The United States faces exceptionally large budget deficits over the foreseeable future that threaten the nation's financial stability (Bernanke 2010). A large portion of these deficits is due to the Social Security and Medicare programs. Thus, given the likely need to reform these programs, we...

Various polls reveal that Europeans, even if aware of the looming pension crisis, generally resist pension reforms. In this research report, we show that resistance may be general but it is not uniform. People may oppose reforms but they reject different components of the reform proposals...

The demographic changes occurring in European countries in recent decades have made the public pension system one of the most debated policies of the welfare state. This paper analyzes attitudes in public opinion to the different reform alternatives being discussed in the public debate. To...

While generally well-run, the Swiss pension system is in need of reforms to be effective in the longer term. The first pillar, like that of many other countries, is facing demographic challenges undermining its effectiveness and support across generations, while the second pillar is plagued by...