Chile implemented pension withdrawals during the pandemic at a much larger scale than
other OECD countries. Estimating a life cycle model with survey data, I find that households …

Amid the extraordinary economic effects of COVID‐19, some policymakers have turned to
retirement accounts to support individuals in financial hardship. Given the haste, the long …

Este documento contiene un análisis detallado del estado actual del sistema de pensiones
peruano. El documento enumera y describe los retos principales que el sistema de …

The potential for pension funds to contribute to capital markets and thereby economic growth
has been argued on a theoretical basis and demonstrated empirically. However, reforms …

We show statistical evidence that pension fund withdrawals and the Emergency Family
Income (EFI) increased the likelihood that a laid off construction worker would reject a …

This paper examines what factors drive non-default investment choice among more than
7000 older plan participants in the Singaporean Central Provident Fund (CPF), and …

For a retiree who must maintain both investment and longevity risks, we consider the impact
on decision making of focusing on an objective relating to the terminal wealth at retirement …

We randomly offer to workers in Chile personalized versus generalized information about
their pension savings and forecasted pension income. Personalized information increased …

This paper contributes to research on defined contribution (DC) retirement plans by
examining how financial knowledge and demographic factors influenced Chile's pension …

A fundamental goal of any pension system is to ensure that members receive an adequate
income when they retire. Although traditional defined benefit pension plans set out how …