Harmonising Male and Female Retirement Age by 2030
The study was designed to project the effect which raising the women's retirement age to that of men will have on the old-age dependency ratio and on the financial management of the pension insurance scheme for the dependently employed (ASVG). The WIFO pension model was used, first, to simulate a "2019 scenario" which provides for raising the women's retirement age in stages from 2019 (on model-specific grounds) until 2030, as provided by the law, and, second, to calculate an advanced version ("2009 scenario") which considers harmonisation to be performed between 2009 and 2020.