Most Americans will lack the financial resources to be secure and relatively satisfied upon retirement, and … commentators increasingly recognize that this “retirement crisis” calls for policy changes affecting both active participants in … towards addressing the retirement crisis while also providing a flexible framework for future policy reform …

This paper investigates the effects of increasing the eligibility age for public pension on workers' retirement … decisions, focusing on recent Japanese public pension reforms. In Japan, the pensionable age for Employees' Pension Insurance …

-DC pension respond to a one standard deviation shock to quarterly market returns by adjusting their retirement date by …I provide evidence that defined contribution (DC) pensions make retirement more positively correlated with stock market … in 1984 from a DB pension system (CSRS) to a hybrid-DC pension system (FERS). I estimate that FERS exposes approximately …

state retirement of men. Work incentives associated with pension coverage and plan characteristics are calculated primarily … retirement model suggest that the long-run effects of changes in pension plans and social security account for about a quarter of …This article estimates the effects of changes in pension plans and social security in the 1970s and 1980s on the steady …

Health and Retirement Study (HRS), for 60 percent of total wealth of HRS households who are in the 45th to 55th wealth … 51 to 61 in 1992, and obtains pension plan descriptions from respondents' employers. Pension accrual profiles, income and … wealth distributions by type, wealth-income ratios and accrued wealth by pension status are also explored …

how these interact is of key importance in order to generate efficient retirement portfolios. Additionally, there is … their assets inside and outside tax-qualified retirement plans, their mortality assumptions, and their accrued Social …

We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 … German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using … intensive margin responses. Our estimates imply that, on average, an extra euro of pension wealth in a given period reduces …

We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 … German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using … intensive margin responses. Our estimates imply that, on average, an extra euro of pension wealth in a given period reduces …

This article uses Health and Retirement Study data to investigate the effects of Social Security's Windfall Elimination … Provision (WEP) and Government Pension Offset (GPO) on Social Security benefits received by households. The provisions reduce … pension and were not subject to Social Security payroll taxes (“noncovered” employment). We find that about 3.5 percent of …

incentives embedded in North Carolina's retirement system. Like most public-sector retirement plans, North Carolina's teacher … pension implicitly encourages teachers to continue working until they are eligible for their pension benefits, and then leave … nonwhite teachers are also more likely to stay during the pension "pull". All teachers show a strong response to the pension …