baby boom generation. This remains a main concern in many countries. A new reform agenda is emerging, however, that marries …

This paper investigates how parametric reform in a pay-as-you-go pension system with a tax benefit link affects … supply. We show how several popular reform scenarios are geared either towards young or old workers, or, indeed, both groups … implicit in contribution rates. -- pension reform ; retirement ; hours worked ; tax benefit link ; actuarial adjustment …

reform measures to enhance work incentives and labor participation, which will be crucial for dealing with population aging …