Table 19 Formality path with the third policy experiment: 25 years of formal work as FP requirement

From: Pension schemes and labor supply in the formal and informal sector

	General		Low education		Medium education		High education
	Benchmark	Policy	Benchmark	Policy	Benchmark	Policy	Benchmark	Policy
23–28	0.399	0.398	0.265	0.264	0.481	0.484	0.615	0.619
29–34	0.619	0.620	0.512	0.513	0.692	0.694	0.778	0.780
35–44	0.756	0.758	0.651	0.628	0.852	0.853	0.854	0.854
45–54	0.747	0.720	0.544	0.544	0.943	0.894	0.904	0.848
55+	0.831	0.807	0.764	0.743	0.875	0.839	0.933	0.922

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