Increases in longevity, changes in pension structure, and the shift to greater individual responsibility for retirement saving make it important that governments provide workers with information about their public retirement benefits. Public pension statements are one way governments can do...

Old-age pensions in the NDC systems reflect the accumulated lifetime labour income. Interrupted careers and differences in the employment rates, particularly between men and women will have a significant impact on pension incomes in NDC countries. In the paper, we compare the labour market...

The partial privatization of the US Social Security system was clearly the top economic policy priority for the new Bush administration. While many famous economists, publicists and politicians support, others reject the partial privatization of the Social Security system. The international...

Though never stated explicitly, there is a hidden hypothesis that in a normal pension system, the retirement age and the contribution length are strongly and positively correlated. We compare the time paths of male and female correlation coefficients in Austria, Hungary, Germany and Sweden for...

We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain. Individual measures of pension wealth, peak and accrual values are constructed using labor market histories and health shocks are derived as changes in a composite health stock...

I examine the effect of Old-Age Insurance (OAI) on older women's labor-force participation in fourteen countries since around 1930. Older women's participation has risen in the US, but has fallen over time in some European countries. The discontinuity of incentives at the state pension age helps...