The above talk was given by Monika Buetler (Universitaet St. Gallen) at the 2014 Pension Research Council Conference; Buetler spoke about her research into Switzerland’s three pillar pension system.
From the video description:
This paper takes Switzerland’s much praised three pillar system to illustrate some of the challenges pension system reforms face in an ageing society. It shows that policy makers are confronted by both individuals with behavioral anomalies and by others strategically exploiting the system. The trade-off between incentives and providing adequate retirement income limits policy options, especially if reforms do not want to impose too many restrictions on individual choice and avoid excessive burdens for the young generation. Reforms can also be seriously challenged by political constraints, in particular institutions of direct democracy.