1957-2097: Analysis of lifetime net pension benefits of participating age cohorts (1932- 1988) to ABP pension fund. ABP's pension scheme does not yield actuarial fair results, as it transfers from young (1963-1988) to old (1932-1962). The largest beneciaries (Generations Lucky) are age cohort 1947 through 1949, Generations Unlucky are age cohorts 1978 and 1987. Lifetime net pension benets range between { 3.7 bln euro and 5.3 bln euro (in terms of 2014 euros). This study shows that adjusting pension benets is a potent instrument, and should not be regarded as a last resort.

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Jacobs, B.
hdl.handle.net/2105/33386
Business Economics
Erasmus School of Economics

Haan, F. (2016, February 24). Generation Lucky?. Business Economics. Retrieved from http://hdl.handle.net/2105/33386