Kühntopf, Stephan; Tivig, Thusnelda - 2008
The public pension system in Germany allows early retirement albeit at the cost of pension deductions. Deductions are …-age pensions with age 60 to 66 is up to 1.9 years higher if retirement occurred later. For women, instead, life expec-tancy is … almost independent of retirement age. Extending the analysis to invalidity pensioners (they receive pensions before the age …