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The Social Security earnings test reduces benefits at a 33-50% rate once earnings pass a threshold amount - among the highest marginal tax rates in the economy. Previous research dismissed the importance of the earnings test but failed to take advantage of three changes in the earnings test...
Persistent link: https://www.econbiz.de/10012471588
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the …
Persistent link: https://www.econbiz.de/10012464002
all retirement income is in the form of SS benefits; (4) the existence of an early retirement provision, which attracts no … actuarial penalty, greatly distorts choices in favor of early retirement. This paper addresses the above issue by first … accrual rate (i.e. the percentage change in Social Security Wealth) from postponing retirement and the implicit tax …
Persistent link: https://www.econbiz.de/10012472659
schemes such as social security and disability insurance, and from private arrangements, such as early retirement and … occupational pensions. In general, the generous replacement rates offered by these schemes act as powerful stimuli for retirement …. Although Dutch research into the retirement effects of the earnings replacing schemes for the elderly was limited until the …
Persistent link: https://www.econbiz.de/10012472678
Retirement Around the World. This project, which compares the experiences of a dozen developed countries, was launched in the mid … project document that social security program provisions can create powerful incentives for retirement that are strongly … provisions and their effects on retirement as well as potential obstacles to promoting work at older ages, including whether …
Persistent link: https://www.econbiz.de/10012453133
older persons will increase the unemployment of youth. The fifth phase on "Historical Trends in Mortality and Health … Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the … extending the methodology to study retirement behavior used in the second phase to focus in particular on the effects of the DI …
Persistent link: https://www.econbiz.de/10012458544
Persistent link: https://www.econbiz.de/10010390955
This paper estimates the effects on steady state retirement by men of changes in pension" plans and social security in … from the 1969-79 Retirement History" Study and the 1983 and 1989 Surveys of Consumer Finances. Simulations with a … structural" retirement model suggest that the long run effects of changes in pension plans and social security" account for about …
Persistent link: https://www.econbiz.de/10012472602
I investigate how the relationship between health status and retirement among older men has changed since 1900 using …, suggesting that health is now less important to the retirement decision than in the past. The difference in the relative risk of … weight adjusted for height or Body Mass Index (BMI) as a proxy for health. I find that both in 1900 and in 1985-1991 the …
Persistent link: https://www.econbiz.de/10012473975
attention to the role of health status. We estimate probit models of retirement using data from SHARE. The results show that …Many Belgian retire well before the statutory retirement age. Numerous exit routes from the labor force can be … identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most …
Persistent link: https://www.econbiz.de/10012458629