This paper studies empirically the consequences of retirement on health. We make use of a targeted retirement offer to … army employees 55 years of age or older. Before the offer was implemented in the Swedish defense, the normal retirement age … for a reduction in both mortality and in inpatient care as a consequence of the early retirement offer. Increasing the …

Governments are increasingly concerned about the capacity of pensions systems to meet demands in the coming years … individuals through occupational and other pension arrangements. If such a strategy is to work, it requires that individuals are … well-informed about pensions. However, there are many reasons to believe that individuals may not be well-informed due to …

This chapter defines a universal public pension scheme (UPPS) as a government-mandated lifecycle longevity insurance … scheme that transfers individual consumption from the working years to the retirement phase of the lifecycle. It discusses … postpone retirement marginally toward the end of the working life. The chapter examines additional criteria (fairness …

Pensions may be provided for in a modern society by a mix of several methods, namely by voluntary individual savings …, mandatory fully-funded occupational pension systems, mandatory social security financed by pay-as-you-go, and old …-fashioned hoarding in cash. Here, we call the specific mixture of the four systems the pension composition. We assume that individual …

We conduct a randomized controlled trial to understand how a web-based retirement saving calculator affects workers …' retirement-savings decisions. In both conditions, the calculator projects workers' retirement income goal. In the treatment … condition, it also projects retirement income based on defined-contribution savings, prominently displays the gap between …

Aging populations in developing countries have spurred the introduction of public pension programs to preserve the …-in-difference-in-differences (DDD) approach how a new pension program impacts inter vivos transfers. We show that pension benefits lower the propensity …

from a lack of pension income. In this paper, we use data from the first four waves of the Irish Longitudinal Study of …+. We find that a lack of pension income is an important determinant of later-life working and that this applies for both …

This paper documents the patterns and correlates of retirement in China using a nationally representative survey, the … China Health and Retirement Longitudinal Study (CHARLS). After documenting stark differences in retirement ages between … and that rural residents continue to work until advanced ages. Differences in access to generous pensions and economic …

pension incomes ought to be taxed specifically. To do this, one has to distinguish between public and private pensions. The …There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes … are not clear. This note reviews the general principles of pension taxes and analyses the theoretical foundations of why …

This study examines the consequences of a pension fund investing in the stock of the sponsoring firm. Using a merger of … data on pension asset holdings from IRS Form 5500 filings and financial data on the company's stock from CRSP, two broad … questions are addressed: First, what factors influence the extent of a pension fund's investments in the employer's stock …