This technical briefing note draws on the experience of running “Defined Ambition” style pension plans in the Netherlands. The recent experience of the Netherlands offers lessons for plans with similar risk-sharing or collective elements that could be established in the UK. 

Extending working lives was one of the key objectives of the so-called Lisbon strategy in 2000 and still is an integral part of the European Employment Strategy. It is also seen by successive Dutch cabinets as part of the answer to the ageing of the labor market and the challenge of keeping the social welfare state affordable. The prolongation of working life after retirement is one example of how this policy objective can be realized.

In this paper we study the retirement patterns of couples in a multi-country setting using data from the Survey of Health, Aging and Retirement in Europe.

This paper investigates the role of productivity as a determinant of the worker’s retirement intentions. Using an overlapping generation framework, we analyze the retirement decision of a cohort of workers being ability heterogeneous.

This thesis studies the effects of redistribution and risk sharing in collective pensions on economic behaviour, with particular attention paid to the retirement decision.

Workers who report a change in their expected retirement age in 2014 most often cite the poor economy (25 percent), according to a new report from the nonpartisan Employee Benefit Research Institute.

The paper studies retirement behavior of wage‐earners in Belgium – for the first time using rich survey data to explore retirement incentives as faced by individuals.

China’s new Rural Pension scheme, announced in October 2009, is destined to be the world’s largest, at least in terms of membership. By the time it is fully implemented, in 2012, it will comprise some 600 million members, with about 105 million receiving benefits at that time.

In this paper we study the retirement patterns of couples in a multi-country setting using data from the Survey of Health, Aging and Retirement in Europe.

This working paper assesses the impact of the economic crisis on European pension systems and provides a comparative overview of the measures imposed on European pension systems, together with their effects.

Longevity risk arising from uncertain mortality improvement is one of the major risks facing annuity providers and pension funds. In this paper we show how applying trend models from non-life claims reserving to age-period-cohort mortality trends provides new insight in estimating mortality improvement and quantifying its uncertainty.