The paper discusses an additional reform proposal for enhancing Social Security solvency which reframes the existing debate in a different light. In our research, we focus on incentives to prolong working years and to delay benefits claiming as a way of sustaining Social Security. Specifically,...

Given rising life expectations around the world, it seems that old-age pension benefits will need to be cut and pension contributions boosted in many nations. Yet our research on old-age system reforms does not require raising mandatory retirement ages or contributions. Instead, we offer ways to...

Dieser Artikel behandelt das Zusammenspiel von staatlich organisierten sozialen Sicherungssystemen und der privaten Eigenvorsorge durch Vermögensbildung als Grundpfeiler der sozialen Marktwirtschaft in Deutschland. Die jährlichen Ausgaben der verschiedenen staatlichen Sicherungssysteme...

Social Security rules that determine retirement, spousal, and survivor benefits, along with benefit adjustments according to the age at which these are claimed, open up a complex set of financial options for household decisions. These rules influence optimal household asset allocation,...