2016

By increasing the residual working horizon of employed individuals, pension reforms that raise minimum retirement age are likely to affect the returns to investments in health-promoting behaviours before retirement, with consequences for individual health.

In this study we investigate the future development of the so-called pension gap. First, we simulate the pension gap and the filling of this gap under different assumptions for the so-called “standard pensioner”. Second, we examine the savings behavior of German households and the individual possibilities to close the pension gap.

In order to study whether public pension systems displace private saving, we use the quasi-experimental variation in pension wealth created by Poland's 1999 pension reform. Using the 1997–2003 Polish Household Budget Surveys, we begin by estimating "difference-in-differences" regressions, where we compare household saving and expenditure across time and between cohorts affected and unaffected by the reform.

As people age, their reaction times slow, flexibility diminishes, and strength declines. These changes in physical and sensory abilities are easy to spot. Thus, research on retirement timing assumes that people in blue-collar jobs, which often rely on these abilities, will retire relatively early. Conversely, researchers often assume that white-collar workers can retire later. But the cognitive abilities needed for many white-collar jobs, like memory and mental speed, also decline with age.

The 26th wave of the Retirement Confidence Survey (RCS), the longest-running survey of its kind in the nation, finds that American workers’ confidence in their ability to afford a comfortable retirement has maintained its increase after the record lows experienced between 2009 and 2013. However, retiree confidence in their ability to afford a comfortable retirement continued to increase in 2016.

The capital requirements for insurance companies under the Solvency II regulatory regime are working fine and are appropriate for all defined benefit pension schemes, not just those incorporated as insurers, the head of Oslo Pensjonsforsikring (OPF) says.

Pensjonsreformen har gitt seniorene en helt unik fleksibilitet. Du kan velge når du vil starte uttaket av alderspensjon fra du er 62 til du er 75 år, og du kan fritt kombinere pensjonen med arbeid uten at pensjonen blir redusert.

De tradisjonelle ytelsespensjonene i privat sektor er kraftig redusert. Det er nå 400 000 færre arbeidstakere med en slik ordning enn det var for ti år siden. Veksten i innskuddspensjon fortsetter.

Pension policy reforms across the world in recent decades are a reaction to the changing demographic and socioeconomic environment. While pension scheme redesign has received much attention, the tax treatment of contributions, returns, and benefits of retirement savings remains mostly unattended and the taxation of internationally portable pensions is terra incognita for economists.

Folketrygdens alderspensjonsprodukt er reformert, og med dette har dagens tjenestepensjonsordning i offentlig sektor i Norge fått en fremtoning som er lite tilpasset. Dette gjelder selv om produktet har fått innbakt en levealdersjustering. Sistnevnte element har bidratt til at tjenestepensjonsordningens generøsitet har blitt svært avhengig av når man er født, og til dels når pensjon tas ut.

Spørsmålet om opptjening av pensjon fra første krone var tema i lønnsoppgjøret i år. Nå må du i de aller fleste tilfeller tjene rundt 90 000 kroner før pensjonssparingen begynner. Det er også unntak for arbeidstakere under 20 år og for dem som jobber mindre 20 prosent. Men reglene er ikke absolutte.

The National Retirement Risk Index (NRRI) measures the percentage of working-age households that are at risk of being unable to maintain their pre-retirement standard of living in retirement. It addresses one of the most compelling challenges facing the nation today: ensuring retirement security for an aging population.