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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
Among numerous retirement schemes in France, the Social Security general regime" covers all wage earners from the … but with a downward adjustment of benefits. Our computations show that early" retirement adjustment rules give strong … change in the retirement age induced by the 1983 reform …
Persistent link: https://www.econbiz.de/10012472596
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the … older persons will increase the unemployment of youth …
Persistent link: https://www.econbiz.de/10012461938
A critical question for Social Security policy is how program incentives affect retirement behavior. We use the wealth … of new data available through the Health and Retirement Survey (HRS) to examine the impact of Social Security incentives … on male retirement. We implement forward-looking models of retirement whereby individuals consider not just the …
Persistent link: https://www.econbiz.de/10012470913
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
government budget. I provide an overview of the interaction between these" transfer programs and retirement behavior. I begin by …
Persistent link: https://www.econbiz.de/10012472505
participation and benefit receipt. Most of the attention is given to the interaction between retirement behavior and the various … the actual pattern of early and normal retirement of Belgian older workers …
Persistent link: https://www.econbiz.de/10012472645
far the largest majority of Spanish workers. After describing the way in which pension and retirement decisions are … regulated by this system, we try to compute the incentives to early retirement it provides to different kinds of individuals. We …
Persistent link: https://www.econbiz.de/10012472677
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