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This paper provides a two-part empirical analysis on how actuarial reduction rates for early retirement affect current … retirement planning. First, by evaluating a large dataset of administrative records it becomes evident that early retirement … retirement if in turn they were willing to accept an actuarial reduction on their pension. It becomes evident that the maximum …
Persistent link: https://www.econbiz.de/10010484766
This paper provides a two-part empirical analysis on how actuarial reduction rates for early retirement affect current …’s retirement planning. First, when looking at administrative records, early retirement shows a high prevalence at the extensive and … survey is exploited where respondents are offered a hypothetical deal for early retirement if in turn they are willing to …
Persistent link: https://www.econbiz.de/10014142456
retirement age is a popular option. To induce workers to retire later, it has been proposed to strengthen the link between … retirement age and benefit level. The present paper is devoted to analyzing the long-run financial implications of such a reform …. We show that with actuarial adjustments the long-run contribution rate is an increasing function of the retirement age …
Persistent link: https://www.econbiz.de/10014121603
retirement age is a popular option. To induce workers to retire later, it has been proposed to strengthen the link between … retirement age and benefit level. The present paper is devoted to analyzing the long-run financial implications of such a reform …. We show that with actuarial adjustments the long-run contribution rate is an increasing function of the retirement age …
Persistent link: https://www.econbiz.de/10013436185
retirement age is a popular option. To induce workers to retire later, it has been proposed to strengthen the link between … retirement age and benefit level. The present paper is devoted to analyzing the long-run financial implications of such a reform …. We show that with actuarial adjustments the long-run contribution rate is an increasing function of the retirement age …
Persistent link: https://www.econbiz.de/10011435789
We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using administrative data on the universe of working histories,...
Persistent link: https://www.econbiz.de/10014279704
We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using administrative data on the universe of working histories,...
Persistent link: https://www.econbiz.de/10014280148
Persistent link: https://www.econbiz.de/10013185816
This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort … conclusions. We provide evidence that the increase in the retirement age negatively affects health outcomes as the prevalence of …
Persistent link: https://www.econbiz.de/10012671875
deductions for early retirement. This paper examines the evolution of the profitability of pension contributions against the …
Persistent link: https://www.econbiz.de/10010362261