Population aging in Korea is projected to be the most rapid among Organisation for Economic Co-operation and Development (OECD) countries between 2000 and 2050. However, social spending in Korea remains low, reflecting Korea's relatively young population, limited health and long-term care insurance coverage, and immaturity of its pension system.…

Purpose: As part of an ongoing effort to analyze the distributional implications of potential policy reforms to the U.S. Social Security system, we consider the widely discussed reform of earnings sharing. Such an approach has been viewed as a way to "update" Social Security's family benefits based on marital status and as a means to…

Examined extent and patterns of financial planning among a range of professionals. Found that respondents (N=457) placed their primary emphasis on pensions (including Social Security) and continued work-related income, although four types of pre-retirement financial planning were identified. The most consistent predictor of the extent of planning…

Examines responsiveness of the nominal income of older persons to price changes and compares changes in their real income to trends in real income of other groups. Data from the Retirement History Study show the elderlys' income sources were not fixed in nominal terms, but increased as prices rose. (NRB)

Examines post-retirement benefit increases in 76 large state pension plans and the impact of such increases on the purchasing power and adequacy of pension benefits. Although nearly all plans increased benefits for retirees, increases were much less than needed to maintain the purchasing power of pension benefits. (Author/JAC)

Used data from a national sample of over 800 middle-aged married women to examine influences on retirement plans. Although the majority did not plan to retire at the same time as their husbands, having a retired husband as well as women's own retirement benefits were strong influences. (JAC)

Examines the risk of poverty among a sample of elderly couples and widows interviewed over a 10-year period. When individual movements into and out of poverty over time are identified, the risk of becoming poor is more than double the highest annual risk among couples, and is raised by almost 30 percent for widows. (Author/ABB)

Empirical evidence of tax shelter usage is sparse. These data add weight to earlier concerns about whether tax incentives to save for retirement benefit upper-income groups more than middle- and lower-income groups and present the importance of different sources of income in providing retirement funds for this group. (Author/RC)

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…

Interviews with faculty at a university having an incentive early retirement plan revealed that those choosing to retire early were in poorer health, faced smaller proportional income decrement upon retirement, were less satisfied with teaching assignments, and considered themselves lower in research productivity and higher in teaching and…

Analyzes the development of women's pensions compared to the progress of men's benefits from 1960 to 1980 in industrial countries. Comparisons are based on benefit amounts of average wage earners in manufacturing. Findings are that women's benefits did not keep pace with men's pensions in 5 of the nations studied. (Author/ABB)

Using a nationwide survey, found work expectations change dramatically during years normally associated with retirement; over two-fifths of those never expecting to stop working were retired four years later; those expecting to retire were more likely to reach that goal. Argues against cross-sectional studies in planning Social Security changes.…