completely different work incentives from age 62. The reform removed a strict retirement earnings test such that pension wealth …We provide empirical evidence that the removal of work disincentives embedded in retirement earnings tests can increase … based on a reform of the Norwegian early retirement program, which entailed that adjacent birth cohorts were exposed to …

Many defined-benefit pension systems in developed and developing countries use a small set of final years of earnings … to compute pension benefits. This provides dynamic incentives to report higher earnings in the final years of the career …-calculation window, combined with the discrete change in the probability of retirement at the minimum retirement age. We find that …

In January 2006, the Dutch government implemented a pension reform that substantially reduced the public pension wealth … assess the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male ….We show that retirement expectations are in line with realizations and that the reform had the intended effect on the …

We compare two policies of increasing British state pension provision: (a) increase the pensionable age of men and … women, (b) maintain the existing retirement age but require older workers to work longer per-period hours. There are reasons …-off between later retirement versus increased work intensity, produce relevant background facts, and provide estimates of the …

-defined pension benefits and standard retirement ages. Moreover, those who report that they do not know when they expect to retire do … retirement plans of middle-aged workers (aged 45-55). Our results indicate that approximately two-thirds of men and more than … half of women appear to be making standard retirement plans. At the same time, more than one in five individuals seem to …

of pension rights, which is perceived as unfair, causes a larger reduction in job motivation the stronger workers … their pension rights resulting from a pension reform in 2006, to that of slightly older employees who remain entitled to … more generous pension benefits. Job motivation is significantly lower among negatively reciprocal employees who were …

By increasing the residual working horizon of employed individuals, pension reforms that raise minimum retirement age … individual health. Using the exogenous variation in minimum retirement age induced by a sequence of Italian pension reforms … are likely to affect the returns to investments in health-promoting behaviours before retirement, with consequences for …

We investigate the unemployment pathway to retirement in Germany and study the causal effects of two early retirement … reforms. Reform 1 (NRA) increased normal retirement age stepwise from 60 to 65. Simultaneously, it became possible to use … early retirement with benefit discounts. Reform 2 (ERA) increased the age of early retirement stepwise from 60 to 63. We …