In 1980, Chile dramatically reformed its retirement system, replacing what was an old insolvent PAYGO program with a … paper introduces a recently-developed longitudinal survey of individual respondents in Chile, the Social Protection Survey …

Around the world, Pay-As-You-Go (PAYGO) public pension programs face serious long-term fiscal problems due primarily to … difficulties of transition to funded systems have limited their implementation. Recently, a new variety of public pension program …

longitudinal examination of pension retirement incentives in several dozen plans observed between about 1960 to 1980. The plans … in the age at which pension present values peak (with retirement after that age penalized). We also find that simple … indicators of pension plans' structural features (e.g. the plan's early retirement age) do not adequately summarize the complex …

efficient allocation of risks given the other assets and liabilities of pension issuers and beneficiaries. In this case … question of what assets should be held in pension portfolios …

We show how the economic incentives to remain in the labor force induced by Sweden's public old-age pension system and … individuals corresponding to groups by gender and educational attainments we calculate the following measures: the replacement …