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Retiree Health Insurance for Public School Employees: Does it Affect Retirement?

Maria Fitzpatrick

No 4415, CESifo Working Paper Series from CESifo

Abstract: Despite the widespread provision of retiree health insurance for public sector workers, little attention has been paid to its effects on employee retirement. This is in contrast to the large literature on health-insurance-induced “job-lock” in the private sector. I use the introduction of retiree health insurance for public school employees in combination with administrative data on their retirement to identify the effects of retiree health insurance. As expected, the availability of retiree health insurance for older workers allows employees to retire earlier. These behavioral changes have budgetary implications, likely making the programs self-financing rather than costly to taxpayers.

Keywords: retirement; health insurance; public sector employment; teacher labor supply (search for similar items in EconPapers)
JEL-codes: H75 I21 I28 J26 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Related works:
Journal Article: Retiree health insurance for public school employees: Does it affect retirement? (2014) Downloads
Chapter: Retiree Health Insurance for Public School Employees: Does It Affect Retirement? (2013)
Working Paper: Retiree Health Insurance for Public School Employees: Does it Affect Retirement? (2013) Downloads
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