Lassila, Jukka (contributor); Valkonen, Tarmo (contributor) - 2008
pension system (TyEL). The results show that current contribution rate is likely to be too low to finance the future higher …. It is likely to do so, unless the increased risk causes unforeseen changes to the pension system, with sustainability … could be the adoption of a Swedish type NDC pension system. Our simulations show, however, that the implied adjustment rules …