Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/20624
Authors: 
Even, William E.
Macpherson, David A.
Year of Publication: 
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

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