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effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that labor market participation and retirement behavior in general are strongly influenced by the level …
Persistent link: https://www.econbiz.de/10011440834
effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that retirement behavior is strongly influenced by the level of disincentives. Further, disincentives …
Persistent link: https://www.econbiz.de/10011595496
data points to a reduction in residential crowding and retirement, especially from occupations associated with high …
Persistent link: https://www.econbiz.de/10014235352
The Swiss model of retirement savings and benefits distinguishes itself in several aspects. The system is successful in … to annuitise their capital at retirement. In addition, not only does the retirement scheme offer annuity benefits at … retirement, but it also offers annuity benefits on disability and death. In this paper we describe the Swiss social security …
Persistent link: https://www.econbiz.de/10014046510
. It aims to assess the cost of converting retirement benefit into a life care annuity with graded benefits using a pre … would be no exaggeration to say that embedding long-term care coverage into the retirement system in the USA might not be …
Persistent link: https://www.econbiz.de/10012968945
retirement decisions. In 2000 and 2002 the Teacher Retirement System increased the benefit levels of all employees covered by the … force. Additionally I find that a 10 percent increase in forward looking incentives decreases the probability of retirement …
Persistent link: https://www.econbiz.de/10012948462
The primary motivation for retirement savings policy is the view that many of us, if left to our own devices, will not … save enough for retirement. Special tax subsidies for employer-sponsored retirement plans — a principal component of the … federal policy scheme — have made such plans the predominant vehicle for private savings for retirement. A growing body of …
Persistent link: https://www.econbiz.de/10013019967
Pensions may be provided for in a modern society by several methods, viz., voluntary individual savings, mandatory fully funded occupational pension systems, and mandatory social security financed by pay-as-you-go. The specific mixture of the three systems we will call the pension composition....
Persistent link: https://www.econbiz.de/10012916335
disability insurance within the retirement pension system. The underlying framework supporting the actuarial balance relies on a …
Persistent link: https://www.econbiz.de/10012903481
Most Americans have not estimated how much they need to save for retirement. This lack of awareness may contribute to … low levels of retirement savings. We investigate the relation between planning and retirement wealth. Those who have … estimated how much they need to save for retirement have significantly higher retirement wealth. Respondents who rely on an …
Persistent link: https://www.econbiz.de/10013089188