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IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
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http://hdl.handle.net/10419/20624
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| Title: | | Do Pensions Impede Phased Retirement?  |
| Authors: | | Even, William E. Macpherson, David A. |
| Issue Date: | | 2004 |
| Series/Report no.: | | IZA Discussion paper series 1353 |
| Abstract: | | Many workers reveal a preference for a gradual reduction in work hours as they approach retirement (?phased retirement?), rather than a sudden change from full-time work to full-time retirement. Pension regulations may impede phased retirement without a switch of employers by prohibiting access to pension assets. This study uses Health and Retirement Survey data to investigate the extent to which a gradual reduction in work hours is made difficult by pensions, particularly defined benefit plans. The study also explores other possible impediments to phased retirement. |
| Subjects: | | phased retirement |
| JEL: | | J32 J26 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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| dp1353.pdf | | 315.33 kB | Adobe PDF |
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