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Proposed changes in the U.S. Social Security provisions include increasing the normal retirement age from 65 to 67 and changing from 3% to 8% the increase in benefits for each year that retirement is delayed after normal retirement. The paper considers the interaction between these changes and...
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Proposed changes in the U.S. Social Security provisions include increasing the normal retirement age from 65 to 67 and changing from 3% to 8% the increase in benefits for each year that retirement is delayed after normal retirement. The paper considers the interaction between these changes and...
Persistent link: https://www.econbiz.de/10012474321
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The option value model developed in an earlier paper is used to simulate the effect on retirement of changes in a firm's pension plan compared to the effect of changes in Social Security provisions. The provisions of the firm's pension plan have a much greater effect than Social Security...
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What accounts for the striking decline in labor force participation at increasingly younger ages? Social Security and Retirement around the World examines one explanation: social security programs actually provide incentives for early retirement. This volume houses a set of remarkable papers...
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"This volume draws from the International Social Security project, which commenced more than two decades ago and which compares the social security and retirement experience in twelve developed countries. Both men and women are remaining longer in the workforce and this volume documents trends...
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Intro -- Contents -- Acknowledgments -- Introduction - Courtney Coile, Kevin Milligan, and David A. Wise -- 1. Disability Insurance Incentives and the Retirement Decision: Evidence from the United States - Courtney Coile -- 2. Effect of Pensions and Disability Benefits on Retirement in the...
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