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Life expectancies are rapidly increasing and uncertain in all countries in Europe. To keep pension systems affordable, policy reforms are to be implemented which will encourage individuals to work longer. In this paper we analyze the impact of working and living longer on pension incomes in five...
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to the statutory retirement age. In a first section we look at the income mix of early retirees and senior workers from a …
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force participation is related to both a decline in the take-up of early retirement among 60-64-year-olds, an increase in … the average age of entry to a retirement program, and an increase in the propensity of working after entering a retirement … unemployment before retirement, age and education. …
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