only for the resulting pension composition but also for macro-economic variables such as the wage rate, the interest rate …Pensions may be provided for in a modern society by a mix of several methods, namely by voluntary individual savings …, mandatory fully-funded occupational pension systems, mandatory social security financed by pay-as-you-go, and old …

This paper studies empirically the consequences of retirement on health. We make use of a targeted retirement offer to … army employees 55 years of age or older. Before the offer was implemented in the Swedish defense, the normal retirement age … for a reduction in both mortality and in inpatient care as a consequence of the early retirement offer. Increasing the …

leads to a lower pension. In this article, we map options for early retirement in other countries. We have found five main …It is a challenge for politics that an aging population leads to demands that the retirement age is increasing while … the labour market. However, the regulations have become more restrictive in the last decade and early retirement usually …

German program subsidizing the pensions of low-wage workers. Using novel administrative data, we find that eligibility leads …We estimate the effect of additional pension income on mortality outcomes by exploring the eli- gibility criteria of a … to a 2-month delay in age at death (censored at 75). Survey evidence suggests that additional pension income improves …

use it to (i) calculate three dimensions of public-sector compensation: wage, pension, and job-security premia, and (ii …) quantify the effects of harmonizing the compensation in the two sectors. We find that the job-security and pension's premia are …The size of the public sector in terms of employment and compensation has a strong life-cycle dimension. We establish a …

retirement age. We look at a scenario where an economy has a pay-as-you-go defined benefit scheme and compare it to a scenario … with defined contribution schemes (funded or notional). We show that, initially, in both types of pension system schemes …

identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most …Many Belgian retire well before the statutory retirement age. Numerous exit routes from the labor force can be … prominent ones. We analyze the retirement decision of Belgian workers adopting an option value framework, and pay special …

-in-difference-in-differences (DDD) approach how a new pension program impacts inter vivos transfers. We show that pension benefits lower the propensity …Aging populations in developing countries have spurred the introduction of public pension programs to preserve the …