are for the timing of retirement. The new pension system provides a much closer link between contributions and benefits … than the former system. I study whether the reform has led to delayed retirement by examining the retirement patterns of … retirement hazard among latter born cohorts, who were more affected by the reform. This implies that retirement is delayed. Most …

Many pay-as-you-go pension systems have increased or plan to increase their legal retirement age (LRA) to address the …

retirement incentives and work incentives of prime-age workers. We find that postponed retirement tends to harm incentives of …

health and retirement estimated on the Norwegian labour market data. The paper focuses on the two main elements of the reform … drawing rules designed to eliminate the incentives distortions with respect to the time of retirement. The effects of these … the proposed pension reform succeeds in urging the older workers to postpone their retirement and induces an increase in …

first five waves of the Health and Retirement Study. We also provide model simulations for two widely discussed reform …

hypothetical pensions U.S. workers would have obtained between 1911 and 1999 if they had accumulated retirement savings in … present in certain types of public retirement system, but a public system has one important advantage over private pensions …