Adequate retirement paths in defined contribution and defined benefits pension schemes

Alicja Jajko-Siwek

Abstract

An adequate pension benefit is one of the most important values for future pensioners. They want to know how they should live, and what kind of decisions they should make in their family and work life in order to achieve an adequate pension. This article aims to identify a life trajectory which leads to an adequate pension in different pension schemes. The defined contribution and defined benefit pension scheme is considered. This research has been done by using sequence analysis and cluster analysis. The data used in the study come from the third round of SHARE 50+ in Europe (SHARELIFE). The results show differences in people’s life trajectories depending on the type of pension system to which the future pensioners belong. An adequate pension in DC system is connected with longer time of education and longer seniority. People in that kind of pension system retire later and they have less children.
Author Alicja Jajko-Siwek (WIiGE / KE)
Alicja Jajko-Siwek,,
- Department of Econometrics
Pages98-109
Publication size in sheets0.55
Book Chybalski Filip, Marcinkiewicz Edyta (eds.): Contemporary problems of intergenerational relations and pension systems: a theoretical and empirical perspective , 2018, Politechnika Łódzka, Lodz University of Technology Press , ISBN 978-83-7283-900-8, 282 p.
Keywords in Polishadekwatność, świadczenie emerytalne, analiza sekwencji
Keywords in Englishadequacy, pension benefit, sequence analysis
URL http://konferencja-emerytalna.pl/files/xmarticles/items/0/PenCon%20Proceedings_2018.pdf
Languageen angielski
Score (nominal)20
Score sourcepublisherList
ScoreMinisterial score = 20.0, 24-01-2020, ChapterFromConference
Publication indicators WoS Citations = 0
Citation count*1 (2020-09-14)
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