facing future generations of pensioners that threaten their living standards in retirement and which, without policy action …-year project that will produce the highest-quality evidence regarding the future of financial security in retirement. The launch of …

Within a politico-economic model we first establish three hypotheses: (i) Retirees generally prefer a higher retirement … age than workers, whereby just retired individuals prefer the highest retirement age, (ii) in equilibrium the level of the … legal retirement age is increasing in longevity and (iii) decreasing in the public pension replacement rate. We then test …

retirement age to 65 for both genders has a strong positive effect on sustainability of the pension system and keeps the deficit …

-specific deductions for early retirement on female retirement, employment and unemployment. For the empirical analysis we use high … document that the pension reform leads to a postponement of retirement, an increase in employment and a shifting in …