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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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retirement system in Finland, featuring a relabeling of retirement ages with modest and continuous changes in financial …Focal retirement ages are a central feature of Social Security programs around the world, and provide a potentially … powerful tool for policy makers who are interested in reforming retirement systems to address the growing funding shortfalls …
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