The labor supply and benefit claiming incentives provided by the early retirement rules of the Social Security Old Age benefits program are of growing importance as the Normal Retirement Age (NRA) increases to 67, the labor force participation of Older Americans rises, and a variety of reforms to the Social Security system are considered. Any…

Policy discussions about teacher quality and teacher "shortages" often focus on recruitment and retention of young teachers. However, attention has begun to focus on the incentive effects of teacher retirement benefit systems, particularly given their rising costs and the large unfunded liabilities. In this paper we analyze accrual of…

Coordinating the two sources of retirement income--private pensions and Social Security--tends to lower employer costs and result in private pensions that replace a larger percentage of preretirement income for higher-paid workers. (Author/SK)

Rule changes in the social security system and pension plans suggest that labor force participation rates for men aged 55 to 64 fell by 20 percent from 1970 through 1986 because of the increase in social security benefits and a change in private pension rules encouraging earlier retirement. (Author/JOW)

In this paper the authors examine how the structures of earnings, Social Security, and pension benefits affect retirement behavior. They use an intertemporal model of labor supply, paying special attention to the institutional features of private pensions and Social Security benefits. (Author/SSH)

Social assistance mechanisms are driving the early retirement trend in Europe. Traditional life stages are disappearing, being replaced by new flexibility in managing the life course. The social security system needs to be reconsidered. (SK)

Work attachment of men aged 58-63 fell dramatically from 1969-89, with a sharp reduction at age 62 that is probably due to Social Security's early retirement provision. Nonpension income and the interaction between private pensions, personal assets, and Social Security may also play a large role. (SK)

Institutions must provide good counseling regarding retirement program benefits, since when in doubt about their financial position faculty members are inclined to remain employed. Colleges should consider offering nonfinancial incentives for early retirement as well as financial. (MLW)

Recent studies of retirement have recognized the importance of pension plans and social security on the retirement decisions. A pension system that is neutral with respect to the timing of benefits encourages or discourages the acceptance of these benefits and subsequent job separation at any particular age only to the extent that any asset…

Fefferman argues that mandatory Social Security coverage for teachers and other government employees assures their own pension protection and equalizes their contributions with their potential Social Security benefits. Brundige feels that teachers already have superior retirement plans and should not be forced to bail out the ailing Social…

Briefly outlines the reasons some school districts are withdrawing from the social security system. Also notes some advantages of the social security system over alternative plans. (IRT)

The social security commissioner argues that the system's varied protection--against loss of earnings due to death, disability, and even inflation--makes it a better deal than most private plans. (Author/IRT)

The Social Security Trustees project that the Social Security program faces longterm financing difficulties. Several proposals that have been offered to shore-up the finances of the Social Security program would create individual retirement accounts funded with part of the payroll tax. The authors of many of these proposals claim that future…

Although baby boomers were not the sole focus of the American Association of Retired Persons' (AARP) website content on the issue of Social Security reform, their interests were addressed in a variety of ways. AARP provided information, position statements, a live chat forum, and message boards. Additionally, AARP had a partnership with the Rock…

Purpose: This article investigates how older Americans leave their career jobs and estimates the extent of intermediate labor force activity (bridge jobs) between full-time work on a career job and complete labor-force withdrawal. Design and Methods: Using data from the Health and Retirement Study, we explored the work histories and retirement…