Projects (87)

The objective of this project is to compare how individuals make portfolio decisions in a low interest rate environment in the Netherlands and Norway. The units of analysis are individuals in the respective countries. We use two administrative datasets, which cover the complete population from 2005-2018 for the Netherlands, and from 1993-2017 for Norway. During this period, both countries experienced large fluctuations in short-term…

In response to population ageing and steady increases in life expectancy, governments in many developed countries are raising eligibility ages for retirement pensions. By doing so, they aim to reduce national pension expenditures and encourage older workers to delay retirement. While the literature shows that these policies generally have the desired effects (OECD 2012, Atav et al. 2019, Lindeboom and Montizaan forth.), there are…

Today, pension systems must deal with two open problems: their financial sustainability while facing both worldwide population aging and diffuse public finance distress; and their relationship with within- and between-generation rising inequality. These concerns are calling for structural reforms in many countries. We propose a new theoretical model to study the trade-offs entailed by all the possible combinations of retirement schemes (funded vs. unfunded…

This project will deal with the following research questions: What would implementation of the proposals of the Labor Foundation mean for the costs of the surviving dependents’ pension and on what does that depend in particular? How expensive, for example, is the continuation of the cover even after a short employment contract? How can the new contract be filled in to prevent the large…

There is a need from the SER to gain more insight into possible factors that hinder the promotion of diversity. Where possible, the research builds on existing knowledge (for example from MCPF, Pensioenlab, SEO). Furthermore, a qualitative research design is proposed. It is important to gain more insight into the perspectives that boards have on diversity and how this may affect their diversity policy…

Research questions are: – What is the existing division of roles between social partners and fund boards in determining and changing pension schemes? – Are there arguments to adjust this division of roles or to leave it as it is? What has been agreed about this in the development of the pension agreement? – What arguments are there for possible interpretation of the division…

This project will address the following topical questions: What are the arguments for a particular structure of the investment policy in the accrual and distribution phase of a Wvp contract? To what extent would one like to hedge interest rate risk or inflation risk for young people? How can a more realistic orientation of the contract have an effect on the design of a…

In the recent Netspar Brief / CPB Policy Brief ‘Low interest and the future of pensions’ (2020), the NDC pension (‘Non-Financial Defined Contribution’) is discussed as an alternative to – part of – the current second pillar of supplementary pensions . The NDC pension offers a supplementary pension, but on a pay-as-you-go basis within the first pillar. It includes all workers (including the self-employed)…

The goal of this project is to better understand inequality in old age, which might be increasing as a result of the policies to promote longer working lives. To reach this goal, the project will examine how and to what extent inequality in work, family and health trajectories over the pre-retirement life course influences inequality in retirement transitions and inequality in post-retirement economic, social…

In the new pension system, the importance of good choice guidance for participants by pension funds and administrators will increase. One is also faced with the difficult task of informing participants on the possibility that the pension benefits might be higher or lower. The prediction of the amount of the benefits and the margin of uncertainty, are often communicated visually. Such visualizations can be…