statutory (state) pension schemes are the main if not only source of income in retirement for most people, with occupational … pensions only playing at most a minor role. In several countries private sector occupational pension schemes do play an … important role in providing pensioner incomes though. In these countries there has generally been a shift from DB to DC pensions …

issues assigned to the following topics: ageing with dignity; retirement age; assumptions and conditions resulting from … foundations and potential changes in pension systems. The research results presented in this volume have a common denominator …

This paper provides the first estimate of the actuarial balance of the Spanish contributory pension system for the old … account system and our balance sheet for the Spanish system is also provided. The main finding is that the Spanish pension … taxpayers (the plan sponsor) should count on making transfers to the pension system with a present discounted value of 31.4 % of …

of the pension system efficacy on the share of the accumulative system in the structure of retirement scheme financing … Kazakhstani pension provision system. A hierarchy of indicators of the pension system efficacy is built using the graph method … the pension system efficiency is maximized. A neural model for predicting the pension system efficacy under the influence …

second tier of the pension system has obvious costs in terms of poverty among old-age pensioners. Their incomes will fall … the public pension regime (ZUS). Trying to solve the problem of public finance sustainability by radically shrinking the … sharply relative to those of working-age population. Partially reversing pension reform will also cost Poland in terms of risk …

, we analyze the financial incentives for working longer and postponing claiming pension benefits and we assess the …Life expectancies are rapidly increasing and uncertain in all countries in Europe. To keep pension systems affordable … working and living longer on pension incomes in five European countries and assess the impact of these policy reforms on the …

that financial incentives for early retirement stem mainly from the Austrian tax system and not from the pension system …This paper studies actuarial neutrality in the Austrian pension system. It is often argued that actuarial neutrality … constitutes an incentive for people to retire. We show that there are almost no financial incentives within the Austrian pension …

providing pensions to the elderly. Such systems may aim to smooth consumption and thus provide reliable income to older people … treatment of men and women in retirement security even when lifetime earnings and projected average life expectancy may differ … greatly. The increasing share of the elderly in the population of all countries makes implementation of sustainable pension …

to the conventional view that labor costs are procyclical. Using BLS establishment-job data, we find that even real wages …, the main focus of prior literature, have become countercyclical. Benefit expenditures are less rigid than nominal wages …