Most of Europe’s flexible pension solutions have failed, argued Prof. Börsch-Supan at a research seminar at the Finnish Centre for Pensions in early September. Although the pension reforms carried out in nine OECD countries have raised the employment rates of 55–64-year-olds, the number of working hours has gone down or stayed at the same level as before.
Read more about the inefficient pension reforms in the most recent English Summary (Työeläkelehti 4:2018) published this week. The English Summary also includes an account of Liisa-Maria Palomäki‘s doctoral dissertation on the income satisfaction paradox, of pension insurance for grant recipients and automated A1 certificate decisions.
Työeläkelehti is a free-of-charge magazine directed at earnings-related pension experts. It is published five times a year by the Finnish Centre for Pensions.