How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … public pension payments. This reform did not change the level of pensions, but only provided information to individuals about … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide …

applied to study welfare and savings implications of automatic enrolment into private pensions. The default option effect on … disproportionately low savings of individuals on low incomes and non-fungibility between public and private pension wealth. The model is … default scheme. Nevertheless, the impact of automatic enrolment on total savings is ambiguous in general, because in addition …

The Chilean pension system was hit hard during 2020-2021 by the withdrawal of 25 per cent of the individual pensions … pensions, including its heterogeneity matrix to simulate the distribution of pension impacts. The withdrawal impact decreases … percent and 37 percent for males and females' new self-financed pensions around the year 2022, which goes to about 56 percent …

three topics: Social Security overhaul, 401(k) enrollment and accumulations, and health savings accounts. Before the forum …

. Automatic enrolment into private pensions raises participation (the `default option effect'), but its impact on aggregate saving … accumulation. A numerical application of the model indicates that while automatic enrolment into private pensions can increase …

How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … change the level of pensions, but only manipulated the knowledge about and salience of expected pension payments. Using … on private retirement savings. Our results show that the letters increase private retirement savings. The effects are …