Hougaard Jensen, Svend Erik; Thorsteinn Sigurdur Sveinsson - 2019
utility due to the longevity of other groups participating in the same pension scheme. Linking retirement age to average life …We find that segments of society who have shorter life expectancy can expect a lower retirement income and lifetime … expectancy magnifies the negative effect on the lifetime utility of those who suffer low longevity. Furthermore, when the income …