We investigate numerically how indexation of funded pensions for inflation can be differentiated across the various … rather than shifts in the benefit of risk sharing provided by the system. -- indexation ; funded pensions ; welfare effects …

scheme ("second pillar") that will provide increasing amounts of supplementary pensions to those entering retirement in the … reforming the system, highlighting their potential impact on pension finances, public budgets, and retirement incomes. …

We investigate numerically how indexation of funded pensions for inflation can be differ-entiated across the various …

incentives should increase the effective retirement age in line with population aging. As a systemic reform approach NDC has … retirement age; in the NDC approach the individual retirement age above the minimum age is by design self-selected and by … adequate pensions for the average contributor. This paper offers a largely nontechnical introduction to NDC schemes, their …

This paper examines the possibility of embedding public long-term care (LTC) insurance within the retirement pension …

system. The cohort effect, by contrast, results in winners and losers in PAYG systems. Taking Germany as an example and using …