Project Aim
The aim of the project was to conduct and empirical investigation of the implications of the reformed pension system for benefit adequacy, social redistribution and gender equality while taking account also of the incentive structure provided by the new system of pension accrual.
Module A
The project has been organised in three modules: The first module (A) comprises studies of the incentive structure created by the new system of pension accrual as well as its possible effects on labour supply using available up-to-date register data for the adult Norwegian population (FD-trygd).
Module B
In the second module (B) we used the dynamic micro-simulation model (MOSART) developed by Statistics Norway to gain new insights into the distributive implications of the reformed system in a diachronic lifetime perspective. The sub-studies of this module included analyses of the intra-cohort distribution of pension benefits, the impact of family sensitive benefit components on the distribution of household disposable income, and how the redistribution life-time income achieved by the pension system is modified by social inequalities in life-expectancy.
Module C
The third module (C) used in depth qualitative interviews and web-based surveys to study the way individuals and couples relate to the new system of pension accrual both in terms of its perceived fairness, its expected adequacy, and its motivational effect on labour supply. We focused in particular on the mixture of what we call 'family sensitive benefit components' in the reformed system: credits for child rearing, bequest of pension rights between married spouses, and differentiation of minimum benefits between singles and couples.
Project Organisation
The project was carried out in collaboration between Institute for social research (ISF) and Statistics Norway (SSB).