Preprint

Actuarial neutrality and financial incentives for early retirement in the Austrian pension system

This paper studies actuarial neutrality in the Austrian pension system. It is often argued that actuarial neutrality constitutes an incentive for people to retire. We show that there are almost no financial incentives within the Austrian pension corridor, when we use the traditional definition of actuarial neutrality. Taking taxation into account, our results suggest that financial incentives for early retirement stem mainly from the Austrian tax system and not from the pension system itself.

Language
Englisch

Classification
Wirtschaft
Retirement; Retirement Policies
Social Security and Public Pensions
Subject
actuarial neutrality
early retirement
pension system
retirement

Event
Geistige Schöpfung
(who)
Kucsera, Dénes
Christl, Michael
Event
Veröffentlichung
(who)
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
(where)
Kiel und Hamburg
(when)
2016

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Preprint

Associated

  • Kucsera, Dénes
  • Christl, Michael
  • ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft

Time of origin

  • 2016

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