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This paper shows that increasing the normal retirement age and introducing pension deductions for retirement before … normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that … employers encouraged their employees to use the bridge options unemployment or partial retirement instead of the early …
Persistent link: https://www.econbiz.de/10012167052
In this chapter, we review the evidence on retirement and study the role of incentives in the retirement decision. The … discrete drops in hours of work at the point of “retirement” are presented. We study the main retirement incentives that … individuals face and place these financial and other incentives in the context of a structural approach to modeling retirement. We …
Persistent link: https://www.econbiz.de/10014023465
This paper investigates the retirement patterns of married couples in Belgium. To forecast retirement behavior, we use … the spousal bonus of pension payments to comprehend how financial incentives resulting from the social security system …'s structural design affect both partners' retirement decisions. We simulate the effect of the elimination of the spousal bonus and …
Persistent link: https://www.econbiz.de/10014366803
Persistent link: https://www.econbiz.de/10013486225
This research analyses retirement behaviour in Austria based on a combined administrative dataset. Data from the … comprehensive microsimulation model of the Austrian pension system is developed and applied to calculate retirement benefit …. Simulation of several reform scenarios shows that a stronger emphasis on financial incentives in the pension system (the …
Persistent link: https://www.econbiz.de/10010483218
Persistent link: https://www.econbiz.de/10011539324
Most educators in the United States receive retirement compensation via a subnational defined-benefit pension plan …. These plans exert strong “pull” and “push” incentives over the course of the career and concentrate teacher retirements at …
Persistent link: https://www.econbiz.de/10014025215
tax subsidies for retirement saving reduces total private saving. The reform changed the tax incentives for saving in the …
Persistent link: https://www.econbiz.de/10013375227
preparedness for retirement of self-employed workers. This report documents and analyses private pension saving using …
Persistent link: https://www.econbiz.de/10014233183
facing future generations of pensioners that threaten their living standards in retirement and which, without policy action …-year project that will produce the highest-quality evidence regarding the future of financial security in retirement. The launch of …
Persistent link: https://www.econbiz.de/10014251503