We describe the history of state pension policy in the UK since 1948 and calculate summary measures of the generosity of the system over time and the degree to which the it created implicit taxes on, or subsidies to, work at older ages. The time series of these measures, calculated separately...

Delaying retirement has significant positive effects on the average cognition and physical mobility of women in England, at least in the short run. Exploiting the increase in employment of 60-63 year old women resulting from the increase in the female State Pension Age, we show that working...

Reforms - such as the abolition of the earnings test and rises in the female State Pension Age, have pushed up employment rates. But other factors - such as the shift from defined benefit to defined contribution pensions being offered by private sector employers and the growth in employment...