Public pay-as-you-go pensions still form the dominant pillar of old-age provision in Germany. This is in marked …

The Chilean pension system was hit hard during 2020-2021 by the withdrawal of 25 per cent of the individual pensions … funds accumulated by 2019, an amount equivalent to 20 per cent of Chile's GDP. We estimate here the impact of those … pensions, including its heterogeneity matrix to simulate the distribution of pension impacts. The withdrawal impact decreases …

program rules can encourage more pension contributions, while others push for universal non-contributory pensions. This paper … nonfinancial obstacles. At the same time, pensions are imperfect substitutes for other strategies to cover longevity risk …. Therefore, policy makers should integrate the design of contributory pensions, social pensions, and policies that facilitate …

ahead. For defined benefit pensions, we find that less than half of individuals who were offered a choice chose the lump sum …