Discussion Papers no. 115

A microsimulation study

The future burden of public pension benefits

The microsimulation model MOSART is used to analyse the long run development in disability and old-age pensions covered by the Norwegian National Insurance System. The number of pensioners will increase relative to the number of workers, leading to a growing tax burden on future generations. It is found that among those born before the year 2000, early generations possess a larger pension wealth (the discounted value of payments and received benefits) as a per cent of life time labour income than later generations. The paper discusses changes in the rules for determining pension benefits and the consequences of going from a pay-as-you-go system to a funded system.

Om publikasjonen

Tittel

The future burden of public pension benefits. A microsimulation study

Ansvarlige

Leif Andreassen, Dennis Fredriksen, Olav Ljones

Serie og -nummer

Discussion Papers no. 115

Utgiver

Statistics Norway, Research Department

Emne

Discussion Papers

Antall sider

28 bl.

Målform

Engelsk

Om Discussion Papers

Discussion papers comprise research papers intended for international journals and books. A preprint of a Discussion Paper may be longer and more elaborate than a standard journal article as it may include intermediate calculations, background material etc.

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