TY - GEN AU - Lacomba Arias, Juan Antonio AU - Lagos García, Francisco Miguel PY - 2005 UR - http://hdl.handle.net/10481/31474 AB - This paper analyzes the reform of the pensionable age as an answer to the future financing problems of public pension systems. We use a two-staged model where, firstly, the government decides the redistribution level of the pension system, and,... LA - eng PB - Universidad de Granada. Departamento de Teoría e Historia Económica KW - Legal retirement age KW - Pension benefits KW - Redistribution level TI - Postponing the legal retirement age ER -