{"id":"GSX:POP-002:A02","local_id":"A02","name":"Formal saving and return","statement":"Formal workers save 15 percent and the private account earns a smooth 3 percent net real return. Retirement begins at 60. The private pension is price-indexed and calibrated to last through age 100.","value":"15","unit":"percent saved by formal workers","type":"model assumption","provenance":"Manuscript profile table","evidence_strength":"model assumption","sensitivity":"high","alternatives":["Informal saving of 5 percent","Persistent-exclusion saving of 3 percent"],"href":"https://greyscienx.com/research/population-futures/todays-unemployment-is-tomorrows-pension-crisis/assumptions/A02"}