Today’s Unemployment Is Tomorrow’s Pension Crisis

A02

Formal saving and return

GSX:POP-002:A02 · Model assumption · Version 1.0

Machine-readable 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.

Sensitivity: high. Provenance: Manuscript profile table.

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