In 2010, increasing the retirement age became a focal point of Social Security reform proposals. In a controversial … many disincentives to delay retirement. Behavioral economics helps inform the importance of this measure given that people … move, President Obama's bipartisan National Commission on Fiscal Responsibility and Reform recommended increasing the full …

retirement-income security and would improve the federal budget in one year nearly as much as the recent health reform bill was … Social Security Earliest Eligibility Age (EEA) from sixty-two to sixty-five on Social Security's finances, retirement income …, increase total annual retirement income as of age seventy for affected individuals by around 16 percent, and increase gross …

increase in the size of the cohort of individuals close to retirement, may partially explain why a pension reform, which … increased retirement age for females, was approved in two referenda in 1995 and 1998, while a reform, which proposed a similar … advocated policy response is to increase retirement age. Ironically, however, the political support for this policy may actually …

aiming at increasing the average retirement age, through increasing the required number of contribution years or through … on average retirement ages across wage quartiles. Our simulations show that increasing the required duration criterion … — as was done by the 1993 and 2003 reforms–have redistributive impact as regards retirement age, while increasing the …

Typically economists arguing for flexible (or variable) retirement age, but they rely on steady state analysis. In this … paper we consider the replacement of a mandatory retirement system with a flexible one in real time. We show that even if … early retirement is duly punished, diminishing the effective retirement age by 1 year raises the first year's and the total …

A growing chorus of policy analysts is calling for an increase in the Social Security retirement age. Even staunch … defenders of Social Security have begun to concede that the retirement age of 66 is too low, in light of the increasing … protect disadvantaged workers is to leave the early and full retirement ages as they are. The result is a debate that pits …

Recent reforms to social security in many countries have sought to delay retirement. Given the family context in which … retirement decisions are made, social security reforms have potentially important spill-over effects on the participation of … spouses. This paper analyses the impact of women's pension incentives on the retirement decision of their husband. The 1993 …

The paper analyses the incentives that Estonian state pension scheme imposes on retirement incentives. The specific … focus is on actuarial neutrality and benefit equivalence of adjustments for early and late retirement.The benefit … adjustments for early and deferred retirement set in current legislation are established as not actuarially neutral and they do …

This paper provides empirical evidence on the effect of changing the retirement age on employment. Base on individual … data from Hungary, a country where a number of hikes increased the retirement age between 1997 and 2009, this analysis … the effect. Results suggest that the effect of the changes in early retirement age is substantial, amounting to 5 …