providing pensions to the elderly. Such systems may aim to smooth consumption and thus provide reliable income to older people … treatment of men and women in retirement security even when lifetime earnings and projected average life expectancy may differ … greatly. The increasing share of the elderly in the population of all countries makes implementation of sustainable pension …

This paper studies empirically the consequences of retirement on health. We make use of a targeted retirement offer to … army employees 55 years of age or older. Before the offer was implemented in the Swedish defense, the normal retirement age … for a reduction in both mortality and in inpatient care as a consequence of the early retirement offer. Increasing the …

threefold increase in the legal minimum pension on labor supply and retirement behaviour at older ages. Applying difference …The retirement decision is under researched in developing and emerging countries, despite the topic's close relation to … income effect that caused additional retirement of 30 to 47 percent. Additional evidence suggests that retirement incentives …

comprehensive measure of Total Reward (TR) which includes not just pay, but pensions and other 'benefits in kind', evaluate it as … sector by the end of their career. We suggest that the current controversy over public-private sector pension differentials …

This paper investigates the impact of financial incentives on early retirement behaviour for high and low wage earners … birth cohorts of workers who are eligible to a transitional early retirement scheme. The empirical results show that low … wage earners are, as predicted by the model, more sensitive to financial incentives. This implies that low wage earners …

identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most …Many Belgian retire well before the statutory retirement age. Numerous exit routes from the labor force can be … prominent ones. We analyze the retirement decision of Belgian workers adopting an option value framework, and pay special …

The paper studies retirement behavior of wage‐earners in Belgium – for the first time using rich survey data to explore … retirement incentives as faced by individuals. Specifically, we use SHARE data to estimate a model à la Stock and Wise (1990 … explicitly takes into account the different take‐up rates of the various early retirement exit paths across time and ages. The …

-sector pension provision. In assessing the role of private-sector pensions, it is common to concentrate exclusively on the issue of … whether early retirement penalties or late retirement benefits are actuarially fair. We argue that this focus is unbalanced … since private-sector pension arrangements have significant implications for governments' finances. When private pensions …

Recent literature makes a distinction between 'voluntary' and 'involuntary' early retirement, where 'involuntary' early … retirement results from employment constraints rather than from a preference for leisure relative to work. This paper analyzes … 'voluntary' and 'involuntary' early retirement based on international microdata covering 19 industrialized countries. The results …