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retirement and long-term care (LTC) contingencies. The procedure relies on standard double-entry bookkeeping and enables us to … policy conclusions stress the need to properly report social insurance benefits to enhance transparency and sustainability …
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We analyze the effects of increasing the retirement age in two economies with overlapping generations and within cohort … defined benefit to a defined contribution. We find that if increase in the retirement age is phased in a way that allows …
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This paper contains nine different essays on Social Security reform and multi-pillar pension plans. The nine topics are: 1. Transition costs2. Progressive indexation3. Government guarantees on private accounts4. Life cycle investing5. Impact of add-on accounts on Social Security solvency6....
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