ageing, it looks at indicators of the incentives for early retirement via pension systems and other transfer programmes …

This paper presents simulations of the impact of age-related public expenditures on overall government budget positions … constructed for the evolution of public pension expenditures and contributions, on the assumption that present policies continue …

This paper examines the impact of old-age pension systems and other social transfer programmes on the retirement … dimensions of retirement incentives such as the pension accrual rate but also, to a lesser extent, the availability and … in old-age pension and early retirement schemes: they are high in most Continental European Countries, compared with …

Brazil’s public pension expenditure is about 9 per cent of GDP, above the OECD average. Given that OECD countries are … generally not only wealthier, but also significantly older, Brazil’s pension expenditures are clearly excessive, draining … Brazilian pension system is also unjust. About half of total pension expenditure is paid to former civil servants, which account …

Substantial fiscal consolidation was achieved under the aegis of the 2003 Fiscal Responsibility and Budget Management … term, the medium-term fiscal framework needs to be improved, notably by embedding the annual budget in a detailed three …