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In the summer of 2020 the Dutch government and social partners have agreed on a pension reform involving the transformation of occupational pensions from the current defined-benefit (DB) based contract into a new defined contribution (DC) contract with some additional collective features. This involves a unique operation as all current DB entitlements—also those already built up—are expected be converted into DC type capital accounts.

Ricky Kanabar and Adriaan Kalwij examine individuals’ retirement behaviour in response to changes in the State Pension  eligibility age introduced in various Pension Acts in the UK. The findings show the probability of retirement increases sharply once individuals become eligible for State Pension, by 40 pp and 34 pp for men and women respectively.

Retirement ages in the United States have been rising for decades but the continuation of this trend depends on employers in the future looking to fill jobs that older workers can do. This study considers whether the occupations that are projected by the Bureau of Labor Statistics to grow faster by 2030 are those that are suitable for older workers.

As governments try to contain rising expenditure on retirement pensions by increasing eligibility ages, there are concerns that such reforms disproportionately affect poorer households. Using detailed longitudinal data, I examine this trade-off in the context of an Australian reform that increased women’s pension-eligibility age from 60 to 65.

Many, but not all, self-employed people have been hit hard by the COVID-19 crisis. However, this crisis not only affects the current financial position of these individuals but may also affect their ability to prepare for an uncertain future.

This paper shows that labor demand plays an important role in the labor market reactions to a pension reform in Germany. Employers with a high share of older worker inflow compared with their younger worker inflow, employers in sectors with few investments in research and development, and employers in sectors with a high share of collective bargaining agreements allow their employees to stay employed longer after the reform.

23. og 24. mai 2022

Konferansen er for ansatte i pensjonskassene, styremedlemmer og andre som jobber med pensjonskasser. Konferansen er også relevant for offentlige myndigheter, ulike leverandører og organisasjoner.

The 2021 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the past two years. Moreover, the special chapter focuses on automatic adjustment mechanisms in pensions systems in OECD countries, discusses the usefulness and limitations of these policy instruments, and suggests ways to improve them in order to enhance the capacity of pension systems to fulfil their objectives.

Observed increases in retirement age are generally attributed to policies to extend working lives (PEW). In a quasi-experimental design we examine to what extent  increases in employment of older workers can be attributed to secular changes in individual characteristics as opposed to PEW. We compare two countries: one with clear PEW (the Netherlands) and one without PEW (Norway).

Den Norske Aktuarforening (DNA) inviterer til digitalt seminar med temaer som opptar aktuarene og forsikringsbransjen. Seminaret er også åpent for ikke-medlemmer av DNA.

Does productivity decline with age? Does population aging harm economic growth? We exploit process-generated data from a large and typical service-sector company. We find no decline in average productivity in the age range of 20-60. This result is precisely measured.

De som velger å arbeide uten å ta ut tidlig alderspensjon blant ledere og ansatte i akademiske- eller høyskoleyrker har forholdsvis store pensjonsformuer. Slik er det ikke for de resterende yrkesgruppene. Her har de som arbeider langt mindre pensjonsformue enn de som tar ut alderspensjon.