Retirement Age (FRA). Sharp discontinuities generated by the reform reveal that raising the FRA while imposing small early … claiming penalties significantly delays pension claiming and retirement, but imposing large penalties and holding the FRA fixed …

This paper studies how an increase in the minimum retirement age affects the labor market behavior of older workers …. Between 2000 and 2006 the Austrian government gradually increased the early retirement age from 60 to 62.2 for men and from 55 … empirical analysis suggest that this policy change reduced retirement by 19 percentage points among affected men and by 25 …

Two pension reforms in Austria increased the early retirement age from 60 to 62 for men and from 55 to 58.25 for women …. The reforms reduced early retirement by 18.9 percentage points among affected men aged 60-62 and by 22.3 percentage points … savings as they either continue to retire early via disability pensions or bridge the gap to regular retirement by drawing …

This paper studies how an increase in the minimum retirement age affects the labor market behavior of older workers …. Between 2000 and 2006 the Austrian government gradually increased the early retirement age from 60 to 62.2 for men and from 55 … empirical analysis suggest that this policy change reduced retirement by 19 percentage points among affected men and by 25 …

Two pension reforms in Austria increased the early retirement age from 60 to 62 for men and from 55 to 58.25 for women …. The reforms reduced early retirement by 18.9 percentage points among affected men aged 60-62 and by 22.3 percentage points … savings as they either continue to retire early via disability pensions or bridge the gap to regular retirement by drawing …

pension scheme: The 20 percent reduction in the rate at which retirement capital is translated into a life-long annuity …

Retirement Age (FRA). Sharp discontinuities generated by the reform reveal that raising the FRA while imposing small early … claiming penalties significantly delays pension claiming and retirement, but imposing large penalties and holding the FRA fixed …

pension scheme: The 20 percent reduction in the rate at which retirement capital is translated into a life-long annuity …

pension scheme: The 20 percent reduction in the rate at which retirement capital is translated into a life-long annuity …

access to a full retirement pension by two years, from 62 to 64 years, by reducing early pensions by 3.4 % initially, then by … 6.8 %, per year of early claiming. We find that increasing the full retirement age (FRA) by one year delays labor market … of retirement benefits by 6 to 8 months. Doubling the early retirement penalty, from 3.4% to 6.8%, delays pension …