1887

OECD Social, Employment and Migration Working Papers

This series is designed to make available to a wider readership selected labour market, social policy and migration studies prepared for use within the OECD. Authorship is usually collective, but principal writers are named. The papers are generally available only in their original language - English or French - with a summary in the other.

English, French

Socio-Economic Differences in Mortality

Implications for Pensions Policy

The analyses included in the report show that there are big socio-economic differences in mortality, especially for men, and they appear to have become bigger over time. The report discusses implications of mortality differentials for five major areas of pension policy: the progressivity of the pension system, the pension eligibility age, the retirement incentives, future pension expenditures and private pensions. The empirical work shows that the mortality differentials reduce progressivity in pension systems. Moreover, there is empirical evidence that raising retirement age is not more unfair to socio-economic groups with lower life expectancy.

English

JEL: J14: Labor and Demographic Economics / Demographic Economics / Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination; H55: Public Economics / National Government Expenditures and Related Policies / Social Security and Public Pensions; I1: Health, Education, and Welfare / Health
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