pensions, and Social Security profiles available at alternative retirement ages. Then we examine four specific changes in the … structure of Social Security benefits: raising the normal retirement age, delaying the cost-of-living adjustment, lowering early … retirement benefits, and increasing late retirement payments. Behavioral parameters are estimated using an ordered logit model of …

capacity for work on older men's retirement. Traditional self-ratings of poor health are tested against more objectively … measured instruments. Using the Health and Retirement Study (HRS), we find that health problems influence retirement plans more …

to lift the age of mandatory retirement. Evidence on a longitudinal sample of pension plans from 1960 to the present … suggests:(1) During the 1960-70 period, Social Security increases generated changes in pensions favoring early retirement; and … retirement age …

This paper examines the role of economic factors in determining retirement behavior using a unique new data archive on … different retirement models including linear as well as discrete choice formulations. This framework provides new insights into … how andwhy retirement ages differ across firms. We conclude that older workers' income opportunities differ depending on …

We examine respondents in the Health and Retirement Study (HRS) to observe how their financial situations unfolded as … retirement, and progress through their retirement years, and (b) labor force participation declined and thus earnings became less … important with age, while Social Security and retirement savings rose as a proportion of annual income …

ages. Using data from both the Health and Retirement Study (HRS) and the National Financial Capability Study (NFCS), we …. When we explore the reasons for delayed retirement among older women, factors include education, more marital disruption … retirement planning include having more education and greater financial literacy. Those who report excessive amounts of debt and …

We analyze older individuals' debt and financial vulnerability using data from the Health and Retirement Study (HRS …

result of having instituted an unfunded (pay-as-you-go) retirement system that delivered $7.9 trillion of net transfers (in …

longitudinal examination of pension retirement incentives in several dozen plans observed between about 1960 to 1980. The plans … under study instituted many changes over this period, several of which enhanced the financial payoff to early retirement …. These alterations included increases in benefit levels, reductions in early, normal and mandatory retirement ages, and cuts …

In 1980, Chile dramatically reformed its retirement system, replacing what was an old insolvent PAYGO program with a … Chilean model is being re-assessed, in terms of coverage, contribution, investment, and retirement benefit outcomes. This …