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This paper investigates the interaction between measures of health, disability pension take up and labor market performance in Denmark by charting their development over time and by examining how they are affected by key policy reforms in the area of early retirement. The main emphasis is on the...
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The effects of pension program incentives on retirement in Denmark are analyzed in an option value framework. Using eligibility criteria and detailed entitlement rules for the five main publicly-funded retirement programs, we calculate social security wealth, one year pension accrual and...
Persistent link: https://www.econbiz.de/10012717906
Longevity is increasing and many people are spending a greater proportion of their lives reliant on pensions to support consumption. In response to this, several countries have mandated delays to age of first entitlement to pension benefits in order to reduce incentives to retire early. However,...
Persistent link: https://www.econbiz.de/10012997909
In recent years, the retirement age for public pensions has increased across many countries, and additional increases are in progress or under discussion in many more. The seventh stage of an ongoing research project studying the relationship between social security programs and labor force...
Persistent link: https://www.econbiz.de/10014482043
This paper investigates the interaction between measures of health, disability pension take up and labor market performance in Denmark by charting their development over time and by examining how they are affected by key policy reforms in the area of early retirement. The main emphasis is on the...
Persistent link: https://www.econbiz.de/10013123670