We characterize the optimal default fund in a defined contribution (DC) pension plan. Using detailed data on individuals and their holdings inside and outside the pension system, we find substantial heterogeneity among default investors in terms of labor income, financial wealth, and stock market participation.

Pension coverage in the private sector has shifted from defined benefit plans, where professionals make investment decisions, to 401(k) plans, where participants are responsible for their own investment strategy. The supposition is that individuals are not very good at investing their own money and face high fees. The question is whether this supposition is borne out by the facts. That is, are returns on defined contribution plans markedly lower than those on traditional defined benefit plans?

Stor forskjell i forventet levealder mellom ulike yrkesgrupper. Yrker med krav til høyere utdanning har ofte lavere dødelighet enn yrker uten krav til utdanning.

Yrker med krav til høyere utdanning har ofte lavere dødelighet enn yrker uten krav til utdanning. Forskjellen er størst blant menn.

From April 2015, as part of the Coalition Government’s ‘Freedom and Choice’ reforms, UK citizens aged 55 and over have been allowed to access money they have saved into their pension in whatever way they want.

In aging societies, information on how to reform a pension system is essential to policy makers. This study scrutinizes the introduction of early retirement disincentives by a major pension reform in Germany.

«Brede ordninger» vil spille en sentral rolle i tariffoppgjørene i 2016. I denne artikkelen viser Jon M. Hippe og Sven Iver Steen hvordan dagens regelverk ikke er tilpasset en innføring av felles brede ordninger som omfatter flere foretak. De diskuterer endringsbehov og hvordan endringer kan gjennomføres i dagens regelverk. Artikkelen er publisert i Arbeidsrett 02/2015.

Arbeids- og sosialdepartementet offentliggjør i dag en utredning av en ny pensjonsløsning for ansatte i offentlig sektor, samt overgangsordninger. Rapporten er utarbeidet av en arbeids­gruppe.

Den norske Forsikringsforening arrangerer 26. januar sin årlige forsikringskonferanse i Ingeniørenes hus, Kronprinsens gate 17.

1. januar 2015 ble enda en stor og viktig reform satt i kraft i Norge. Denne gang er det folketrygdens uførepensjon og er en viktig del av den store pensjonsreformen, som startet i 2004. Felles for hele reformen er at arbeid skal lønne seg.

Pension coverage in the private sector has shifted from defined benefit plans, where professionals make investment decisions, to 401(k) plans, where participants are responsible for their own investment strategy. The supposition is that individuals are not very good at investing their own money and face high fees. The question is whether this supposition is borne out by the facts. That is, are returns on defined contribution plans markedly lower than those on traditional defined benefit plans?

In recent years in Finland, the extension of working life and the future sustainability of public-sector finances have been topics of extensive discussion. The EU Commission has encouraged Finland to consider linking the retirement age to the extending life expectancy. After the 2005 pension reform, changes in life expectancy were taken into account in the form of a life expectancy coefficient that regulates pension levels.

In several countries where pensions are reformed and the retirement age is increased, the issue came up to make an exception for workers with demanding occupations, since health considerations may make it unreasonable to expect them to work longer. We analyze unique Dutch survey data on the public's opinions on what are demanding occupations, on whether it is justified that someone with a demanding occupation can retire earlier, and on the willingness to contribute to an earlier retirement scheme for such occupations through higher taxes.