retirement from 67 to 62 for a group of workers. For the individuals we study, the expected present value of benefits was held …

possibility of delayed retirement ages. However, the postponement of retirement may not be universally feasible, since not all … workers may be willing and able to continue working past the standard retirement age, due to health status and other factors …. We model this uncertain retirement problem in an overlapping generations general equilibrium framework with flexible …

ability of older workers to work past the Social Security Early Retirement Age of 62. This issue arises because a possible … reform of Social Security could raise the early retirement age. This change might be made in conjunction with raising the … Normal Retirement Age in order to offset the reduction in annual benefits that workers would receive when retiring at the …

Early retirement from the labour force has become standard practice for most employees in the industrialised world …. However, as a result of the rising costs of early retirement schemes, curbing the outflow of older workers from the labour … force has become a central policy objective. Early retirement reforms under which benefits are financed on a more …

In the policy debate, there are regular demands to further increase the retirement age to address the financial … dorsopathies). The results show that increasing the retirement age further should be accompanied by preventive health and education …

In 2007 Germany has introduced a pension reform which increases the normal retirement age from currently age 65 to 67 … effective retirement age by about one year and redistribute towards future cohorts. However, it hardly reduces old-age poverty … since rich people are more flexible in adjusting retirement. Overall, the efficiency gains of the reform are very modest …

European employment agenda. The present paper focuses on the case of Belgium, France, Germany, and The Netherlands over the …For the last two decades, the increase of employment among individuals aged 50+ has been a policy objective on the … period 1997–2011. First, we provide descriptive analysis of older workers’ employment using data from the European Union …