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all retirement income is in the form of SS benefits; (4) the existence of an early retirement provision, which attracts no … actuarial penalty, greatly distorts choices in favor of early retirement. This paper addresses the above issue by first … accrual rate (i.e. the percentage change in Social Security Wealth) from postponing retirement and the implicit tax …
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This paper investigates the effects of increasing the eligibility age for public pension on workers' retirement …
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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 …
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