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. Institutions often hamper employment past the ‘standard retirement age’. Moreover, the hiring rates of older workers are low and …Flexible retirement - that is the opportunity to choose one’s own personal retirement age - serves as a hedge against … pension risk and provides insurance to workers facing health or productivity shocks. Flexible retirement and flexible pension …
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attention to the rules of retirement in Hungary since 1990. In every pension system, there exist two rules which determine how … the lifetime contribution (which is approximately proportional to the years of contributions) and the retirement age … a mandatory life insurance and life annuity system. More generally, we speak of flexible retirement if adding a year to …
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-specific deductions for early retirement on female retirement, employment and unemployment. For the empirical analysis we use high … document that the pension reform leads to a postponement of retirement, an increase in employment and a shifting in …
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This paper examines the empirical link between retirement and the supply of volunteer labor, using panel data from the … the Australian Age Pension which has significantly changed the retirement incentives of older people. We find positive and … significant effects of retirement status on the voluntary work provision of older men and women. Longer time spent in retirement …
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a long contribution history to retire without deductions before reaching the regular retirement age. Following the 2014 … responses to becoming eligible for the early retirement scheme. Our results indicate that the probability of retiring … retiring at the same age with deductions. Second, we employ a coarsened exact matching procedure to compare retirement entry …
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