Retirement in the UK

Sarah Smith and James Banks

The Centre for Market and Public Organisation from The Centre for Market and Public Organisation, University of Bristol, UK

Abstract: Like other OECD countries, the UK experienced more than two decades of declining labour market activity among older men in the 1970s, 1980s and early 1990s. A number of measures to reverse this trend that are currently under discussion, or have already been introduced, include, an increase in the state pension age, abolition of mandatory early retirement ages, tighter eligibility for disability benefits, and in-work benefits and training incentives for those aged 50+. This paper considers the nature and timing of retirement in the UK today and makes an assessment of the likely effect of these measures and likely future trends in retirement.

Keywords: Retirement; pensions. (search for similar items in EconPapers)
JEL-codes: J26 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2006-01
New Economics Papers: this item is included in nep-eec
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Citations: View citations in EconPapers (38)

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Journal Article: Retirement in the UK (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:bri:cmpowp:06/140

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