productivity growth. While these reforms are needed, private pensions can also play a role inimproving retirement income for … savings for retirement. This note also addresses the challenges of the private, funded system and proposes policy … recommendations for increasing coverage, improving efficiency, and delivering sustainable retirement income in the payout phase. This …

increasing the mandatory retirement age is discussed. We also calculate rates of return on the participation in the Belgian …

, to raise output and employment significantly while reducing the price level. Additional pension reforms could further … increase employment, boost economic growth, and improve public finances, as could improved expenditure efficiency, thereby …

rising employment and increasing reports of labor shortages and wage drift indicate intensifying pressures. …

the fiscal consequences of aging will require increasing the retirement age to 65 years, followed by further increases to …

address future pension spending pressures in the advanced and emerging economies. These reforms-mainly increasing retirement …