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increasing the standard and early retirement ages in a discretionary, scheduled, or automatic way, and by making it harder for … people to retire prematurely. To this end, countries have adopted alternative retirement age strategies, but our analyses … methods that underestimate life expectancy. This paper discusses how to implement automatic indexation of the retirement age …
Persistent link: https://www.econbiz.de/10012668785
increasing the standard and early retirement ages in a discretionary, scheduled, or automatic way, and by making it harder for … people to retire prematurely. To this end, countries have adopted alternative retirement age strategies, but our analyses … methods that underestimate life expectancy. This paper discusses how to implement automatic indexation of the retirement age …
Persistent link: https://www.econbiz.de/10013314670
Prefunding of pension commitments in OECD economies is increasingly seen as a central strategy to cope with the aging of their populations. This paper argues that investments in emerging markets can help at the margin but are unable to solve the demographic problem. While these investments bring...
Persistent link: https://www.econbiz.de/10009781581
Increasing retirement ages in an automatic or scheduled way with increasing life expectancy at retirement is a popular … process, model, and parameter risks. The results show that: (i) retirement ages are forecasted to increase substantially in … the coming decades, particularly if a constant period in retirement is targeted; (ii) retirement age policy outcomes may …
Persistent link: https://www.econbiz.de/10012597036
Persistent link: https://www.econbiz.de/10011393318
Persistent link: https://www.econbiz.de/10010522813
Persistent link: https://www.econbiz.de/10002658855
The book has a comprehensive introduction and two main parts. Part I presents the conceptual underpinnings for the Bank's thinking on pension systems and reforms, including structure of Bank lending in this area. Part II highlights key design and implementation issues where it signals areas of...
Persistent link: https://www.econbiz.de/10012563341
Intro -- Contents -- Preface -- Acronyms and Abbreviations -- Introduction and Executive Summary -- A Framework for Pension Reform -- Design and Implementation Issues -- Structure of the Report -- PART 1. CONCEPTUAL UNDERPINNINGS -- 1 The Need for Reform -- Fiscal Pressure: Short-Term Urgencies...
Persistent link: https://www.econbiz.de/10012673054