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Many Americans claim Social Security benefits early, though this leaves them with lower benefits throughout retirement … strategic survey about the lump sum. In other words, such a reform could provide an avenue for encouraging delayed retirement …
Persistent link: https://www.econbiz.de/10012113997
People who delay claiming Social Security receive higher lifelong benefits upon retirement. We survey individuals on …
Persistent link: https://www.econbiz.de/10012064297
As a preliminary step, we first provide some new empirical evidence that labor market conditions affect retirement … propose an equilibrium unemployment approach to retirement decisions that allows us to unveil the factors which explain why …: the retirement decision of unemployed workers depends on the labor-market frictions whereas that of employed workers does …
Persistent link: https://www.econbiz.de/10010282314
The paper traces labor market reforms over the last four decades. It provides estimates of retirement incentives for a … performance in Belgium. The results show that the numerous retirement and social security program reforms have had a marked impact …
Persistent link: https://www.econbiz.de/10011931740
-funded pension insurances. A substantial share of the population, however, still has no or only insufficient private retirement …Demographic change is projected to impose a substantial burden on the public pay-as-you-go pension insurance in Germany … in the next decades. Past pension reforms have thus aimed at encouraging additional private old-age provision in fully …
Persistent link: https://www.econbiz.de/10012144657
The goal of this study is to present an insider view on the pension reforms implemented in Hungary between 1996 and … structure of the paper is as follows: Section 1 considers the legacy of the pension system. Section 2 summarises the debate on … the pension reform and the basic decisions. Section 3 outlines the implementation of the pension reform, while Section 4 …
Persistent link: https://www.econbiz.de/10010494396
Precipitated by rapid globalization, rising inequality, population growth, and longevity gains, social protection programs have been on the rise in developing countries in the last three decades. However, the introduction of public benefits could displace informal mechanisms for risk-protection,...
Persistent link: https://www.econbiz.de/10012651480
form of supplementary pension cover than the employed. These lower retirement rates and lower degrees of pension cover … labour market career may reflect lower rates of retirement among the self-employed compared to employees, as well as …-employed people at older ages in Ireland results from lower retirement rates among the self-employed and not from transitions from …
Persistent link: https://www.econbiz.de/10011931628
from a lack of pension income. In this paper, we use data from the first four waves of the Irish Longitudinal Study of …+. We find that a lack of pension income is an important determinant of later-life working and that this applies for both …
Persistent link: https://www.econbiz.de/10011931629
Many nations incentivize retirement saving by letting workers defer taxes on pension contributions, imposing them when … taxing pension contributions instead of withdrawals leads to delayed retirement, somewhat lower lifetime tax payments, and …
Persistent link: https://www.econbiz.de/10013466634