Table 18 Formality path with the second policy experiment: 35 years of formal work as FP requirement and 20 years of formality as Advanced age pension requirement

23–28

0.399

0.398

0.265

0.264

0.481

0.480

0.615

0.612

29–34

0.619

0.622

0.512

0.513

0.692

0.697

0.778

0.780

35–44

0.756

0.746

0.651

0.628

0.852

0.851

0.854

0.857

45–54

0.747

0.757

0.544

0.550

0.943

0.955

0.904

0.924

55+

0.831

0.891

0.764

0.838

0.875

0.937

0.933

0.949