Early Retirement and Post Retirement Health

Daniel Hallberg, Per Johansson and Malin Josephson ()
Additional contact information
Malin Josephson: Swedish Social Insurance Inspectorate (ISF)

No 8260, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper studies empirically the consequences of retirement on health. We make use of a targeted retirement offer to army employees 55 years of age or older. Before the offer was implemented in the Swedish defense, the normal retirement age was 60 years of age. Estimating the effect of the offer on individuals' health within the age range 56-70, we find support for a reduction in both mortality and in inpatient care as a consequence of the early retirement offer. Increasing the mandatory retirement age may thus not only have positive government income effects but also negative effects on increasing government health care expenditures.

Keywords: inpatient care; retirement; health care; pensions; occupational pensions; mortality; health (search for similar items in EconPapers)
JEL-codes: I18 J22 J26 (search for similar items in EconPapers)
Pages: 44 pages
Date: 2014-06
New Economics Papers: this item is included in nep-age, nep-dem, nep-eur and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Published - published as 'Is an early retirement offer good for your health? Quasi-experimental evidence from the army' in: Journal of Health Economics, 2015, 44, 274–285

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Related works:
Working Paper: Early retirement and post retirement health (2014)
Working Paper: Early retirement and post retirement health (2014)
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