Fehr, Hans; Fröhlich, Adrian - 2023
(DP) or old-age pensions (OAP), de-pending on eligibility rules and the generosity of the two programs. Our policy … analysis focus on the increase in the normal retirement age (NRA) from age 65 to 67 (Reform 2007) and the recent increase in … the maximum assessment age (MAA) for DP benefits (Reform 2018). In contrast to the first reform, the second reform received …