Flexibility and Redistribution in Old Age Insurance
Schweizerische Zeitschrift für Volkswirtschaft und Statistik / Revue Suisse d'Economie politique et de Statistique / Swiss Journal of Economics and Statistics, Volume 138, Issue 4, 2002, Pages 427-437
Keywords
Social Security, Flexibility of Pension Plans, Redistribution
Abstract
The reform of old age insurance is one of the pressing problems of Swiss Society. A key policy issue in the ongoing debate is flexibility to better suit the different individual needs of pensioners. This paper argues that more flexible retirement options can have strong impacts on both the solvency of a pension system and the distribution between and within generations.