Description: This paper addresses some of the issues arising from the combination of lower birth rates and increasing life expectancy, which have become more pronounced over the past 40 years in Canada and many other countries, too. The paper examines the effect of a gradual increase in retirement ages in order to attempt to maintain the “senior dependency ratio” at or close to its current level.

Description: Chapter 7 develops a model of calculating the cost of managing funds in the Mexican pension system. From Retrospective and Perspective Analysis of the Privatized Mandatory Pension System in Mexico, M-RS02-1.

Description: The author finds that misperceptions and lack of an appropriate context are the reason that illiquid investments - in particular annuities- have been the less desirable component of a retirement plan. The paper also suggests several catalysts that could spark a dramatic reversal of the current situation. From the 2011 Enterprise Risk Management Symposium, March 2011.

Description: Chapter 3 describes the current situation in Mexico by which new workers must be a part of the mandated defined contribution plan. Older workers may opt to stay with the former defined benefit system. From Retrospective and Perspective Analysis of the Privatized Mandatory Pension System in Mexico, M-RS02-1.

Description: Six appendices, all but the first detailing the AFOREs. From Retrospective and Perspective Analysis of the Privatized Mandatory Pension System in Mexico, M-RS02-1.

Description: This paper examines how the costs in Canada of life insurance, medical care, disability, and retirement are impacted by increases in longevity. The paper then examines possible courses that policy action may take, and then proposes directions that employers may take in designing employee benefit programs.

Description: Chapter 8 describes the behavior of the AFOREs, how the funds could have performed minus the restrictions, and private company performance. From Retrospective and Perspective Analysis of the Privatized Mandatory Pension System in Mexico, M-RS02-1.

Description: This paper develops a set of retirement decision propositions, which hypothesize that the heuristic of Anchoring and the resulting cognitive biases described by Prospect Theory will influence the chosen retirement age. .