Two Decades of Pension Reform: What has been Achieved and What Remains to be Done?

Whitehouse, Edward; D’Addio, Anna Cristina; Chomik, Rafal; Reilly, Andrew

doi:10.1057/gpp.2009.30

Cited by 45 publications

(28 citation statements)

References 6 publications

(1 reference statement)

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“…Norway, Sweden, United Kingdom, and Italy are examples of countries that have implemented or are currently implementing such pension reforms (OECD, 2013;Whitehouse, D'Addio, Chomik, & Reilly, 2009). Although the content of the reforms differs across countries, most aim to secure the financial sustainability of the pension system and to increase labor force participation in later life by economically rewarding senior workers who delay retirement.…”

Section: Introductionmentioning

confidence: 99%

Changes in Health and Health Behavior Associated With Retirement

et al. 2016

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Objectives: While poor health contributes to early work exits, it is less clear how early work exits affect health. This study therefore examines changes in health associated with retirement. Method: Survey data from gainfully employed individuals aged 57 to 66 in 2002 were used to assess changes in health status and behaviors associated with retirement (49%) 5 years later (N = 546). Results: Compared with workers, retirees were more likely to report improvements in mental health (odds ratio [OR] = 1.67), and less likely to report mental health deteriorations (OR = 0.56). Retirees were more likely to both increase (OR = 2.03) and reduce (OR = 1.87) their alcohol intake, and to increase physical activity (OR = 2.01) and lose weight (OR = 1.75). Discussion: As welfare states aim to extend working life to counteract repercussions of population aging, findings on possible health benefits for retirees may warrant more focus on the pros and cons of a prolonged working life.

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Section: Introductionmentioning

confidence: 99%

Changes in Health and Health Behavior Associated With Retirement

et al. 2016

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“…basically changed the structure of their old-age pension system on the basis of the concept of a multi-stage system proposed by the World Bank. Whitehouse et al (2009) divides six main objectives of all the reforms carried out:…”

Section: The Analysis Of Pension Systems and Their Reformsmentioning

confidence: 99%

“…In order to achieve the last objective derived by Whitehouse et al (2009), the security or pension funding diversification, the World Bank defined the concept of the pension system (averting the old age Crisis, 1994), which promoted a lot of debate in the scientific area. Some scientists (Orszag, Stiglitz, 1999;Kotlikoff, 1999;Barr, 2002) have criticized these proposals for reform by saying that they are unfounded, called them myths, but, as a result, a number of Latin american and the post-communist countries still chose to carry out the reforms according to the suggestions of the World Bank.…”

Section: The Analysis Of Pension Systems and Their Reformsmentioning

confidence: 99%

“…The author notes that in addition to conventional measures, such as reducing benefits and increasing contributions, the reforms of social security and labour law were implemented. However, both antolín and Stewart (2009) and Whitehouse et al (2009) agree that, facing the economic crisis, the government has adopted short-term practical solutions, while long-term strategic goals remained forgotten.…”

Section: The Analysis Of Pension Systems and Their Reformsmentioning

confidence: 99%

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