information on three major economic outcomes, namely, retirement planning, choices pertaining individuals' labor supply, and … savings decisions. We also highlight that the lack of knowledge prevalently hits the most vulnerable individuals in the …

assess the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male … of workers born in 1950 or later. At the same time, a tax-facilitated savings plan was introduced that substantially …. We show that retirement expectations are in line with realizations and that the reform had the intended effect on the …