2017

In response to the challenges of population aging, many countries have introduced gradual increases of the statutory eligibility age and shut down pathways to early retirement. There are, however, many incentives left which create early retirement, in particular earnings tests and less than actuarial adjustmaent rates, both of which are still frequent in Europe.

Like many other developed countries, Norway is facing a rapid ageing of its population that is attributed to both falling mortality and fertility rates in the past and projected life-expectancy increases over the next several decades. According to United Nations (2015), it is projected for Norway that by 2060, the share of the population 65+ will increase to over 25% (from 16% in 2015) and the potential support ratio will drop to 2 people in the labour force for each person aged 65 years and over.

This report reviews the change in retirement behaviour in Sweden, Norway and Finland after recent old-age pension reforms and, particularly, how flexible retirement together with the establishment of early old-age pensions has affected pension take-up and at what age do people draw their pensions.

Det er mange spennende pensjonsprosesser på gang denne høsten, blant annet arbeidet med pensjonskonto og ny IPS-ordning. Disse og flere andre aktuelle temaer blir belyst under årets pensjons- og forsikringskonferanse.

Årets pensjons- og forsikringskonferanse finner sted på Sundvolden Hotel 21.-22. november.

Many studies in the literature on retirement continue to treat retirement as an absorbing state (an individual who is retired will not start working again) and consider work and retirement as mutually exclusive conditions, despite the fact that the post-retirement participation rate has strongly tended upward in the past three decades.

Job-changing among late-career workers increased steadily from the 1980s through the mid-2000s before declining somewhat in recent years.  This study asks how the rise in job-changing – which seems largely voluntary – affects retirement timing and whether this effect varies by a key measure of socioeconomic status: educational attainment. 

We analyze the potential role of adverse working conditions and management practices in the determination of employees' retirement behavior.

Flexible retirement is supposed to increase labor supply of older workers without touching the third rail of pension politics, the higly unpopular increase of the retirement age. While this may have intuitive appeal, this paper shows that it might be wishful thinking.

This article addresses the role of pillars and their interaction in the overall system in the countries studied and how this interaction contributes to overall risk sharing. This is analysed through a detailed modelling of theoretical net replacement rates and a comparative analysis of the multi-pillar pension systems in Canada, Denmark, the Netherlands and Sweden.

Det blir stadig klarere at den enkelte må spare mer til egen pensjon. En ny og transparent spareordning med skattesymmetri er derfor viktig både for den enkelte og samfunnet.

Det skal være mere attraktivt for seniorer at blive længere på arbejdsmarkedet, og det skal kunne betale sig at spare op til pension. Sådan lyder hovedbudskaberne i det tilbagetrækningsudspil, som regeringen netop har fremlagt.

Fredrik Haugen & Sissel Rødevand

Etter pensjonsreformen i 2011 kan alle ta ut folketrygd og privat tjenestepensjon allerede fra 62 år. Det går også an å jobbe ved siden av uten å få avkortet pensjonen. Dermed kan årene fra 62 til 67 år bli en «gullalder» for de som får pensjon samtidig som de jobber.