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 …

This paper investigates whether exchanging the Social Security delayed retirement credit, currently paid as an increase … voluntarily claim about half a year later if the lump sum were paid for claiming any time after the Early Retirement Age, and … about two-thirds of a year later if the lump sum were paid only for those claiming after their Full Retirement Age. Overall …

People who delay claiming Social Security receive higher lifelong benefits upon retirement. We survey individuals on …

People who delay claiming Social Security receive higher lifelong benefits upon retirement. We survey individuals on …

In recent decades, many states have reduced future retirement benefits for newly hired teachers. We estimate that in … 2020 the average initial monthly retirement benefit, for teachers retiring with 30 years of service, is 11.2 percent lower … included in Social Security, have made smaller reductions in the generosity of their pension benefits in recent decades …

retirement spells has been steadily increasing. We estimate the response of retirement timing to variations in unemployment rate …, inflation and housing prices. Flows into both full and partial retirement increase significantly when the unemployment rate … rises. Workers around normal retirement age are especially sensitive to variations in the unemployment rate. Workers who are …