It is common practice for public pension schemes to offer individuals the option to delay benefit claiming until after … imply that deferring benefit claiming is suboptimal, irrespective of the preferences of the individual. Specifically, we … derive preference-free conditions under which delaying benefit claiming is dominated by claiming benefits early, and using …

Supply-side Social Security reforms intended to increase employment and delay benefit claiming among older individuals … age discrimination protections were associated with delayed benefit claiming and increases in employment, with benefit … claiming pushed from 65 to the new FRA, and increased employment after age 62 and age 65 that is then curtailed at the new FRA. …

It is common practice for public pension schemes to offer individuals the option to delay benefit claiming until after …-liquidity constrained individuals, delaying benefit claiming for a number of years after retirement is optimal from a utility perspective in … conditions under which the accrual offered by the public pension scheme for delaying benefit claiming is less than actuarially …