Tag: solvency
Long-run deficit changes little and trust-fund depletion date moves forward one year. After months of speculation by commentators, Social Security actuaries have released an updated assessment of the program’s finances to reflect the impact of the pandemic and ensuing recession. These new numbers will replace the intermediate projections in the 2020 Trustees Report as t…
The brief’s key findings are: The financial crisis stressed the Dutch pension system, as assets dropped below the required 105 percent of liabilities. Automatic indexation adjustments, introduced in recent years, may not be sufficient to restore solvency. Policymakers now have to consider more substantial measures, which affect retirees and workers differently. This process highlights t…