. This paper examines the impact of various reform options on the actual retirement choices of older workers. The paper …'. Our simulations show that the early-retirement pension adjustment factors introduced by the 1992 pension reform will, in …The financing problems beleaguering the public pension system have again shifted the spotlight onto the retirement age …

pensions for a longer time while there are less workers per retiree to shoulder the financial burden of the pension systems …

Media reports predicted that the stock market decline in October 2008 would cause changes in retirement intentions, due … to declines in retirement assets. We use panel data from the Health and Retirement Study to investigate the relationship … between stock market performance and retirement intentions during 1998-2008, a period that includes the recent crisis. While …

pensions, and Social Security profiles available at alternative retirement ages. Then we examine four specific changes in the … magnitudes of these responses. Using a representative sample of male workers, we investigate the pre-reform earnings, private … structure of Social Security benefits: raising the normal retirement age, delaying the cost-of-living adjustment, lowering early …

"This ninth volume of the International Social Security series, which studies the social security and retirement … experiences of 12 developed countries, examines the effects of pension reform on employment at older ages. In the two decades …

Oregon's Public Employees Retirement System (PERS) is a rich setting in which to study the effect of pension design on … employer costs and employee retirement-timing decisions. PERS pays retirees the maximum benefit calculated using three formulas … employer's perspective, we show that this "maximum benefit" calculation is costly. Average ex post retirement benefits are 54 …

paper focuses on the pension reform process in Europe. It links the causes for current problems to the cures required to …, in particular of public pensions …There is no single policy prescription that can solve all problems at once. Reform elements include a freeze in the …

. In response to pension retrenchments implemented immediately, people close to retirement stay in the work force longer …

Despite its centrality in monetary policy, communication is not a focus in social security reform. We investigate the …-based eligibility age implemented by reform that Denmark launched in 2006. Absent treatment, younger workers not only have biased …