The delayed retirement credit (DRC) increases monthly OASI (Old Age and Survivors Insurance) benefits for primary … beneficiaries who claim after their full retirement age (FRA). For many years, the DRC was set at 3.0 percent per year (0.25 percent …

and retirement status of the elderly. Standard linear estimators, which assume that these variable sare continuous, are … endogeneously determined health status affects the probability of retirement and how changes in social security benefits and …

We consider the retirement behavior of civilian employees of the United States government. Unlike previous studies … and employer-provided pensions for which employees are (or ultimately will be) eligible. These data permit us to specify … the financial aspects of individual retirement decisions with a reasonable degree of precision. A large fraction of civil …

This study examines empirically whether social security influences the retirement decisions of individuals. The …'s income and substitution effects are included in a model for examining retirement decisions. This model is based on the model … from the Social Security Administration and are particularly well suited for this study. Retirement models are estimated …

"contributions" of employees and employers to the social security retirement and survivors fund …

This study examines the impact of social security on the retirement of married men aged 60-70 years. The empirical … retiring) denoted SSW. This variable measures social security's effect on retirement. The estimated effects are significant and … considerable. When SSW in-creases from $35,000 to $55,000 the probability of retirement rises by .15 for 62-64 year olds relative …