Arbeitspapier

The Future Burden of Public Pension Benefits A Microsimulation Study

The microsimulation model MOSART is used to analyse the long run development in disability and old-age pensions covered by the Norwegian National Insurance System. The number of pensioners will increase relative to the number of workers, leading to a growing tax burden on future generations. It is found that among those born before the year 2000, early generations possess a larger pension wealth (the discounted value of payments and received benefits) as a per cent of life time labour income than later generations. The paper discusses changes in the rules for determining pension benefits and the consequences of going from a pay-as-you-go system to a funded system.

Language
Englisch

Bibliographic citation
Series: Discussion Papers ; No. 115

Classification
Wirtschaft
Subject
Disability
demography
microsimulation
pension benefits.

Event
Geistige Schöpfung
(who)
Andreassen, Leif
Fredriksen, Dennis
Ljones, Olav
Event
Veröffentlichung
(who)
Statistics Norway, Research Department
(where)
Oslo
(when)
1994

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Andreassen, Leif
  • Fredriksen, Dennis
  • Ljones, Olav
  • Statistics Norway, Research Department

Time of origin

  • 1994

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