Reforming Early Retirement in Europe, Japan and the USA PDF Download

Author: Bernhard Ebbinghaus
Publisher: Oxford University Press
ISBN: 9780199286119
Category : Business & Economics
Languages : en
Pages : 350

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Book Description
Examines the consequences of early retirement from the workforce in advanced industrialized economies for individual lives, labor markets, and welfare states, discusses the reasons why older working people withdraw from employment prior to statutory pension age, and discusses obstacles to reform efforts.

Author: Hans-Peter Blossfeld
Publisher: Edward Elgar Publishing
ISBN: 9781849803724
Category : Globalization
Languages : en
Pages : 0

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Book Description
This topical and timely analysis of late career and retirement within nine European societies and the USA examines how social inequality structures have developed in an era of globalization and aging populations. For several decades, many European societies relied on pushing and luring older workers out of employment by using generous early retirement programs in order to relieve national labor markets in times of globalization. However, as this book argues, one of the major challenges facing European and Northern American societies today is their severe demographic aging, which in turn places pension systems under substantial pressure due to the rising imbalance between those claiming pensions and those contributing to the pension system. Indeed, it is observed herein that in the recent past, governments have tried to increase the labor market attachment of older employees by retrenching early retirement benefits. This study investigates how these developments have impacted on the situation of older workers and retirees in nine European societies and the USA. In particular, the book looks at how social inequalities in later life have developed in the light of recent pension reforms. This informative book will appeal to sociologists, demographers, political scientists and economists interested in many different aspects of research including: international comparative research, globalization, labor market, welfare state, social inequality and research on aging. Researchers in the field of retirement and globalization studies will also find this book helpful, as will academics in labor market research and comparative political studies.

Author: Trudie Schils
Publisher: Rozenberg Publishers
ISBN: 9036100275
Category :
Languages : en
Pages : 236

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Book Description
"The research in this dissertation is targeted at revealing the similarities and differences in European early retirement institutions, including unemployment and disability schemes. In addition, using longitudinal data from a large number of European countries, the determinants of early retirement decisions are analysed empirically and the role played by institutions is surveyed. This research shows that both less tight entitlement conditions and high generosity of early retirement schemes exert a disincentive effect on staying in work for the older worker."--Back page.

Author: Fernanda Nicola
Publisher: Cambridge University Press
ISBN: 1107118891
Category : Law
Languages : en
Pages : 661

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Book Description
This book retells the multiple stories behind the rulings of the European Court, revealing their context, their history and the legal and non-legal strategies of their actors.

Author: Jonathan Gruber
Publisher: University of Chicago Press
ISBN: 0226309509
Category : Business & Economics
Languages : en
Pages : 380

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Book Description
Many countries have social security systems that are currently financially unsustainable. Economists and policy makers have long studied this problem and identified two key causes. First, as declining birth rates raise the share of older persons in the population, the ratio of retirees to benefits-paying employees increases. Second, as falling mortality rates increase lifespans, retirees receive benefits for longer than in the past. Further exacerbating the situation, the provisions of social security programs often provide strong incentives to leave the labor force. Social Security Programs and Retirement around the World offers comparative analysis from twelve countries and examines the issue of age in the labor force. A notable group of contributors analyzes the relationship between incentives to retire and the proportion of older persons in the workforce, the effects that reforming social security would have on the employment rates of older workers, and how extending labor force participation will affect program costs. Dispelling the myth that employing older workers takes jobs away from the young, this timely volume challenges a raft of existing assumptions about the relationship between old and young people in the workforce.

Author: National Research Council
Publisher: National Academies Press
ISBN: 0309261961
Category : Social Science
Languages : en
Pages : 230

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Book Description
The United States is in the midst of a major demographic shift. In the coming decades, people aged 65 and over will make up an increasingly large percentage of the population: The ratio of people aged 65+ to people aged 20-64 will rise by 80%. This shift is happening for two reasons: people are living longer, and many couples are choosing to have fewer children and to have those children somewhat later in life. The resulting demographic shift will present the nation with economic challenges, both to absorb the costs and to leverage the benefits of an aging population. Aging and the Macroeconomy: Long-Term Implications of an Older Population presents the fundamental factors driving the aging of the U.S. population, as well as its societal implications and likely long-term macroeconomic effects in a global context. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape.

Author: Axel Börsch-Supan
Publisher: Springer Science & Business Media
ISBN: 3642174728
Category : Family & Relationships
Languages : en
Pages : 288

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Book Description
Our health, our income and our social networks at older ages are the consequence of what has happened to us over the course of our lives. The situation at age 50+ reflects our own decisions as well as many environmental factors, especially interventions by the welfare state. This book explores the richness of 28,000 life histories in thirteen European countries, collected as part of the Survey of Health, Ageing and Retirement in Europe (SHARE). Combining these data with a comprehensive account of European welfare state interventions provides a unique opportunity to answer the important public policy questions of our time – how the welfare state affects people’s incomes, housing, families, retirement, volunteering and health. The overarching theme of the welfare state creates a book of genuinely interdisciplinary analyses, a valuable resource for economists, gerontologists, historians, political scientists, public health analysts, and sociologists alike.

Author: Bernhard Ebbinghaus
Publisher: OUP Oxford
ISBN: 0191564753
Category : Political Science
Languages : en
Pages : 352

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Book Description
Since the 1970s early exit from work has become a major challenge in modern welfare states. Governments, employers, and unions alike once thought of early retirement as a peaceful solution to the economic problems of mass unemployment and industrial restructuring. Today governments and international organizations advocate the postponement of retirement and an increase in activity among older workers. Comparing the USA, eight European countries, and Japan, this book demonstrates significant cross-national differences in early retirement across countries and over time. The study evaluates the impact of major variations in welfare regimes, production systems, and labor relations. It stresses the importance of the 'pull factor' of extensive welfare state provisions, particularly in Continental Europe; the 'push factor' of labor shedding strategies by firms, particularly in Anglo-American market economies; and the role of employers and worker representatives in negotiating retirement policies, particularly in coordinated market economies. Over the last three decades, early retirement has become a popular social policy and employment practice in the workplace, adding to the fiscal crises and employment problems of today's welfare states. Attempts to reverse early retirement policies have led to major reform debates. Unilateral government policies to cut back on social benefits have not had the expected employment results due to resistance from employers, workers, and their organizations. Successful reforms require the cooperation of both sides. This study provides comprehensive empirical analysis and a balanced approach to studying both the pull and the push factors affecting early exit from work needed to understand the development of early retirement regimes.

Author: Martin Kohli
Publisher: Cambridge University Press
ISBN: 9780521423649
Category : Business & Economics
Languages : en
Pages : 420

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Book Description
In all Western countries, people are leaving work earlier than ever before - at a time when their life expectancy keeps increasing. How has this paradoxical process been brought about? What is the impact of labour markets and social policy? And what will be the effect of this massive lengthening of retirement? Time for Retirement addresses the 'aging of society' and the restructuring of the life course in terms of the changing relationship between work and reitrement. Detailed information based on the retirement policies of seven countries provides the basis for a comparative analysis aimed at assessing the range of possible political responses to these changes. The editors and contributors are among the leading social scientists in the field of life-course studies, aging, and social policy.

Author: United States. Government Accountability Office
Publisher: Nova Science Pub Incorporated
ISBN: 9781604568127
Category : Business & Economics
Languages : en
Pages : 87

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Book Description
The first wave of the 78 million member baby boom generation is now reaching retirement age. The number of people age 62, the earliest age of eligibility for Social Security retired worker benefits, is expected to be 21 percent higher in 2009 than in 2008. In addition, by 2030, the number of workers supporting each retiree is projected to be 2.2, down from 3.3 in 2006. This demographic shift poses challenges to the economy, federal tax revenues, the nation's old-age programs, and individuals' financial security in retirement. For those who are able to work longer, later retirement can strengthen the economy and also retiree incomes by postponing the time at which people will start drawing retirement benefits rather than working. A wide range of factors including the features of employers' benefit plans, personal finances, social norms, health, and individual attitudes influence workers' decisions about when to retire. Federal policies may also play a role: these include Social Security, Medicare, and tax policies related to certain private retiree health and defined benefit (DB) and defined contribution (DC) pension plans.1 Identifying both the incentives posed by these policies and the extent to which workers respond to them can help to inform policy makers as they consider ways to address the demographic challenges facing the nation. To determine the extent to which federal policiesdirectly and indirectly-pose incentives and are influencing individuals decisions about the age at which they retire, the authors have pursued the following questions: (1) What incentives do federal policies provide about when to retire? (2) What are the recent retirement patterns, and is there evidence that recent changes in Social Security requirements have resulted in later retirements? (3) Is there evidence that tax-favored private retiree health insurance and pension benefits have influenced when people retire? This is a revised and excerpted version.