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In 1995, the UK government legislated to increase the earliest age at which women could claim a state pension from 60 to 65 between April 2010 and March 2020. This paper uses data from the first two years of this change coming into effect to estimate the impact of increasing the state pension...
Persistent link: https://www.econbiz.de/10009713947
In a previous study we examined the impact on employment of increasing the state pension age for women from age 60 to 61 (Cribb, Emmerson and Tetlow, 2013). This short paper incorporates more recent data, now available up to March 2014, which allows us to study the impact on employment over the...
Persistent link: https://www.econbiz.de/10010385004
such changes. Retirement has increasingly become a decision made jointly by a couple rather than individually by one … retirement decision despite age differences between partners. This joint determination of retirement has important implications …
Persistent link: https://www.econbiz.de/10011430745
standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the … minimum pension program is a key welfare program and a major influence on the retirement decisions of low-income workers and …-income workers to retire as soon as they become eligible for the program, which is often earlier than the normal retirement age. …
Persistent link: https://www.econbiz.de/10011420305
We study the transitions from career to gradual and permanent retirement by a sample of (Continental) European males … the cross country and time variation in employment protection legislation and minimum retirement age to study whether … policies that have increased minimum retirement age and reduced the strictness of employment protection legislation have raised …
Persistent link: https://www.econbiz.de/10010205769
simulates the career of a representative sample of the working-age population and their path in retirement. It replicates and … the financing gap, further increasing the retirement age after 2030 in line with life expectancy gains appears to be the …
Persistent link: https://www.econbiz.de/10012630056
the point would vary at the individual level depending on the cohort and the effective age of retirement based on …
Persistent link: https://www.econbiz.de/10012111056
When the challenges of population aging are being debated, the uncertain future of pension systems is a topic of high priority and large controversy. The aim of this chapter is not to provide a “consensus view” on social security and public insurance in aging populations but to put structure...
Persistent link: https://www.econbiz.de/10014023471
Health and Retirement Study, we compare respondents' observed Social Security claiming ages and benefits with subjective …
Persistent link: https://www.econbiz.de/10014247944
In recent decades, many states have reduced future retirement benefits for newly hired teachers. We estimate that in … 2020 the average initial monthly retirement benefit, for teachers retiring with 30 years of service, is 11.2 percent lower …
Persistent link: https://www.econbiz.de/10013388828