Annuity markets around the world are playing a growing role in pension provision as defined contribution personal pension systems are introduced and mature.

This paper investigates empirically the fiscal and welfare trade-offs involved in designing a pension system when workers can avoid participation by working informally. A dynamic behavioral model captures a household’s labor supply, formal/informal sector choice and saving decisions under the rules of Chile’s canonical privatized pension system.

Parat tar kampen om pensjonsrettighetene til de kabinansatte i Norwegian til rettsapparatet.

En bedre pensjonsordning på jobben er like attraktivt som høyere lønn, viser en ny undersøkelse.

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.

A distinguishing feature of Finnish society is that the baby-boom generations are exceptionally large. Finland has already entered the stage of demographic transition where the share of the working-age population is declining because of the population ageing. This is expected to continue at an accelerating rate during the next two decades.

Externalities in leisure are an important determinant of partners’ retirement strategies. This is the first study that quantifies the extent to which partners actually spend more leisure time ‘together’ upon retirement.

The main goal of any pension system is to ensure that members receive an adequate pension income when they retire. Whilst traditional defined benefit (DB) pension plans set out what that pension income will be in advance and then strive to deliver it, the growing number of defined contribution (DC) plans accumulates a sum of assets which can then be turned into a pension income on retirement.

This review has compiled the key indicators used in assessing pension policy. It offers a concise and comprehensible overview of the realised development of the length of working lives, pension levels and the estimated costs of the future development.

The regulatory environment for funded pension schemes varies across countries. While the purpose of pension provision institutions worldwide is broadly similar, i.e., to safeguard retirees’ welfare, national regulations are heterogeneous. In this paper, we analyze the extent to which the type of regulation and its quality can influence a pension system’s financial performance in a cross-country analysis.

This paper assesses the cost and risk faced by public sector, defined benefit plan providers arising from uncertain mortality, including longevity selection, mortality improvements, and unexpected systematic shocks.

We investigate the relationship between rule-based versus risk-based regulatory choices in different countries and the real investment performance of their pension funds. Pension systems in countries with more mature risk-based regulatory regimes tend to demonstrate superior investment performance.