Hubrich, Stefan; Tivig, Thusnelda; Stubben, Hans-Dieter - Institut für Volkswirtschaftlehre, Universität Rostock - 2007
promises as an example: Early retirement and the legal discount rate. As a starting point we ask whether statutory accruals … influence of the age of retirement on costs, taking into account that later retirement seems to go along with higher life …. Our results show that early retirement (at age 62) leads to a cost reduction, whereas late retirement (at age 65and above …