retired. Upon retirement, backpack savings can be converted into an (actuarially fair) retirement pension. To complement the …%. In both economies, the annuity retirement option is an important component of the welfare gains. …

This paper investigates the retirement patterns of married couples in Belgium. To forecast retirement behavior, we use …'s structural design affect both partners' retirement decisions. We simulate the effect of the elimination of the spousal bonus and … find that a small portion of women delay their retirement whereas the rest substitute into alternative social security …

In 2010, increasing the retirement age became a focal point of Social Security reform proposals. In a controversial … retirement age from 67 to 69 and the age at which benefits could first be claimed from 62 to 64. Both ages would be indexed to … surrounding the retirement age provisions in the Social Security Act. It considers the four statutory age-related factors …

endogenous retirement, economic growth, and social welfare by employing a two-period OLG model. We find that increasing labor …

In 2007 Germany has introduced a pension reform which increases the normal retirement age from currently age 65 to 67 … effective retirement age by about one year and redistribute towards future cohorts. However, it hardly reduces old-age poverty … since rich people are more flexible in adjusting retirement. Overall, the efficiency gains of the reform are very modest …

Recently several countries, including Estonia, Latvia, Lithuania, Hungary, Poland, Romania and Slovakia, have at least … partially reversed their earlier moves towards compulsory defined-contribution schemes. This paper concentrates on Poland, which … sharply relative to those of working-age population. Partially reversing pension reform will also cost Poland in terms of risk …