This paper examines the impact of old-age pension systems and other social transfer programmes on the retirement … countries over 1969-1999 or shorter periods in some cases) of retirement incentives embedded in those schemes is constructed for … dimensions of retirement incentives such as the pension accrual rate but also, to a lesser extent, the availability and …

that encourage early retirement, such as exceptional entitlements or looser criteria for unemployment and disability …

ways. First, early-retirement incentives (including severance payments) continue to push many incumbent formal sector … retirement age, policies for incumbents are fiscally expensive, inequitable, and serve to swell the ranks of the informal sector … of older people. This paper discusses a number of reforms that would increase the retirement age, reduce inter …

downturns. In particular, early retirement incentives embedded in old-age pension schemes and other social transfer programmes …

workers. We find that statutory retirement ages have an important influence on the decision to leave employment. Higher …

The purpose of this paper is to investigate the retirement decision in the United Kingdom. We distinguish four … retirement routes: retirement, unemployment, long-term sickness and other states. The focus of the paper is the impact of pension … benefits on retirement transitions. We estimate multinomial logits and Cox proportional hazard rate models, separately for men …

occur in the first decades of the next century. Furthermore, it stresses that further increases in retirement ages could …

This paper exploits an Italian microeconomic data set to study retirement behaviour of women and men using survival … entitlement age. The timing of retirement is inelastic to replacement rates: a 20% reduction of the replacement rate would cause a …

features of the Dutch retirement income support system. The Dutch system consists of several alternative schemes that can be … rates. This report assesses empirically the impact of the incentives embedded in these schemes on the retirement behaviour … ageing research. The results indicate strong incentive effects from Early Retirement schemes on the probability to retire. We …

countries. Financial disincentives to continued work have been amplified by various de facto early-retirement programmes …