undergoing fundamental reforms in many Western countries. Starting with cohort 1937, Germany introduced permanent pension … deductions for early retirement. This paper examines the evolution of the profitability of pension contributions against the … background of this reform for cohorts 1935-1945. I measure the profitability with the internal rate of return (IRR) and use high …

undergoing fundamental reforms in many Western countries. Starting with cohort 1937, Germany introduced permanent pension … deductions for early retirement. This paper examines the evolution of the profitability of pension contributions against the … background of this reform for cohorts 1935-1945. I measure the profitability with the internal rate of return (IRR) and use high …

expectancies at retirement and in the length of non-contribution periods resulting, for example, from child care or care for an ill … partner. Due to survivor pensions, married insurants benefit from higher IRR as compared to the non-married. Interestingly …

public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or not, but …

effects of public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or …

at policy in 13 reforming countries. It concludes that older workers are best excluded from reform, because the economic …

percentages for abating the old retributive pensions taking into account the distance from the effective age /seniority at … retirement at standard/pivotal values for age/seniority. …

Western societies. Starting with cohort 1937, Germany introduced permanent pension deductions for early retirement. This paper … examines the evolution of the profitability of pension contributions against the background of this reform for cohorts 1935 … the reform only cause some part of this trend, with a major part caused by increases in contributions. …

This paper investigates whether exchanging the Social Security delayed retirement credit, currently paid as an increase … voluntarily claim about half a year later if the lump sum were paid for claiming any time after the Early Retirement Age, and … about two-thirds of a year later if the lump sum were paid only for those claiming after their Full Retirement Age. Overall …

This paper investigates whether exchanging the Social Security delayed retirement credit (currently paid as an increase … voluntarily claim about half a year later if the lump sum were paid for claiming any time after the Early Retirement Age, and … about two-thirds of a year later if the lump sum were paid only for those claiming after their Full Retirement Age. Overall …