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 …

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 …

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 …

, belated retirement and low replacement ratios in rural areas, and special rules governing public sector pensions. Labour … consolidating the various regimes, raising retirement ages and shifting more of the cost of rural pensions to the central government …

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

fairly high contribution rates and short time in retirement. This reflects to a large degree a relatively narrow contribution …

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