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Extending working lives is often proposed as one route through which the costs associated with population ageing can be managed. In that context, understanding who currently works for longer can help policymakers to design policies to facilitate longer working. In particular, it is important to...
Persistent link: https://www.econbiz.de/10011881446
Governments are increasingly concerned about the capacity of pensions systems to meet demands in the coming years … well-informed about pensions. However, there are many reasons to believe that individuals may not be well-informed due to … the complexity of pensions systems and degrees of myopia. In this paper, we assess levels of knowledge of pensions using a …
Persistent link: https://www.econbiz.de/10010125872
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 …
Persistent link: https://www.econbiz.de/10010223618
labour market career may reflect lower rates of retirement among the self-employed compared to employees, as well as …-employed people at older ages in Ireland results from lower retirement rates among the self-employed and not from transitions from … form of supplementary pension cover than the employed. These lower retirement rates and lower degrees of pension cover …
Persistent link: https://www.econbiz.de/10011881438
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 …
Persistent link: https://www.econbiz.de/10010369753
This paper documents the patterns and correlates of retirement in China using a nationally representative survey, the … China Health and Retirement Longitudinal Study (CHARLS). After documenting stark differences in retirement ages between … and that rural residents continue to work until advanced ages. Differences in access to generous pensions and economic …
Persistent link: https://www.econbiz.de/10012621584
It is a challenge for politics that an aging population leads to demands that the retirement age is increasing while … the labour market. However, the regulations have become more restrictive in the last decade and early retirement usually … leads to a lower pension. In this article, we map options for early retirement in other countries. We have found five main …
Persistent link: https://www.econbiz.de/10013209886
The size of the public sector in terms of employment and compensation has a strong life-cycle dimension. We establish a quantitative partial-equilibrium life-cycle model with incomplete markets, private and public sectors, and risk-averse workers, and use it to (i) calculate three dimensions of...
Persistent link: https://www.econbiz.de/10012184057
of leaving to early retirement. The wage is not affected. …
Persistent link: https://www.econbiz.de/10010510690
groups, i.e. people in the first half of the 60s of which many are eligible for early retirement programs and people older … than 65 mostly eligible for social security retirement programs. For these two age groups the actual development in labor … analyzed based on available micro data. Policy reforms and changes in the retirement area have been enacted since the mid-1990s …
Persistent link: https://www.econbiz.de/10011347283