Amsterdam, 2 October 2004. More than 300,000 supporters of the political opposition and members of labour unions went to Amsterdam to demonstrate against the plans of the government to abolish the favourable tax treatment of early retirement schemes in the Netherlands.

This paper examines some of the main behavioral patterns that determine personal saving, investment, and retirement decisions, and considers ways to move them in a socially desirable direction.

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

Pensjonsforum ønsker alle sine medlemmer en riktig god sommer. Vi sees til nye seminarer til høsten.

The OECD Review of the Irish Pension System recommends that the Government put in place either a universal basic pension scheme or a single means-tested pension, both topped up with a compulsory private pension.

The government’s Railroad Retirement program is a clear anomaly in the U.S. economic landscape. The program taxes employers and workers in a specific private-sector industry to provide pensions to workers in that industry. Like Social Security, Railroad Retirement had been funded on a pay-as-you-go basis, with Trust Fund assets invested in government bonds.

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. Specifically, we use SHARE data to estimate a model à la Stock and Wise (1990). Exploring the longitudinal nature of SHARELIFE, we construct measures of financial and non?financial incencentive.

This paper estimates a structured life cycle model of family retirement decision using a unique historical dataset back simulated from Living in Ireland survey.

The paper deals with the question of whether it is possible to combine the insights and recommendations of optimal individual lifecycle investing with the proven gains of defined benefit pension funds. These gains primarily stem from cost efficiency and (intergenerational) risk sharing.

For most people, during their working lifetime, tax payments have effectively been on “autopilot”. They have benefitted from being a part of the “Pay as You Earn” (PAYE) system. This has meant that a combination of HM Revenue & Customs (HMRC) and employers have ensured that on each pay day, an employee has paid broadly the right amount of tax. If a person has been a higher rate taxpayer the benefits of PAYE have still applied.