Retirement pensions and complexity
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Retirement pensions and complexity
Unexpected results of intergenerational Cooperation
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Intergenerational War for Equity | 2052

Intergenerational War for Equity | 2052 | Retirement pensions and complexity | Scoop.it
Intergenerational War for Equity ... In developed countries they also inherit the responsibility of caring for an increasing number of retired people who plan to receive pensions and health care for the next thirty to forty years.

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Festival of Economics 2013: Intergenerational Economics and the 'Jilted Generation'

Some say the baby boomers have bankrupted the youth of Britain. That ever-spiralling house prices put home ownership only in the hands of the well-off with a...
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What Isn't Complexity?

The question What is Complexity? has occupied a great deal of time and paper over the last 20 or so years. There are a myriad different perspectives and definitions but still no consensus. In this paper I take a phenomenological approach, identifying several factors that discriminate well between systems that would be consensually agreed to be simple versus others that would be consensually agreed to be complex - biological systems and human languages. I argue that a crucial component is that of structural building block hierarchies that, in the case of complex systems, correspond also to a functional hierarchy. I argue that complexity is an emergent property of this structural/functional hierarchy, induced by a property - fitness in the case of biological systems and meaning in the case of languages - that links the elements of this hierarchy across multiple scales. Additionally, I argue that non-complex systems "are" while complex systems "do" so that the latter, in distinction to physical systems, must be described not only in a space of states but also in a space of update rules (strategies) which we do not know how to specify. Further, the existence of structural/functional building block hierarchies allows for the functional specialisation of structural modules as amply observed in nature. Finally, we argue that there is at least one measuring apparatus capable of measuring complexity as characterised in the paper - the human brain itself.

 

What Isn't Complexity?
Christopher R. Stephens

http://arxiv.org/abs/1502.03199


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Pensions minister Steve Webb: 'Scrap penalties to ditch dismal pension funds' - Telegraph.co.uk

Pensions minister Steve Webb: 'Scrap penalties to ditch dismal pension funds' - Telegraph.co.uk | Retirement pensions and complexity | Scoop.it
Telegraph.co.ukPensions minister Steve Webb: 'Scrap penalties to ditch dismal pension funds'Telegraph.co.ukPension providers argue that fund charges have come down in recent years, but billions of pounds are still languishing in old-styled pension...
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The Pensions Gap - Are you saving enough? | Visual.ly

The Pensions Gap - Are you saving enough? | Visual.ly | Retirement pensions and complexity | Scoop.it
To get a decent income in retirement you'll need to consistently save 12% of your income from the age of 30 onwards. Are you saving enough?
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ONS data reveals widen gap between public and private pensions

ONS data reveals widen gap between public and private pensions | Retirement pensions and complexity | Scoop.it
Data released from the ONS this week shows the widening gap between pension provision in the public and private sector. Whilst defined benefit (final salary) pensions schemes that are that are linked to earnings are ...
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Pensions in private sector at crisis levels | Calculator.co.uk

Pensions in private sector at crisis levels | Calculator.co.uk | Retirement pensions and complexity | Scoop.it
The latest figures in regards to public and private sector pension plans have just been released by the ONS and there is a huge drop in private sector pensions.
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Demography and Retirement: The Twenty-First Century: Ann Rappaport, Sylvester J. Schieber: Amazon.com: Kindle Store

Demography and Retirement: The Twenty-First Century: Ann Rappaport, Sylvester J. Schieber: Amazon.com: Kindle Store | Retirement pensions and complexity | Scoop.it
Demography and Retirement: The Twenty-First Century: Ann Rappaport, Sylvester J.
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Daniel Borenstein: Public-pension fund assumptions put future generations at ... - San Jose Mercury News

Daniel Borenstein: Public-pension fund assumptions put future generations at ...San Jose Mercury NewsBy Daniel Borenstein The recent debate at the California Public Employees' Retirement System over expected future investment earnings missed the...
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State-Run Pension Plans? - New York Times

State-Run Pension Plans? - New York Times | Retirement pensions and complexity | Scoop.it
State-Run Pension Plans?New York TimesTo the Editor: Suggestions that the states could easily and inexpensively address the problem of workers' ill-preparedness for retirement just aren't true (“Don't Cut Pensions, Expand Them,” by Teresa...
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People behave socially and 'well' even without rules: study

People behave socially and 'well' even without rules: study | Retirement pensions and complexity | Scoop.it
Fundamentally people behave in a social and rather compassionate and 'good' way rather than aggressively, even without specified rules.
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Lessons in intergenerational fairness

Gerard Riemen talks to Laura MacPhee about how the Dutch model evens out pension outcomes for savers of all ages.
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The Critical Few

The Critical Few | Retirement pensions and complexity | Scoop.it

To maintain stability yet retain the flexibility to adapt to changing circumstances, social systems must strike a balance between the maintenance of a shared reality and the survival of minority opinion. A computational model is presented that investigates the interplay of two basic, oppositional social processes—conformity and anticonformity—in promoting the emergence of this balance. Computer simulations employing a cellular automata platform tested hypotheses concerning the survival of minority opinion and the maintenance of system stability for different proportions of anticonformity. Results revealed that a relatively small proportion of anticonformists facilitated the survival of a minority opinion held by a larger number of conformists who would otherwise succumb to pressures for social consensus. Beyond a critical threshold, however, increased proportions of anticonformists undermined social stability. Understanding the adaptive benefits of balanced oppositional forces has implications for optimal functioning in psychological and social processes in general.

 

The Critical Few: Anticonformists at the Crossroads of Minority Opinion Survival and Collapse
by Matthew Jarman, Andrzej Nowak, Wojciech Borkowski, David Serfass, Alexander Wong and Robin Vallacher
http://jasss.soc.surrey.ac.uk/18/1/6.html


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Have We Evolved to Be Nasty or Nice?

It is futile to ask whether people are naturally cooperative or selfish. They can be either, depending on the circumstances. Dr. Helbing cites "tragedies of the commons" where open access to a common-pool resource such as a fishery tends to result in overfishing that harms everybody—a sort of extended real-world version of the prisoner's dilemma.


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Public Sector Pensions Underfunded by $4.6 ... - Judy Morris Report

Public Sector Pensions Underfunded by $4.6 ... - Judy Morris Report | Retirement pensions and complexity | Scoop.it
The accounting rules followed by U.S. public sector pensions are more forgiving than those required for private sector pensions or public sector plans in other countries. So-called "fair market valuation" more fully reveals the ...
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Pensions Are Becoming Tomorrow's Financial Crisis - DailyFinance

Pensions Are Becoming Tomorrow's Financial Crisis - DailyFinance | Retirement pensions and complexity | Scoop.it
Pensions Are Becoming Tomorrow's Financial CrisisDailyFinanceThese days, workers in line to get a pension from their employer when they retire may consider themselves lucky.
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More Bad News for Public Pensions - Wall Street Journal (blog)

More Bad News for Public Pensions - Wall Street Journal (blog) | Retirement pensions and complexity | Scoop.it
USA TODAYMore Bad News for Public PensionsWall Street Journal (blog)By Neal Lipschutz. Three recently released data points bring new worry to a long-standing if not always front-of-mind U.S. economic problem, underfunded public pensions.
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SourceForge.net: PyCX Project: PyCX 0.2 now available

SourceForge.net: PyCX Project: PyCX 0.2 now available | Retirement pensions and complexity | Scoop.it
The PyCX Project aims to develop an online repository of simple, crude, yet easy-to-understand Python sample codes for dynamic complex systems simulations, including iterative maps, cellular automata, dynamical networks and agent-based models.
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Capita Hartshead to merge with Bluefin Corporate Consulting | News | Pensions Insight

Capita Hartshead to merge with Bluefin Corporate Consulting | News | Pensions Insight | Retirement pensions and complexity | Scoop.it
Professional Pensions: Bluefin Corporate Consulting is merging with Capita Hartshead after being sold by its parent company AXA to Capita for £50m.
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Is granny's retirement really so taxing? - Financial Times

Is granny's retirement really so taxing? - Financial Times | Retirement pensions and complexity | Scoop.it
ifaonline.co.ukIs granny's retirement really so taxing?Financial TimesBy Matthew Vincent When is a tax not a tax? Answer: when it's “the granny tax”.
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Public spending on pensions as % of GDP: Brazil's “generosity” is ...

Public spending on pensions as % of GDP: Brazil's “generosity” is ... | Retirement pensions and complexity | Scoop.it
Sometime ago we have discussed about the generous public pensions in Brazil, stating what everyone already knows: “Generous pension benefits have long been a magnet attracting workers to Brazil's public payrolls, and a ...
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Enough! Pensioners say no to granny tax: Petition to force Commons debate on Osborne's Budget raid

Enough! Pensioners say no to granny tax: Petition to force Commons debate on Osborne's Budget raid | Retirement pensions and complexity | Scoop.it
Opposition to George Osborne's stealth tax raid on millions of pensioners - the so-called 'granny tax' - has been gathering momentum – despite efforts to distract attention from the measure. (Enough!
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