Showing 1 - 10 of 2,863
This article uses Health and Retirement Study data to investigate the effects of Social Security's Windfall Elimination … Provision (WEP) and Government Pension Offset (GPO) on Social Security benefits received by households. The provisions reduce … pension and were not subject to Social Security payroll taxes (“noncovered” employment). We find that about 3.5 percent of …
Persistent link: https://www.econbiz.de/10013033024
minimum pension program is a key welfare program and a major influence on the retirement decisions of low-income workers and …The main purpose of minimum pension benefit programs and old-age social assistance programs is to guarantee a minimum … standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the …
Persistent link: https://www.econbiz.de/10011420305
The objective of the paper is to examine the retirement behaviour of Belgian workers in one-earner households who are … automatically granted a more generous old-age pension benefits replacement rate, called the household replacement rate. Following a … recommendation of the Belgian Pension Reform Committee, this policy is to be suppressed for new pensioners, except for those …
Persistent link: https://www.econbiz.de/10012801885
We exploit a comprehensive restructuring of the early retirement system in Norway in 2011 to examine labor supply … responses to alternative pension reform strategies relying on improved work incentives (flexibility) or increased access ages …
Persistent link: https://www.econbiz.de/10010473192
Phased retirement has been discussed as a means for increasing labour supply for people of older active age. The idea … is that instead of leaving a full-time job early for full-time retirement, an employee should reduce the working time … influence the decision to take up a part-time pension and continue working at the same work place at reduced hours. We do this …
Persistent link: https://www.econbiz.de/10013158057
completely different work incentives from age 62. The reform removed a strict retirement earnings test such that pension wealth …We provide empirical evidence that the removal of work disincentives embedded in retirement earnings tests can increase … based on a reform of the Norwegian early retirement program, which entailed that adjacent birth cohorts were exposed to …
Persistent link: https://www.econbiz.de/10012843153
completely different work incentives from age 62. The reform removed a strict retirement earnings test such that pension wealth …We provide empirical evidence that the removal of work disincentives embedded in retirement earnings tests can increase … based on a reform of the Norwegian early retirement program, which entailed that adjacent birth cohorts were exposed to …
Persistent link: https://www.econbiz.de/10012161348
This paper analyses how and to which degree the Danish flexicurity concept and its various elements achieve the renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a microfounded model of searching workers and firms, calibrate...
Persistent link: https://www.econbiz.de/10003850634
Radical changes have been implemented to pension schemes across the UK public sector from April 2015. This paper … simulates how these changes will affect the lifetime pension and how the negotiated pension changes compare across six public … sector schemes by level of education. Specifically, we simulate the occupation specific Defined Benefit (DB) pension wealth …
Persistent link: https://www.econbiz.de/10011476325
, according to our regression discontinuity estimates based on administrative pension data, there was no significant delay in the … age of first pension receipt. Based on additional data sources, we find (i) that almost all pension recipients of our … retirement behavior as low-skilled Germans. The results are consistent with low-skilled workers in Germany being frozen in a …
Persistent link: https://www.econbiz.de/10010470896