Should pension provisions differ by occupation? We study the optimality of allowing the
pension policies to differ by occupation when individuals differ in longevity and occupation …

Abstract Using data from the 1992, 1998, 2004, and 2010 waves of the Health and
Retirement Study (HRS), this paper compares pension participation, pension wealth …

Many OECD countries have addressed the issue of increased longevity by mainly
increasing the retirement age. However, this kind of reforms may lead to substantial transfers …

This is the first study to investigate the distribution of retirement time. We apply hot-deck
imputation to Health and Retirement Study data to construct a synthetic sample of people …

In this study, we show with the help of a simple model that an increase of the retirement age
has a negative impact on the distribution of pension benefits in the Bismarckian as well in …

Whether increases to statutory retirement ages will have the anticipated effect in countries of
the Organization for Economic Co-operation and Development (OECD) depends on whether …

At the same time that longevity has been increasing, expected investment returns have
fallen below historical levels. Figure 5.1 shows Society of Professional Forecasters' …

In this study, we show with the help of a simple model that an increase of the retirement age
has a negative impact on the distribution of pension benefits in the Bismarckian as well in …

We develop valuation and risk techniques for the future benefits of a retiree who participates
in the American Social Security program based on their chosen date of retirement, the term …

Abstract Social Security “Catch-Up” contributions would allow workers to contribute an
additional 3.1 percent of salary, starting at age 50, in return for enhanced benefits. We …