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occurs less often than it is desired. In particular, a change in behaviour can be observed in the cohort of pensioners born … with a particularly long contribution record, shows that they are not the cause of this behaviour reversal. …
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Increasing retirement ages in an automatic or scheduled way with increasing life expectancy at retirement is a popular pension policy response to continuous longevity improvements. The question addressed here is: to what extent is simply adopting this approach likely to fulfill the overall goals...
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