workers. We find that statutory retirement ages have an important influence on the decision to leave employment. Higher …

This paper examines the impact of old-age pension systems and other social transfer programmes on the retirement … countries over 1969-1999 or shorter periods in some cases) of retirement incentives embedded in those schemes is constructed for … dimensions of retirement incentives such as the pension accrual rate but also, to a lesser extent, the availability and …

. With an already low effective retirement age, additional early permanent exit from the labour market needs to be … step in the right direction, but the old–age retirement system should be further adjusted to lower fiscal costs, raise the … minimum retirement age and increase work incentives for older individuals. This Working Paper relates to the 2010 Economic …

downturns. In particular, early retirement incentives embedded in old-age pension schemes and other social transfer programmes …

simulates the career of a representative sample of the working-age population and their path in retirement. It replicates and … the financing gap, further increasing the retirement age after 2030 in line with life expectancy gains appears to be the …

that encourage early retirement, such as exceptional entitlements or looser criteria for unemployment and disability …

retirement schemes than their Scandinavian counterparts. To restrict their use, extended unemployment benefit, which is paid to …