the formal pensions sytem. Further, the less risk tolerant choose private individual retirement accounts over a publicly …

countries studied, recommendations have been explored that could help reduce the level of vulnerability at the retirement stage …

pensions, which are most closely related to the management of the risks of an aging population, have for a number of years …. In another exercise, using the mortality table estimated in this work, we found that if pensions in Chile are not to lose …

: vulnerability to poverty, investment, and consumption smoothing. Even though we cannot find a significant effect on vulnerability …

-contributory) pensions in Europe. We use data from the household survey EU-SILC and focus on 17 countries. We simulate - in a static … framework - the introduction of two social pension schemes: universal and means tested social pensions. We see that the old … have few other income sources than pensions. On the opposite, it costs less. In fact, the means test reduces substantially …

including contributory pensions and social allowances on consumption expenditure of receiving households, and subsequently … investigates the impact of the social security transfers on poverty in Vietnam. It is found that both pensions and social … allowances increase expenditure of households, especially expenditure on non-food consumption. Pensions have a higher effect on …