| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25436 |
| 来源ID | Working Paper 25436 |
| Retirement Choices by State and Local Public Sector Employees: The Role of Eligibility and Financial Incentives | |
| Leslie E. Papke | |
| 发表日期 | 2019-01-14 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | I analyze the effects of state public pension parameters on the retirement of public employees. Using a panel data set of public sector workers from 12 waves of the Health and Retirement Study, I model the probability of retirement as a function of pension wealth at early and normal retirement eligibility and Social Security coverage in the public sector job. I find that becoming eligible for early retirement, or receiving an early-out offer, significantly increases the probability of retiring. I do not find any effect of retirement wealth levels; instead the findings are consistent with the literature on default options in defined contribution plans. These findings suggest that state legislative action to affect retirement decisions and reduce future pension costs may be most effective operating through plan eligibility rules and early-out incentives. |
| 主题 | Subnational Fiscal Issues ; Labor Economics ; Labor Supply and Demand ; Labor Market Structures |
| URL | https://www.nber.org/papers/w25436 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583110 |
| 推荐引用方式 GB/T 7714 | Leslie E. Papke. Retirement Choices by State and Local Public Sector Employees: The Role of Eligibility and Financial Incentives. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w25436.pdf（197KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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