Financial factors clearly influence retirement decisions, as everyone would like to have sufficient income when they leave the workforce. But numerous studies find that such factors are only a small part of the story. Non-financial considerations clearly contribute to the decision to retire.

How do the elderly spend their time? How does time use of the elderly differ from younger people? This paper uses a technique developed by Nobel Prize winner Daniel Kahneman and his colleagues to address these questions for the situation in the Netherlands.

Pensjon er forbundet med risiko som det er umulig å kvitte seg med. Spørsmålet er hvem som skal ta den største risikoen? Pensjon er risiko rett og slett fordi det dreier seg om langsiktig sparing; altså det vi tjener opp av pensjon i løpet av yrkeskarrieren.  Dagens pensjonslandskap plasserer i stor grad risikoen på enkeltindividet.

Pensjon oppleves som komplisert og vanskelig å forstå, og noe som få setter seg inn i. Om du har passert 50 år er det spesielt viktig å bruke litt tid på å finne ut av pensjonsrettighetene dine. Fafo-forsker Geir Veland tar film i bruk for å forklare pensjon.

People born in the 1940s will receive a real return on their pension contributions of approximately 5 per cent. The equivalent rate for those born in the 1970s and later is estimated to be an ample two per cent. The return rate is higher for women since they live longer than men do.

Many believe that people are saving less for retirement due to the shift from defined benefit (DB) to defined contribution (DC) plans. The analysis uses National Income and Product Accounts data, with adjustments, to compare DB benefit accruals with DC contributions from 1984-2012.

Handelshøyskolen BI inviterer til seminar med Nobel-prisvinner i økonomi, professor Robert C. Merton 9. oktober. Finansiering av framtidas pensjonisttilværelse er en global utfordring, og Mertons nåværende forskning dreier seg om hvordan vi kan løse denne utfordringen.

We analyse the effects of retirement of one partner on home production by both partners in a couple. Using longitudinal data from Germany on couples, we control for fixed household specific effects to address the concern that retirement decisions are correlated with unobserved characteristics that also affect home production.

Population ageing can contribute to a shortage in labour supply. An obvious and popular response to this is to encourage workers to delay their retirement.

Jobbe lenger enn til 67 år? Det er store forskjeller mellom offentlig og privat tjenestepensjon når det gjelder hvor lenge du kan jobbe uten at det får konsekvenser for pensjonen din. Effekten er avhengig av hvilken situasjon du er i når du ønsker å pensjonere deg.

Increasing life expectancy has made working longer both more necessary and more possible, but the relationship between an individual’s survival expectations and his planned retirement age is unclear in the existing literature. This study uses the Health and Retirement Study and an instrumental variables (IV) approach to examine how subjective life expectancy influences planned retirement ages and expectations of working at older ages, and how individuals update those expectations when they receive new information.

Rising life expectancy makes defined benefit pension plans more expensive.The question is the extent to which state and local plans have already incorporated rising life expectancy into their cost estimates.