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Later Pension, Poorer Health? Evidence from the New State Pension Age in the UK

Ludovico Carrino (), Karen Glaser and Mauricio Avendano

MPRA Paper from University Library of Munich, Germany

Abstract: This paper examines the health impact of UK pension reforms that increased women’s State Pension age for up to six years since 2010. Exploiting an 11% increase in employment caused by the reforms, we show that rising the State Pension age reduces physical and mental health among women from routine-manual occupations. We show robust evidence that a larger increase in the State Pension age leads to larger negative health effects, resulting in a widening gap in health between women from different occupations. Our results are consistent with a 27% fall in individual incomes for women in routine-manual occupations.

Keywords: Social Security, Public Pensions, Economics of ageing, Public Health; Understanding Society (search for similar items in EconPapers)
JEL-codes: H75 I14 I18 J26 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age, nep-eur and nep-hea
Date: 2018-04-15
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