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reforms for a fixed retirement age distribution. The behavioral effect accounts for the endogenous change caused by changes in …
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Many pay-as-you-go pension systems have increased or plan to increase their legal retirement age (LRA) to address the …
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retirement plans of middle-aged workers (aged 45-55). Our results indicate that approximately two-thirds of men and more than … half of women appear to be making standard retirement plans. At the same time, more than one in five individuals seem to … have delayed their retirement planning and approximately one in ten either do not know when they expect to retire or expect …
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Life expectancies are rapidly increasing and uncertain in all countries in Europe. To keep pension systems affordable, policy reforms are to be implemented which will encourage individuals to work longer. In this paper we analyze the impact of working and living longer on pension incomes in five...
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