next month.
For people who worked manual jobs (such as electricians or carers), this number was even lower.
Many of the public employee pension plans run by states don’t have enough money in them to make upcoming pension payments to retired state workers. The pandemic could make that problem much worse.
Economic distress was the norm for many before the coronavirus outbreak. The pandemic is an opportunity to provide an economically secure future for all.
It’s a good idea to deem income, but of late we’ve doing it badly.
Americans are increasingly struggling to save enough for retirement. If Social Security isn’t saved, growing old in poverty will likely become more common.
Until now most people have eventually owned a home. But two trends – falling ownership and a growing aged population – will put the budgets of retirees and government under real pressure.
The controversial plan to raise the age of the pension to 70 has been scrapped, with eligibility rising to 67 in 2023, where it will stay.
A recent study suggests that divesting in fossil fuels not only allows investors to address their climate change concerns, it also reduces financial risks and increases financial returns.
Sears Canada’s bankruptcy should alert employees and regulators alike to rethink defined-benefit pensions.
Labor’s Jenny Macklin said that under a Coalition proposal, Australia would have the highest pension age in the developed world. Is that right?
Closer examination of criminal charges brought against South Africa’s finance minister, Pravin Gordhan, suggest that they are weak in law and serve a political agenda.
Senator Jacqui Lambie told Q&A that a third of Australian age pensioners are living below the poverty line and that it’s estimated to rise to two-thirds within five years. Is that right?
Still youthful? Watch out …
Top contributors
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Senior Lecturer in Economics and Personal Finance, The Open University
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Senior Research Fellow, ARC Centre of Excellence in Population Ageing Research (CEPAR), UNSW Sydney
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Peter Whiteford is a Friend of The Conversation.
Professor, Crawford School of Public Policy, Australian National University
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Emeritus Professor of Housing and Housing Studies, RMIT University
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Research Fellow, Institute of Development Studies
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Deputy Director, Institute for Fiscal Studies
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Research Fellow, RMIT University
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AXA Professor of Epidemiology of Ageing, Newcastle University
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Senior Lecturer in Financial Services, Glasgow Caledonian University
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Associate Professor in Public Law, University of Cape Town
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Associate Professor, Operations Research, Brock University
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Lecturer (Assistant Professor), King's College London
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Professor of Sustainable Finance and Banking, University of Waterloo
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Professor of Public Policy, University of Virginia
