Li, Qi; Pantano, Juan; He, Daifeng; Casanova, Maria - Society for Economic Dynamics - SED - 2014
The Social Security Administration computes individual pension benefits using the average survival in the population … educated and richer counterparts. We investigate how heterogeneity in longevity interacts with homogenous social security rules … in shaping retirement patterns. In particular, the increase in Social Security benefits for each additional year of work …