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Focal retirement ages are a central feature of Social Security programs around the world, and provide a potentially … powerful tool for policy makers who are interested in reforming retirement systems to address the growing funding shortfalls … retirement system in Finland, featuring a relabeling of retirement ages with modest and continuous changes in financial …
Persistent link: https://www.econbiz.de/10012481389
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the …
Persistent link: https://www.econbiz.de/10012461938
the one hand and old-age labor force participation or early retirement on the other hand. We explore how both are linked … childhood environment and early retirement by analyzing the retirement behavior of cohorts born during World War I, a period of … harsh living conditions among the civilian population in Germany. Our data show higher early retirement rates among those …
Persistent link: https://www.econbiz.de/10012461577
Persistent link: https://www.econbiz.de/10003633400
Persistent link: https://www.econbiz.de/10002582617
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 …
Persistent link: https://www.econbiz.de/10012478887
Retirement Around the World. This project, which compares the experiences of a dozen developed countries, was launched in the mid … project document that social security program provisions can create powerful incentives for retirement that are strongly … affect retirement, whether there is a link between older employment and youth unemployment, and whether older individuals are …
Persistent link: https://www.econbiz.de/10012480931
the fact that the state retirement pension does not become available to men until age 65, half of men aged 60-64 were … economically inactive in the mid 1990s. The main element of the state retirement pension is flat rate, and for most people is … earned as a result of extra contribu- tions. Overall the state retirement pension system offers no incentives for people to …
Persistent link: https://www.econbiz.de/10012472660
A structural retirement model is estimated using data for tenured, male faculty employed in the 1970's at 26 high … quality private colleges and universities. Simulations of raising and then abolishing the mandatory retirement age suggest … early retirement incentive programs would offset only a small fraction of the increase in work due to changes in mandatory …
Persistent link: https://www.econbiz.de/10012475427
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