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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 …
Persistent link: https://www.econbiz.de/10014073405
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 …
Persistent link: https://www.econbiz.de/10011538540
could be achieved if people retire from the work force later in life. Partial retirement, the option to work part-time while … drawing a pension before reaching the normal retirement age, could create the necessary conditions for reaching this goal. The … impact of partial retirement on employment will be simulated below. The results show that unrestricted access to partial …
Persistent link: https://www.econbiz.de/10011762779
This paper sheds new light on the mortality effect of delaying retirement by investigating the impacts of the 1967 … Spanish pension reform. This reform exogenously changed the early retirement age, depending on the date individuals started … retirement schemes, such as partial retirement, mitigates the detrimental effect of delaying retirement on mortality. …
Persistent link: https://www.econbiz.de/10013382055
This study exploits a new dataset in order to quantify the effect of financial incentives on retirement choices. This … Wise (2004), we find that financial incentives have an effect on retirement. The effect goes in the expected direction … their retirement probability increases in a sizable way. We also find that the procedure to impute seniority used in …
Persistent link: https://www.econbiz.de/10011376456
This paper provides empirical evidence on the effect of changing the retirement age on employment. Base on individual … data from Hungary, a country where a number of hikes increased the retirement age between 1997 and 2009, this analysis … the effect. Results suggest that the effect of the changes in early retirement age is substantial, amounting to 5 …
Persistent link: https://www.econbiz.de/10010348302
In this study, I investigate the effect of partial retirement at the firm level on older workers' labor participation …. Thereby, I contribute to the controversial debate about the effects of partial retirement. Using detailed administrative … employer-employee data from Germany, I exploit the introduction of partial retirement options in Germany related to the law on …
Persistent link: https://www.econbiz.de/10012802062
examine a generous partial retirement reform in Germany that led to a massive increase in early retirement. Using county …
Persistent link: https://www.econbiz.de/10012238753
examine a generous partial retirement reform in Germany that led to a massive increase in early retirement. Using county …
Persistent link: https://www.econbiz.de/10012240402
examine a generous partial retirement reform in Germany that led to a massive increase in early retirement. Using county …
Persistent link: https://www.econbiz.de/10012242819