Reinforcing the Link Between Contributions and Pensions: The Effect of the Population Aging

Juan Lacomba () and Francisco Lagos

International Advances in Economic Research, 2006, vol. 12, issue 4, 530-539

Abstract: In this paper, we analyze a majority voting process on the earnings-related part of pension benefits in a Social Security system with flexible retirement. We show that the aging of the population may make it easier to implement one of the proposed reforms to achieve a delay in the average retirement age of workers, to reinforce the link between contributions and pensions. Copyright IAES 2006

Keywords: Social Security; aging; flexible retirement; earnings-related pensions; H55; J26 (search for similar items in EconPapers)
Date: 2006
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DOI: 10.1007/s11294-006-9045-z

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