Background: The pension deficit has been rapidly enlarging for more than a decade. If the retirement age is set at a … low level, it might trigger a pensions crisis. Since the average life span of the Chinese has extended from 71 to 76 years … old in last ten years, the feasibility of rising the retirement age has also been promoted. Methods: This paper aims to …

leads to a lower pension. In this article, we map options for early retirement in other countries. We have found five main …It is a challenge for politics that an aging population leads to demands that the retirement age is increasing while … the labour market. However, the regulations have become more restrictive in the last decade and early retirement usually …

public wages are determined. Rigid public sector wages lead to perverse effects on private employment, while flexible public … wages lead to a stabilizing effect. Public employment also has important productivity and redistributive effects. …