high for men. Our findings have strong policy implications. On the one hand misperceptions about longevity risk might … prevent individuals from providing sufficiently for retirement. On the other hand mandated unisex tariffs might especially …

This paper explores the introduction of collective risk-reallocation elements in defined contribution pension contracts …. We consider status-contingent, age-contingent and asset-contingent arrangements to reallocate risk among participants …. Eliminating asset market risk for the retired raises their welfare, while it lowers welfare of the workers, despite the fact that …

, as natural experiments. The empirical analysis is based on three waves of the Survey of Income and Expenditure (EVS … does not crowd-out old-age private savings. Hence, child care pension benefits increase a mother's old-age income without …

, as natural experiments. The empirical analysis is based on three waves of the Survey of Income and Expenditure (EVS … does not crowd-out old-age private savings. Hence, child care pension benefits increase a mother's old-age income without …