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The Retirement of the Migrant Labor Force: Pension Portability and Beyond

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  • Alain Jousten

Abstract

The specificities of the workforce with a migrant background are often neglected in studies of retirement. Similarly, many studies of migration’s impact on pensions often focus on aggregate outcomes—system sustainability or distributive characteristics. The present article provides a fresh look at the nexus between these two literatures. It discusses the impact of the European social security coordination mechanisms on individual decision making and on the functioning of social security systems—with a focus on retirement. The article argues that such effects are nonnegligible and are likely to have major policy consequences. (JEL Codes: F22, H75, J26, J61)

Suggested Citation

  • Alain Jousten, 2015. "The Retirement of the Migrant Labor Force: Pension Portability and Beyond," CESifo Economic Studies, CESifo, vol. 61(2), pages 416-437.
  • Handle: RePEc:oup:cesifo:v:61:y:2015:i:2:p:416-437.
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    File URL: http://hdl.handle.net/10.1093/cesifo/ifu002
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    Cited by:

    1. Robert Holzmann, 2016. "Do bilateral social security agreements deliver on the portability of pensions and health care benefits? A summary policy paper on four migration corridors between EU and non-EU member states," IZA Journal of European Labor Studies, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 5(1), pages 1-35, December.
    2. Bernd Genser & Robert Holzmann, 2019. "National Pension Policy and Globalization: A New Approach to Strive for Efficient Portability and Equitable Taxation," Working Paper Series of the Department of Economics, University of Konstanz 2019-04, Department of Economics, University of Konstanz.
    3. Fabrizio Balassone & Sandro Momigliano & Marzia Romanelli & Pietro Tommasino, 2018. "Just Round the Corner? Pros, Cons, and Implementation Issues of a Fiscal Union for the Euro Area," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2018(1), pages 5-34.
    4. Taha, N. & Messkoub, M. & Siegmann, K.A., 2013. "How portable is social security for migrant workers?," ISS Working Papers - General Series 50162, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.

    More about this item

    JEL classification:

    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers

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