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Pensions and welfare index

Topics: General: Pensions and welfare index

Joseph K

Saturday, April 13, 2019 - 02:00 am Click here to edit this post
Hi All,

Does anyone know if more pensioners (as a result of better healthcare) and therefore a lower pension payout per pensioner has any effect upon the welfare index?

Cheers
J

Joseph K

Saturday, April 13, 2019 - 04:18 am Click here to edit this post
I'll change that question as the welfare index it seems only relates to workers. Does the amount of retired people have any influence on any of a country's indexes?

ferdhelke

Saturday, April 13, 2019 - 11:34 am Click here to edit this post
I don't think it's the number, but the social security percentage you pay the retirees that helps the welfare index.....iirc

Joseph K

Sunday, April 14, 2019 - 01:51 am Click here to edit this post
Thanks ferdhelke,

so an increase in the healthcare care index leads to more retired still alive, which increases social security costs, which I guess is offset slighty by having more workers alive (providing they are employed).

Cheers

Anthonyzappulla

Sunday, April 14, 2019 - 03:48 am Click here to edit this post
Amazing what modern technology can do!! Life expectancy 130 years

ferdhelke

Sunday, April 14, 2019 - 11:46 am Click here to edit this post
@JosephK

Your health index affects it somewhat too. Finding a balance of hospitals needed compared to what you currently have in hospitals is important. The better your hospital index is, the more births you have, but too many hospitals can result in a somewhat higher retiree population later on. I find that if the number of unemployed plus the number of retirees is around 8% of your total population, you should be ok. Note that this is based upon a free membership account. This might be a bit different if you have a premium account with a higher population.

Anthonyzappulla

Sunday, April 14, 2019 - 03:36 pm Click here to edit this post
Thanks!!

Joseph K

Monday, April 15, 2019 - 02:16 am Click here to edit this post
@ferdhelke

I do have a premium account. Just trying to maximise my welfare index as much as possible without raising salaries, so i have been playing around with healthcare levels to see if it makes any improvement, thou it doesn't seem to at my current levels.

Cheers
Joe

ferdhelke

Monday, April 15, 2019 - 11:27 am Click here to edit this post
There are more factors than health care which affect the welfare index. From what I've read from other players and the admin, it gets more difficult the higher your population goes and the more countries you have in your empire. You might want to do some searching in the forums to find tips from other premium members on how they've grown their welfare index.

Joseph K

Tuesday, April 16, 2019 - 01:26 am Click here to edit this post
I did, and Orbiter covers it pretty well at the post under General: Employment and The Welfare index.

Daniel Iceling

Wednesday, April 17, 2019 - 10:27 am Click here to edit this post
The documentation provides a detailed section, providing information on how Welfare index is determined...


"1. The Welfare Index [ top ]
The welfare index is one of the most influential indexes in Simcountry.
The welfare index has a major influence on the corporate welfare index. The corporate welfare index is directly responsible for the productivity in corporations.

The welfare index in each country is composed of several other indexes and is used in many game functions as an indicator of the general situation in the country.

The happier the population in the country is, and the better the economy is doing, the higher is the welfare index.
The index can fluctuate between 90 (and in some cases even lower), and 140.

The Welfare Index is taking the lowest value of several other indexes:

The Health Index
The Education Index
The Transportation Index
The Supply Index + 41
The Employment Index + 37
The Social Security Index + 38
The Government Salary Index + 27
The Consumption Index contributes between 0 and 8 point to the welfare index. It needs to be at a level of about 300, to reach the max effect.
The game level will increase the welfare index by 1 point, for each game level higher than 10.

Population transfers out of the country, cause the welfare index to be multiplied by a factor of 0.99 to 0.5 which is destructive. Read more about this factor in this document.

The new value of the welfare index depends on the previous value of the index, combined with the new value as computed several times each day.

Very low social security index and supply index can cause a very severe damage to the country. Make sure the social security index reaches at least 80 and make sure your country is supplied with all the products it needs and does not have shortages.

The welfare index is used in the computation of the corporate welfare index in each corporation in the country, which is essential in the productivity of the corporation. If the corporate welfare index is at a level of 120, the corporation will increase its production to a level of 120% of the base production level which is an increase of 20% without any increase in the number of workers.

Such production levels will have a decisive influence on the profitability of the corporation."

Joseph K

Wednesday, April 17, 2019 - 11:16 pm Click here to edit this post
Thanks Daniel.


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