secure

Effective Age of Retirement: Innovative Methodology and Recent Experience

Methodology to estimate effective retirement age from the labor market has been developed over the last 15 years and is now commonly used for experience review and policy development. However, both transition from work to retirement (including gradual retirement) and the socio-economic environment have evolved over this period which includes the 2008 economic crisis. This paper presents innovative ways to estimate retirement age, in order to better assess effective retirement from employment and not only focus on labor force participation rates. It also makes possible the distinction between retirement from full-time employment vs part-time employment. Results are presented for four countries (Austria and Germany, Ireland and the United Kingdom) with rather diverging experience
[ - ]
[ + ]
Website Security Test