According to economic theory, “well-being” is measured better by consumption rather than by income. Furthermore, pre- and postretirement spending requirements are very different: Before retirement, people pay FICA taxes, incur work-related expenses, and set money aside for retirement.

The financing of retirement has become a vital topic in the United States as more and more Baby Boomers rapidly approach the traditional retirement age of 65. This group, with birth years 1946–1964 (ages 49-67), currently totals just over 75 million people and will greatly change the demographics of the nation as it continues to age.

This research studies the propensity of individuals to violate implications of expected utility maximization in allocating retirement savings within a compulsory defined contribution retirement plan. The paper develops the implications and describes the construction and administration of a discrete choice experiment to almost 1200 members of Australia`s mandatory retirement savings scheme.

Flexible work arrangements and retirement options provide one solution for the challenges of unemployment and under employment, aging populations, and unsustainable public pension systems in welfare states around the world.

Yrkesaktiviteten etter fylte 50 år var i 2013 på det høyeste nivået siden 2001. Målet i IA-avtalen er likevel bare nådd i fem fylker.

Styringsgruppen bevilget 28 millioner kroner til tre nye forskerprosjekter i forbindelse med Evaluering av pensjonsreformen (EVAPEN).

LO-leder Gerd Kristiansen er glad for at partene kom fram til et anbefalt forslag i meklingen, og gratulerer Fellesforbundet med et godt resultat.

We report the results of two laboratory experiments that study how university student and staff participants chose retirement savings investment options using ‘user friendly’ information prescribed by regulators.

Through more than five years of economic crisis, the European Social Model has been challenged and re-defined in many ways.

Economic incentives behind retirement decisions come up in discussions around pension reforms. The 2005 pension reform in Finland was designed to also encourage longer working careers.