Background: The pension deficit has been rapidly enlarging for more than a decade. If the retirement age is set at a … old in last ten years, the feasibility of rising the retirement age has also been promoted. Methods: This paper aims to … construct a mathematical model for choosing a proper policy about raising retirement age on the basis of the interaction between …

This paper examines the empirical link between retirement and the supply of volunteer labor, using panel data from the … Household, Income and Labour Dynamics in Australia (HILDA) Survey. To identify the causal impact, we exploit a major reform of … the Australian Age Pension which has significantly changed the retirement incentives of older people. We find positive and …

attention to the rules of retirement in Hungary since 1990. In every pension system, there exist two rules which determine how … the lifetime contribution (which is approximately proportional to the years of contributions) and the retirement age … a mandatory life insurance and life annuity system. More generally, we speak of flexible retirement if adding a year to …

effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that labor market participation and retirement behavior in general are strongly influenced by the level …

that financial incentives for early retirement stem mainly from the Austrian tax system and not from the pension system …