Do Pensions Impede Phased Retirement?

William E. Even () and David A. Macpherson ()

Labor and Demography from EconWPA

Abstract: 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.

Keywords: retirement; pension (search for similar items in EconPapers)
JEL-codes: J (search for similar items in EconPapers)
Date: 2004-07-03
Note: Type of Document - pdf
View list of references View citations in EconPapers

Downloads: (external link)
http://129.3.20.41/eps/lab/papers/0407/0407001.pdf (application/pdf)

Related works:
Working Paper: Do Pensions Impede Phased Retirement? (2004)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpla:0407001

Access Statistics for this paper

More papers in Labor and Demography from EconWPA
Series data maintained by EconWPA ().