Actuarial Neutrality and Financial Incentives for Early Retirement in the Austrian Pension System

This paper takes a closer look at the existing early retirement schemes in Austria and analyses whether early retirement imposes a financial burden on the pension system (actuarial neutrality). Additionally, we compute incentive-neutral deductions for early retirement. These deductions reflect the v...

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Bibliographic Details
Main Authors: Christl Michael, Kucsera Dénes
Format: Article
Language:English
Published: Sciendo 2019-04-01
Series:Danube
Subjects:
Online Access:https://doi.org/10.2478/danb-2019-0001