Background: The pension deficit has been rapidly enlarging for more than a decade. If the retirement age is set at a … low level, it might trigger a pensions crisis. Since the average life span of the Chinese has extended from 71 to 76 years … old in last ten years, the feasibility of rising the retirement age has also been promoted. Methods: This paper aims to …

retirement age (ERA). Raising the ERA has the potential to extend contribution periods and to reduce the number of pension … retirement program for women born after 1951, effectively raising the ERA for women by three years. We analyze the effects of … this huge increase on employment, unemployment, disability pensions, and inactivity rates. Our results suggest that the …

contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three …-period overlapping generations model. We focus on both the case of mandatory retirement and the case where the retirement age is freely … chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and …