rather analyzes one vital option that has received insufficient attention in previous debates: raising the normal retirement … significant increase in life expectancy raises the question of whether the current retirement ages of 60 years, for earliest CPP … the option of raising the retirement age needs to be discussed well before longevity increases or funding problems occur …

work strongly in the direction of even shorter durations of retirement and longer durations of work. These new pressures … retirement years in large numbers, increasing the demand for older workers. On the supply side, there will be a large in increase … market scenarios. Delaying work-retirement transitions by even this amount would have large, positive economic and fiscal …

Using data from three waves of the General Social Survey on retirement and older workers (1994, 2002 and 2007), we … document the evolution of retirement patterns over the last three decades. We combined the analysis of retirement ages of … actual retirees with data on expected retirement ages of current workers to create a longer perspective on changes in …

Does retirement represent a state of relative prosperity or a time of unanticipated economic hardship? To assess … whether individuals are successful in smoothing their well-being across the transition to retirement we analyse measures of …-reported change in their standard of living, financial security, and overall happiness over the transition to retirement. It is found …

Identifying the effect of the financial incentives created by social security systems on the retirement behaviour of … retirement probability by approximately 10 percent. In addition, we find that the social security reform induced significant … funding retirement. …

retirement income. More precisely, this paper, which is based on two Statistics Canada surveys (Survey of Consumer Finances and … retirement income sources has been realized, while discerning five distinct categories: net government transfer payments, CPP … retirement income have become substantially more diversified and privatized during the period under study. These adjustments are …

maintaining their incomes after retirement. Our main conclusions are as follows. First, in the two years immediately after … retirement the aftertax income replacement ratios average about two-thirds when calculated across all ages of retirement. Second …, the ratios tend to increase with the age of retirement. Third, the ratios increase with years in retirement, at least in …