Conference Agenda
Overview and details of the sessions of this conference.
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Some information on the session logistics:
If not stated otherwise, the discussant is the following speaker, with the first speaker being the discussant of the last paper. The last speaker of each session is the session chair. (Exception: invited sessions)
Presenters should speak for no more than 20 minutes, and discussants should limit their remarks to no more than 5 minutes. The remaining time should be reserved for audience questions and the presenter’s responses. We suggest following these guidelines also in the (less common) 3-paper sessions in a 2-hour slot, to allow participants to move between sessions. Discussants are encouraged to avoid summarizing the paper. By focusing on a few questions and comments, the discussants can help start a broader discussion with the audience.
Only registered participants can attend this conference. Further information available on the congress website https://www.iseg.ulisboa.pt/en/event/iipf/ .
Venue address: ISEG - Lisbon School of Economics & Management, R. Francesinhas 21, 1200-675 Lisboa, Portugal
Please note that all times are shown in the time zone of the conference. The current conference time is: 17th Sept 2026, 11:37:38am WEST
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Daily Overview |
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E11: Optimal Pension System Design and Ageing Location: Room 112 (Francesinhas 1) | |
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The Quantitative Importance of Skill-dependent Mortality in Pension Designs University of Applied Sciences Western Switzerland (EHL, HES-SO), Switzerland Highly educated individuals live longer, on average. Using an overlapping-generations model calibrated for Austria, I investigate the influence of skill-dependent mortality on public pension designs with an aging population. I focus on pension reforms which seek financial balance and avoid redistribution, such as notional defined contribution systems. Simulations show that ignoring the skill-dependence in mortality in standard notional defined contribution systems, where pension benefits adjust automatically, has negligible macroeconomic and welfare impacts. However, ignoring skill-dependence in mortality in the design of skill-dependent retirement age reforms leads to pro-skill biases. In realistic cases, high-skilled households could gain the equivalent of 9.5% of lifetime consumption and other households lose 4.0% of lifetime consumption. Reforms of special pension regimes or policy actions aiming at reducing early retirement, which implicitly depend on skill, should thus be designed with skill-dependent mortality in mind.
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