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could be achieved if people retire from the work force later in life. Partial retirement, the option to work part-time while … drawing a pension before reaching the normal retirement age, could create the necessary conditions for reaching this goal. The … impact of partial retirement on employment will be simulated below. The results show that unrestricted access to partial …
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force participation is related to both a decline in the take-up of early retirement among 60-64-year-olds, an increase in … the average age of entry to a retirement program, and an increase in the propensity of working after entering a retirement … unemployment before retirement, age and education. …
Persistent link: https://www.econbiz.de/10010251395
We analyze the effects of increasing the retirement age in two economies with overlapping generations and within cohort … defined benefit to a defined contribution. We find that if increase in the retirement age is phased in a way that allows …
Persistent link: https://www.econbiz.de/10011522240
Increasing retirement ages in an automatic or scheduled way with increasing life expectancy at retirement is a popular … process, model, and parameter risks. The results show that: (i) retirement ages are forecasted to increase substantially in … the coming decades, particularly if a constant period in retirement is targeted; (ii) retirement age policy outcomes may …
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countries, the probability of working after normal retirement age is positively related to living with a spouse only, being … status and the age distribution among elderly people. We also demonstrate that working beyond the normal retirement age has a … that the normal retirement age is strictly enforced in urban China and seniors attempting to work face intensive …
Persistent link: https://www.econbiz.de/10012591794
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