Arbeitspapier
Flexible Pension Take-up in Social Security
This paper studies the redistribution and welfare effects of increasing the flexibility of individual pension take-up. We use an overlapping-generations model with Beveridgean pay-as-you-go pensions, where individuals differ in ability and life span. We find that introducing flexible pension take-up can induce a Pareto improvement when the initial pension scheme contains within-cohort redistribution and induces early retirement. Such a Pareto-improving reform entails the application of uniform actuarial adjustment of pension entitlements based on average life expectancy. Introducing actuarial non-neutrality that stimulates later retirement further improves such a flexibility reform.
- Sprache
 - 
                Englisch
 
- Erschienen in
 - 
                Series: Tinbergen Institute Discussion Paper ; No. 13-091/VI
 
- Klassifikation
 - 
                Wirtschaft
Social Security and Public Pensions
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Retirement; Retirement Policies
 
- Thema
 - 
                redistribution
retirement
flexible pensions
Flexible Altersgrenze
Rentenreform
Wohlfahrtsanalyse
Umlageverfahren
Pareto-Optimum
Overlapping Generations
Theorie
 
- Ereignis
 - 
                Geistige Schöpfung
 
- (wer)
 - 
                Adema, Yvonne
Bonenkamp, Jan
Meijdam, Lex
 
- Ereignis
 - 
                Veröffentlichung
 
- (wer)
 - 
                Tinbergen Institute
 
- (wo)
 - 
                Amsterdam and Rotterdam
 
- (wann)
 - 
                2013
 
- Handle
 
- Letzte Aktualisierung
 - 
                
                    
                        10.03.2025, 11:42 MEZ
 
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Objekttyp
- Arbeitspapier
 
Beteiligte
- Adema, Yvonne
 - Bonenkamp, Jan
 - Meijdam, Lex
 - Tinbergen Institute
 
Entstanden
- 2013