“Medicare: Implementation of Financial Incentive Programs under Federal Fraud and Abuse Laws,” (GAO-12-355, March 2012, .pdf format, 50p.).
April 30, 2012
CAAR – US Census Bureau – April 30, 2012
“2010 State & Local Public-Employee Retirement Systems Data,” (April 2012, .pdf, ASCII text, and Excel format).
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CAAR – National Bureau of Economic Research Working Paper – April 30, 2012
“Riester Pensions in Germany: Design, Dynamics, Targetting Success and Crowding-In,” by Axel H. Boersch-Supan, Michela Coppola, and Anette Reil-Held (w18014, April 2012, .pdf format, 30p.).
Abstract:
Riester pensions are voluntary, but heavily subsidized private pension schemes in Germany. They were designed as a matching defined contribution scheme to fill the emerging ‘pension gap’ that is being generated by the gradually declining generosity of the public pay-as-you-go pensions in response to population aging. This paper investigates how the uptake of the recently introduced ‘Riester pensions’ depends on the state-provided saving incentives and how well the targeting to families and low-income households has worked in practice. It documents the costs of the scheme, and collects circumstantial evidence on displacement effects between saving for old-age provision and other purposes.
After a slow start and several design changes, Riester pension plans took off very quickly. While saving incentives were effective in reaching parents, they were somewhat less successful in attracting low-income earners, although Riester pensions exhibit a more equal pattern by income than occupational pensions and unsubsidized private pension plans. Riester pension savings totaled Euro 9.4bn in 2010 with an associated cost of Euro 3.5bn. One average one Euro of subsidies is thus associated with 2 Euros of households’ own Riester saving.
There is no evidence that Riester pensions have crowded out other saving. While households who plan to purchase housing and who attach high importance to a bequest motive are less likely to have a Riester pension, several regression results show that occupational pensions and other forms of private pensions act as complements rather than as substitutes. Aggregate national saving has increased since the introduction of Riester pensions.
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CAAR – Urban Institute Report – April 30, 2012
“Potential Savings Through Prevention of Avoidable Chronic Illness Among CalPERS State Active Members,” by Timothy Waidmann, Barbara A. Ormond, and Brenda Spillman (April 2012, .pdf format, 10p.).
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CAAR – UK Parliamentary Library Standard Note – April 30, 2012
“Retirement Age,” by Jacky Parker (SN00961, April 2012, .pdf format, 20p.).
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CAAR – US Centers for Medicare and Medicaid Services Decision Memorandum – April 30, 2012
“Extracorporeal Photopheresis (ECP),” (CAG-00324R2, April 2012).
www.cms.gov/medicare-coverage-database/details/nca-decision-memo.aspx?NCAId=255
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CAAR – New Policy Institute [UK] Report – April 30, 2012
“Meeting the Housing Demands of an Ageing Population,” by Jenny Pannell, Hannah Aldridge, and Peter Kenway (April 2012, .pdf format, 90p.).
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CAAR – US National Institutes of Health Press Release – April 30, 2012
“Avastin and Lucentis are equivalent in treating age-related macular degeneration,” (April 30, 2012).
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CAAR – American Journal of Epidemiology Article Abstract – April 30, 2012
“Interactions Between Genome-wide Significant Genetic Variants and Circulating Concentrations of Insulin-like Growth Factor 1, Sex Hormones, and Binding Proteins in Relation to Prostate Cancer Risk in the National Cancer Institute Breast and Prostate Cancer Cohort Consortium,” by Konstantinos K. Tsilidis, Ruth C. Travis, Paul N. Appleby, Naomi E. Allen, Sara Lindstrom, Fredrick R. Schumacher, David Cox, Ann W. Hsing, Jing Ma, Gianluca Severi, Demetrius Albanes, Jarmo Virtamo, Heiner Boeing, H. Bas Bueno-de-Mesquita, Mattias Johansson, J. Ramón Quirós, Elio Riboli, Afshan Siddiq, Anne Tjønneland, Dimitrios Trichopoulos, Rosario Tumino, J. Michael Gaziano, Edward Giovannucci, David J. Hunter, Peter Kraft, Meir J. Stampfer, Graham G. Giles, Gerald L. Andriole, Sonja I. Berndt, Stephen J. Chanock, Richard B. Hayes, and Timothy J. Key (Vol. 175, No. 9, May 1, 2012, p. 926-935).
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