Fehr, Hans; Fröhlich, Adrian W. - 2022
analysis focus on the increase in the normal retirement age (NRA) from age 65 to 67 (Reform 2007) and the recent increase in … the maximum assessment age (MAA) for DP benefits (Reform 2018). In contrast to the first reform, the second reform received … and benefit rules, the second reform will almost neutralize the financial and economic benefits of the first reform …