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Retirement Against the Demographic Trend: More Older People Living Longer, Working Less, and Saving Less

Опубликовано на портале: 13-02-2004
Demography. 1997.  Vol. 34. No. 1. P. 83-95. 
Scheduled Social Security changes would have little effect on the retirement decisions of employees with a typical defined benefit pension plan. But if the pension plan provisions were changed to correspond to the Social Security changes, the effect would be very large. And although not contemplated by current legislation, it is clear that an increase in the Social Security early retirement age would have a substantial effect on the early retirement rates of the large number of employees not covered by a pension plan.
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