income. The goal of this paper is to test for the effect of mandatory pensions on discretionary household savings. The data … pensions have a significant negative impact on savings motives with respect to old age. Concerning the effect on household … are drawn from the CentER Savings Survey, which consists of a representative and a highest-income-decile sample of Dutch …

of workers born in 1950 or later. At the same time, a tax-facilitated savings plan was introduced that substantially … assess the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male … savings to counter the effect of the reform. These workers, who are generally in worse health, have zero substitution rates …

social security schemes, an ageing population thus leads to policy uncertainty in first pillar pensions. This paper sheds … more light on the relationship between public and private savings by analyzing private pension scheme participation in the … an increase in, or crowding in of, private savings …

increase in the monthly benefit induces female recipients to claim their pensions eight months earlier. A back …

Old-age pensions in the NDC systems reflect the accumulated lifetime labour income. Interrupted careers and differences …-age pensions in the future. We argue that the pension systems' design modifications that weaken the link between contribution and … benefits would not solve the challenge of providing adequate old-age pensions to people with interrupted careers. On the …