after retirement to prevent elderly poverty; to this end, the blind spot of the pension system needs to be resolved, such as …

mandatory retirement age on an ageing economy. A decrease in mortality rate raises aggregate capital input in the economy since … individuals save more for retirement due to the longer life expectancy and the enlarged proportion of the middle- and older … the introduction of extension of retirement age (3 years, from 57 to 60) can alleviate the negative effects of population …