This paper considers the issue of actuarial fairness of the new Italian public pension system in view of the recent trends in old-age mortality and the survival differences by gender, birth cohort and region of residence. After reviewing the secular trends in elderly mortality in Italy, and the...

This paper provides an overview of past and expected future trends in life expectancy in populations of today's low mortality countries. Because these populations previously experienced strong decreases in infant mortality, the future mortality trends will be driven mainly by mortality among the...