Efecto de la jubilación demorada y activa en el sistema de pensiones de la seguridad social española

  1. Ainara Arsuaga 1
  2. J. Iñaki De La Peña 1
  3. Ander Llorente 1
  1. 1 Universidad del País Vasco/Euskal Herriko Unibertsitatea
    info

    Universidad del País Vasco/Euskal Herriko Unibertsitatea

    Lejona, España

    ROR https://ror.org/000xsnr85

Journal:
Anales del Instituto de Actuarios Españoles

ISSN: 0534-3232

Year of publication: 2020

Issue: 26

Pages: 47-70

Type: Article

DOI: 10.26360/2020_3 DIALNET GOOGLE SCHOLAR lock_openOpen access editor

More publications in: Anales del Instituto de Actuarios Españoles

Sustainable development goals

Abstract

The Spanish Social Security system allows, under a number of conditions, both early retirement and delayed retirement above an ordinary retirement age. While the impact of early retirement has been studied, retirement after normal age has been left out. This paper will mainly deal with the analysis of late and active retirement and the individual impact they have on the social security pension system. A practical analysis will be made of the cost to the pension system of a worker based on the retirement mode chosen. From this analysis we will try to conclude which retirement modality benefits the Social Security the most.

Bibliographic References

  • Ayuso, M., Bravo, J.M and Holzmann, R. (2016). On the Heterogeneity in Longevity among Socioeconomic Groups: Scope, Trends, and Implications for Earnings-Related Pension Schemes. Global Journal of Human Social Science E, 17(1): 32-60. (in Spanish: Instituto BBVA de Pensiones, Working Paper 16/2016, March, Madrid: BBVA).
  • Brown, J.R.; Coronado, J.L. & Fullerton, D. (2009). Is Social Security Part of the Social Safety net? NBER WP 15070.
  • Burkhauser, R. V. & Warlick, J. L. (1981). Disentangling the annuity from the redistributive aspects of social security in the United States. Review of Income and Wealth, 27: 401–421.
  • Cichon, M.; Scholz, W.; van de Meerendonk, A.; Hagemejer, K.; Bertranou, F. & Plamondon, P. (2006). Financiación de la protección social . Madrid: Ministerio de Trabajo y Asuntos Sociales.
  • Cohen, L.; C.: Steuerle, E. & Carasso, A. (2001). Social Security Redistribution by Education, Race, and Income: How Much and Why. In Third Annual Conference of the Retirement Research Consortium Making Hard Choices About Retirement. Washington, DC
  • De La Peña, J.I. (2000). Planes de previsión social. Madrid: Editorial Pirámide (Grupo Anaya).
  • Devesa, J. E; Lejárraga, A. y Vidal, C. (2002). El tanto interno de rendimiento de los sistemas de reparto. Revista de Economía Aplicada, X (30): 109-132.
  • Dorfman, M. & Forteza, A. (2010). Strengthening Caribbean Pensions. Improving Equity and sustainability. Washington DC: World Bank.
  • Duval, R. (2003). The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries. OECD Economics Department Working Papers, 370, OECD Publishing. Paris. https:// doi.org/10.1787/308728704511 .
  • Gruber, J. & Wise, D.A. (1999). Social Security and retirement around the world: Introduction and summary. In Gruber, J. & Wise, D.A. eds. Social security and retirement around the World . Chicago: NBER.
  • Jimeno, J. F. y Licandro, O. (1999). La tasa interna de rentabilidad y el equilibrio financiero del sistema español de pensiones de jubilación. Investigaciones Económicas, XXIII (1): 129-143.
  • Leimer, D. R. (1999). Lifetime redistribution under the social security program: a literature sinopsis. Social Security Bulletin, 62 (2): 42-51. https://doi.org/10.1787/308728704511
  • Ley 27/2011, de 1 de agosto, sobre actualización, adecuación y modernización del sistema de Seguridad Social. Boletín Oficial del Estado. Madrid, España. 2 de agosto de 2011, Nº 184, pp. 87495-87544.
  • Ley 40/2007, de 4 de diciembre, de medidas en materia de Seguridad Social. Madrid, Boletín Oficial del Estado. Madrid, España. 5 de diciembre de 2007, Nº 291, pp. 1-25.
  • Liebman, J. B. (2001) Redistribution in the Current U.S. Social Security System. NBER WP 8625.
  • Maurer, R., & Mitchell, O. (2020). Older peoples ' willingness to delay social security claiming. Journal of Pension Economics and Finance , 1-16. https://doi.org/10.1017/S1474747219000404
  • Murphy, K.M. & Welch, F. (1998). Perspectives on the social security crisis and proposed solution. America Economic Review, 88 (2):142-150.
  • OCDE (2020). Economic Outlook, analysis and forecasts. Increasing Employment: the role of later retirement. http://www.oecd.org/economy/outlook/ increasingemploymenttheroleoflaterre tirement.htm
  • Pitacco, E. (1992). Lezioni di técnica attuariale delle assicurazioni libere sulla vita. Triestre: Edizioni Lint.
  • Real Decreto-ley 5/2013, de 15 de marzo, de medidas para favorecer la continuidad de la vida laboral de los trabajadores de mayor edad y promover el envejecimiento activo. Boletín Oficial del Estado . Madrid, España. 16 de marzo de 2013, Nº 65, pp. 21441-
  • Robalino, D. A. (2005). Pensions in the Middle East and North Africa. Time for change, Washington DC: World Bank.
  • Robichek, A. A. (1975). Interpreting the results of Risk Analysis. Journal of Finance, 30 (5): 1384-1390.
  • Rofman, R.P. & Lucchetti, L. (2006). Sistemas de Pensiones en América Latina: Conceptos y Mediciones de Cobertura. Discussion paper 0616. Washington DC: World Bank.
  • Schnabel, R. (1998). Rates of return of the German pay-as-you-go pension system, Public Finance Analysis, 55: (3) 374–399.
  • Seguridad Social. (2019). Proyecto de orden por la que se desarrollan los criterios técnicos para la liquidación de capitales coste de pensiones y otras prestaciones periódicas de la seguridad social. Ed. Ministerio de Trabajo, Migraciones y Seguridad Social.
  • Shoven, J., & Slavov, S. (2014). Does it pay to delay social security? Journal of Pension Economics and Finance, 13(2), 121-144. https://doi.org/10.1017/S1474747213000309
  • Taucer, R. (1976). Un criterio di preferibilità tra usuali forme assicurative sulla vita umana. En Raccolta di Scriti per il cinquantesimo aniversario , 1924-1974. Facoltà de Economia e Commercio. Triestre: Università di Triestre.
  • Whitehouse, E. R. & Zaidi, A. (2008). Socio-Economic Differences in Mortality: Implications for Pensions Policy. OECD Social, Employment and Migration Working Papers, 71. OECD Publishing.