pension rights. We find that this exogenous shock to pension rights postpones expected retirement and increases participation …

Many pay-as-you-go pension systems have increased or plan to increase their legal retirement age (LRA) to address the …

reduction in hours of work, before retirement, on the moment of exit from the labor force. If, as often suggested, flexibility … in hours of work is a useful measure to postpone retirement, then a reduction in working hours should be associated with … retirement at later ages. Results prove otherwise suggesting that reducing hours of work before retirement is associated with …

on the job satisfaction of workers who are close to retirement. The reform implies that public sector workers born on …

retirement expectations of workers nearing retirement age. The reform means that public sector workers born on January 1, 1950 or …

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 …

The paper asks why retirement can be so abrupt in countries such as France (1/2% of the workforce over 65), yet staged … make little allowance for fair pension increases if retirement is deferred. While these laws have begun to change, we find …

first five waves of the Health and Retirement Study. We also provide model simulations for two widely discussed reform …