This article uses Health and Retirement Study data to investigate the effects of Social Security's Windfall Elimination … Provision (WEP) and Government Pension Offset (GPO) on Social Security benefits received by households. The provisions reduce … pension and were not subject to Social Security payroll taxes (“noncovered” employment). We find that about 3.5 percent of …

state retirement of men. Work incentives associated with pension coverage and plan characteristics are calculated primarily … retirement model suggest that the long-run effects of changes in pension plans and social security account for about a quarter of …This article estimates the effects of changes in pension plans and social security in the 1970s and 1980s on the steady …

Health and Retirement Study (HRS), for 60 percent of total wealth of HRS households who are in the 45th to 55th wealth … 51 to 61 in 1992, and obtains pension plan descriptions from respondents' employers. Pension accrual profiles, income and … wealth distributions by type, wealth-income ratios and accrued wealth by pension status are also explored …

Retirement Study? This article uses household wealth and labor market data from the Health and Retirement Study (HRS …) to investigate how the recent "Great Recession" has affected the wealth and retirement of those approaching retirement … age as the recession began, a potentially vulnerable population. The retirement wealth of people aged 53–58 in 2006 …

A structural life cycle model of retirement and wealth attributes retirement peaks at both ages 62 and 65 to Social … Security early entitlement age to 64 induces 5 percent of the population to delay retiring, shifting the retirement spike from …

. This paper simulates the retirement effects of the various elements of the proposals made by the President's Commission …. Simulations are based on a structural dynamic model of retirement and saving, estimated with data from the first five waves of the … Health and Retirement Study. The model posits that lifetime expected utility is constrained by an asset accumulation equation …

retirement activity at 62. Liquidity constraints from inability to borrow on Social Security and pension benefits add to this …This paper specifies and estimates a structural life cycle model of retirement and wealth that explains the peaks in … retirement both at ages 62 and at 65. Our estimates suggest that leisure and time preference are widely distributed among the …

Using data from the Health and Retirement Study, we estimate reduced form retirement and wealth equations. The … retirement equation relates the probability of retiring to the quot;premium valuequot;, a forward looking measure of the future … simple models suggest that if the social security early retirement age were to be raised, more people would retire earlier …

We compute pension wealth from employer provided pension plan descriptions matched to respondent surveys to the … National Longitudinal Survey of Mature Women (NLS-MW) and the Health and Retirement Study (HRS). These calculations provide … detailed information on the level and distribution of pension wealth and a variety of incentives from pensions. Differences …

This paper highlights unanswered research questions in the economics of retirement, and shows how these issues can be … addressed using the new Health and Retirement Survey (HRS). Unique features of the survey are described including administrative … are indicators of retirement plans, health status, family structure, income, wealth and employer policies affecting job …