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Australia's "Transition to Retirement Income Streams" (TRIS) program aims to prolong labor force participation for … older workers (aged 55-65 years) by offering early access to a worker's compulsory retirement savings (superannuation …
Persistent link: https://www.econbiz.de/10014328822
Early retirement options are usually targeted at employees at risk of not reaching their regular retirement age in … employment. An important at‐risk group comprises employees who have worked in demanding jobs for many years. This group may be … particularly negatively affected by the abolition of early retirement options. To measure differences in labor market reactions of …
Persistent link: https://www.econbiz.de/10012671878
the negative consequences of being unable to reach their statutory retirement age in employment. …Early retirement options are usually targeted at employees at risk of not reaching their regular retirement age in … employment. An important at-risk group comprises employees who have worked in demanding jobs for many years. This group may be …
Persistent link: https://www.econbiz.de/10012659076
normal retirement age (NRA) from 60 years to 65 years for private-sector male employees. The analysis, based on a difference … employment rate since workers also apply for more disability and unemployment benefits. Moreover, most of them simply retire … delay in pension claims, increase in employment, and inactivity. All in all, this paper shows that raising the NRA could …
Persistent link: https://www.econbiz.de/10012815174
We evaluate the labor market and distributional effects of an increase in the early retirement age (ERA) from 60 to 63 … implications using net household income. In this respect we extend the previous literature which mainly studied employment effects … larger employment effects for women who cannot rely on other income on the household level, e.g. women with a low income …
Persistent link: https://www.econbiz.de/10011902730
We evaluate the labor market and distributional effects of an increase in the early retirement age (ERA) from 60 to 63 … implications using net household income. In this respect we extend the previous literature which mainly studied employment effects … larger employment effects for women who cannot rely on other income on the household level, e.g. women with a low income …
Persistent link: https://www.econbiz.de/10011875821
We evaluate the labor market and distributional effects of an increase in the early retirement age (ERA) from 60 to 63 … implications using net household income. In this respect we extend the previous literature which mainly studied employment effects … larger employment effects for women who cannot rely on other income on the household level, e.g. women with a low income …
Persistent link: https://www.econbiz.de/10011865453
standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the … minimum pension program is a key welfare program and a major influence on the retirement decisions of low-income workers and …-income workers to retire as soon as they become eligible for the program, which is often earlier than the normal retirement age. …
Persistent link: https://www.econbiz.de/10011420305
We investigate the unemployment pathway to retirement in Germany and study the causal effects of two early retirement … reforms. Reform 1 (NRA) increased normal retirement age stepwise from 60 to 65. Simultaneously, it became possible to use … early retirement with benefit discounts. Reform 2 (ERA) increased the age of early retirement stepwise from 60 to 63. We …
Persistent link: https://www.econbiz.de/10012745216
We investigate the unemployment pathway to retirement in Germany and study the causal effects of two early retirement … reforms. Reform 1 (NRA) increased normal retirement age stepwise from 60 to 65. Simultaneously, it became possible to use … early retirement with benefit discounts. Reform 2 (ERA) increased the age of early retirement stepwise from 60 to 63. We …
Persistent link: https://www.econbiz.de/10012697080