This paper explores possible alternatives for the current Dutch first pillar pension scheme (AOW). It presents the welfare, labour market, saving and unintended bequest effects of a shift from a Beveridge towards a Bismarck system in which the pension rights depend on the labour market history.

Finland has a pension system that, in a unique way, combines a compulsory legislative basis, similar benefits for all, partial funding and private organization of the pension provision.

Finland’s retirement income system is both comprehensive and robust. Its design is consensus-driven, covers the entire workforce, provides adequate pensions, facilitates worker mobility, and is institutionally robust.

This paper estimates the propensity to retire and the persistence of remaining retired once the decision to retire has been made in the US labour market, using a dynamic panel probit model.

This paper studies the effect of pensions on the distribution of wealth in Finland. We use a combination of survey and register data, including register information on earned pension rights.

Dette notatet gir en oversikt over utviklingen i det private tjenestepensjonsmarkedet i Norge i perioden 2002 – 2012.

Tove Midtsundstad og Roy A. Nielsen har undersøkt om om forebyggende tiltak og tilrettelegging av arbeid på bedriftsnivå påvirker sykefraværet blant arbeidstakere som er 50 år og eldre. Svaret er at effekten av tiltakene er avhengig av hvilken sektor og bransje arbeidstakerne jobber i.

It is estimated that transitioning to a low-carbon, and climate resilient economy, and more broadly greening growth over the next 20 years to 2030 will require significant investment and consequently private sources of capital on a much larger scale than previously. With their USD 28 trillion in assets, pension funds - along with other institutional investors - potentially have an important role to play in financing such green growth initiatives.

The pensionable age is the most visible parameter of retirement-income systems. This paper surveys pensionable ages in the OECD for a period of a century: back to 1950 and forward to 2050.

This paper identifies and estimates the impact of early retirement on the probability to die within five years, using administrative micro panel data covering the entire population of the Netherlands.

A period of protracted low interest rates is a feasible, even if not the most likely, scenario going forward and such a scenario would adversely affect pension funds and insurance companies.

This paper examines the role of guarantees in DC pension plans, in particular minimum investment return guarantees during the accumulation phase. The main goal is to assess the cost and benefits of different return guarantees.