Do pensions impede phased retirement?
By: by William E. Even, David A. Macpherson.
Contributors: Macpherson, David A., 1960-
Series: Discussion paper ;; no. 1353; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;; no. 1353
Publisher: IZA
Published: 2004
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Phased retirement -- United States.; Pensions -- United States.
Description: "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"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Includes bibliographical references.
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Mode of access: World Wide Web.