retirement system in Finland, featuring a relabeling of retirement ages with modest and continuous changes in financial …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 …

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 …

Oregon's Public Employees Retirement System (PERS) is a rich setting in which to study the effect of pension design on … employer costs and employee retirement-timing decisions. PERS pays retirees the maximum benefit calculated using three formulas … employer's perspective, we show that this "maximum benefit" calculation is costly. Average ex post retirement benefits are 54 …

retirement spells has been steadily increasing. We estimate the response of retirement timing to variations in unemployment rate …, inflation and housing prices. Flows into both full and partial retirement increase significantly when the unemployment rate … rises. Workers around normal retirement age are especially sensitive to variations in the unemployment rate. Workers who are …

We examine the role of self-employment in retirement transitions using a panel of administrative tax data. We find that … the hazard of self-employment increases at popular retirement ages associated with Social Security eligibility …, particularly for those with greater retirement wealth. Late-career transitions to self-employment are associated with a larger drop …

is larger. We provide suggestive evidence that the evolution of retirement incentives has affected retirement behavior …

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 …

We analyze the influence of health and financial incentives on the retirement behavior of older workers in France …, building upon Stock and Wise (1990) option value approach. The model accounts for three main retirement routes: the normal … retirement, disability insurance (DI) and unemployment/preretirement pathways, and is estimated with a combination of …

retirement incentives. Using matched pension system and establishment survey data, we estimate changes in part-time employment … and retirement after ATZ. We find the policy induced growth in part-time work for men and extended men's expected duration … of employment by 1.8 years. As the policy evolved to include an abrupt retirement option, the worklife gain for men fell …