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 …

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

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

, reforms are needed now to develop an effective three-pillar system of retirement income based on the National Pension Scheme …

by the removal of the pathways to early retirement. In order to allow people to work longer, labour market flexibility …

needed to develop an effective three-pillar system of retirement income based on the National Pension Scheme (NPS), company …

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 …

current configuration of age-related policies. Since later retirement appears to be a key policy to easing the burden of … ageing, it looks at indicators of the incentives for early retirement via pension systems and other transfer programmes … permitting early withdrawal from the labour market for those approaching retirement. The report discussed the different types of …