Public sector employees receive large fractions of their lifetime income in the form of deferred compensation. The introduction of the opportunity provided to Illinois public school employees to purchase additional pension benefits allows me to estimate employees' willingness-to-pay for benefits...

Low contribution levels to pension schemes in Latin America are an enormous obstacle limiting the implementation of a broad-based social security system. Contribution rates measured as a ratio of contributors to the total labour force stand at an average of 40%, or 60% in the best of cases....

Variations between the diverse pension systems in the member states of the European Union hamper labour market mobility, across country borders but also within the countries of the European Union. From a macroeconomic perspective, and in the light of demographic pressure, this paper argues that...

Several studies have suggested that education is associated with later retirement from the labour market. In this paper, we examine whether adult education, involving enrolees aged 42 or above, delays retirement to potentially increase labour force participation among the elderly. With Swedish...

Several studies have suggested that education is associated with later retirement from the labour market. In this paper, we examine whether adult education, involving enrolees aged 42 or above, delays retirement to potentially increase labour force participation among the elderly. With Swedish...

We calculate increases in contributions required to achieve full funding of state and local pension systems in the United States over 30 years. Without policy changes, contributions would have to increase by 2.5 times, reaching 14.1 percent of the total own revenue generated by state and local...

Los bajos niveles de cotizacion a los sistemas de pensiones en America Latina son un enorme obstaculo que limita la puesta en practica de un sistema de seguridad social generalizado. Las tasas de cotizacion medidas como el indice de cotizantes respecto a la poblacion activa total se mantiene en...

The main purpose of minimum pension benefit programs and old-age social assistance programs is to guarantee a minimum standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the minimum pension program is a key welfare program and...

Arbeitslose erhalten mindestens 60% des letzten Nettolohns in Form des ALG I und erwerben Rentenansprüche entsprechend 80% ihres letzten Bruttolohns. Zudem steigt mit dem Alter die maximale Bezugsdauer des ALG I. Dies wirft die Frage auf, ob hier nicht Anreize entstehen, das ALG I als eine Art...