retirement and long-term care (LTC) contingencies. The procedure relies on standard double-entry bookkeeping and enables us to …

. Therefore, a pension system with a unique retirement age is a priori problematic. The usual policy recommendation to address … this problem is to differentiate the retirement age by SES. This paper explores the relative merits of partial de …-annuitization of public pensions as a way of addressing the (imperfectly assessed) inequality of longevity …

-term horizon, the gap between the income which households expect to receive at retirement and the income which pension schemes are …

-logit) to estimate the determinants of older people's LFP. Our main findings provide strong evidence that pensions and poorer …, pensions have less impact on lower-status workers, indicating that even if they receive a pension, they may still be too poor …

state retirement of men. Work incentives associated with pension coverage and plan characteristics are calculated primarily … from the 1969-79 Retirement History Study and the 1983 and 1989 Surveys of Consumer Finances. Simulations with a structural … retirement model suggest that the long-run effects of changes in pension plans and social security account for about a quarter of …

contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three …-period overlapping generations model. We focus on both the case of mandatory retirement and the case where the retirement age is freely … chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and …

We analyze the effects of increasing the retirement age in two economies with overlapping generations and within cohort … defined benefit to a defined contribution. We find that if increase in the retirement age is phased in a way that allows …