society. We find that lowering the pension replacement rate and increasing the retirement age can have strong labor market …

partly by the relatively low share of the funded component of the retirement premium. It is shown that considerable cost … strategy for retirement purposes. Several possible candidates for benchmarks are proposed. …

indicate that if definite changes in retirement rates are not forthcoming, the pressure for tax tightening in the near future …

We examine the role of changing mortality in explaining the rise of retirement over the course of the 20th century. We … of death. In an environment in which mortality is high, an individual who saved up for retirement would face a high risk …. As mortality falls, however, it becomes optimal to plan, and save for, retirement. We simulate our model using actual …