Heywood, John S.; Siebert, William S. - 2009
make little allowance for fair pension increases if retirement is deferred. While these laws have begun to change, we find …The paper asks why retirement can be so abrupt in countries such as France (1/2% of the workforce over 65), yet staged … in Japan (8% over 65). We find part of the answer in tax laws that prevent people working and receiving a pension, and …