basis for a more general analysis that will be dedicated to the functioning and sustainability of pay-as-you-go to finance …

sustainability of pay-as-you-go to finance the welfare system in developed countries. Thsi paper constitutes Chapert 2.. Chapter 1 …

Since the early 90's, the Federal Planning Bureau assesses the sustainability of pensions in Belgium. Since a couple of … years, it uses a dynamic microsimulation model, MIDAS_BE, to assess the development of the adequacy of pensions. This …

well contributory pensions and social allowances reached the poor and to which extent these transfers affected poverty and … weak evidence for multiplier effects for social transfers, but not for pensions. …

lump sums with the risk that people outlive their resources. Finally, pensions in payment are not automatically adjusted to …

the role of privately managed defined-contribution pensions. An obvious question is how these regimes are likely to affect …. Pensions can be actuarially adjusted, depending on the year at which benefits are first drawn. We show that the incentives in a …

Reforming pensions is one of the biggest challenges of the century. All OECD countries have to adjust to the ageing of … pensions but the increases necessary to compensate for ageing are so large that one cannot rely on them alone. Most OECD … calculation methods and adjustment of paid-out pensions make it very difficult to compare pension policies across countries …