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 …

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

, early retirement incentives, diversification into private provision, simplicity and the pensions-earnings link. This Working …

ways. First, early-retirement incentives (including severance payments) continue to push many incumbent formal sector … retirement age, policies for incumbents are fiscally expensive, inequitable, and serve to swell the ranks of the informal sector … of older people. This paper discusses a number of reforms that would increase the retirement age, reduce inter …

ways. First, early-retirement incentives (including severance payments) continue to push many incumbent formal sector … retirement age, policies for incumbents are fiscally expensive, inequitable, and serve to swell the ranks of the informal sector … of older people. This paper discusses a number of reforms that would increase the retirement age, reduce inter …

, early retirement incentives, diversification into private provision, simplicity and the pensions-earnings link. This Working …

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 …

enhance the efficiency of public spending. Linking the retirement age to life expectancy and tightening early retirement …

flexible retirement age based on actuarially fair notional accounts and the strength of the link between income and benefits … welfare spending. For the proposals to have maximum impact, public subsidies to existing early retirement schemes should be …