The prospect of the baby boomers reaching retirement in the near future is an economic concern for most OECD countries. The future costs of their pension schemes and the escalating health care costs are coming on top of already stretched budgets. In Australia, a three-pillar system (the three pillars being the Age Pension, compulsory and...

Simon Kelly, Ann Harding and Richard Percival use microsimulation to make projections of the superannuation assets of people entering retirement over the next 40 years. They consider the impact of a change in superannuation policy -- namely, a higher level of compulsory contribution -- from both the individual and government perspective.

The profile of the Australian population is ageing. That is to say, the proportion of the population aged 65 years and over is rising and is projected to rise further over the next fifty years. Demographers say the group aged 65+ is likely to increase from around 12 per cent today to around 25 per...

Will the current superannuation arrangements in Australia provide adequate retirement incomes for women?