The cost of capital is an important factor determining the premiums charged by life insurers issuing life annuities. Insurers will be able to offer more finely priced annuities if they can reduce this cost whilst maintaining solvency. This capital cost can be reduced by hedging longevity risk with longevity swaps, a form of reinsurance.

Theoretical studies suggest that unexpected changes in future survival probabilities, that is, longevity risk, are important determinants of individuals’ decision making about consumption, saving, allocation of assets, and retirement timing.

De LO-tillitsvalgte er opptatt av pensjon og engasjerer seg i de endringene som pågår på arbeidsplassene i privat sektor. Svært mange har en minimumsordning, og flertallet ønsker å få på plass brede, tariffestede ordninger. Samtidig er usikkerheten om pensjon svært stor.

In 2010, only 19 percent of individuals ages 50-58 whose household incomes were less than 300 percent of the poverty line participated in a pension of any kind at their current jobs, compared to 56 percent of those above 300 percent of poverty. This paper investigates this pension gap.

Besides compensation and financial incentives, several other work-related factors may affect individual retirement decisions. Specifically, job characteristics such as autonomy, skill variety, task significance and difficulty, stress and physical demands, peer pressure and relations with co-workers, play a crucial role in determining psychological commitment to work at older ages.

In this paper we estimate the interdependence of labour force participation decisions made by Australian couples from 2001 to 2011. We focus on couples with a mature age husband, and estimate the interdependence of the participation decision of the couple.

Increasing longevity and decreasing workers-to-non-workers ratio are among the key demographic challenges of the developed world. Working longer is a potential remedy. However, little is known about how increasing longevity is distributed between work and retirement.

Former workers at Ireland’s Waterford Crystal have won a landmark ruling on their pensions. The European Court of Justice found that the Irish state did not adequately protect the pension entitlements of the workers when Waterford Crystal became insolvent in 2009.

Nå er det klart, alderspensjonister i kommunesektoren kan jobbe samtidig som de tar ut pensjon, også i etter 2013. Kommunale pensjonister kan jobbe så mye de vil til en timelønn på 175 kroner timen pluss eventuelle ordinære tillegg for ubekvem arbeidstid.