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Potential consequences of raising the social security eligibility age on low income older workers
Author(s)Namkee G Choi
Journal titleJournal of Aging & Social Policy, vol 11, nos 4, 2000
Pagespp 15-40
Sourcehttp://www.tandfonline.com
KeywordsSocial security benefits ; Poor elderly ; Retirement age ; Employment of older people ; United States of America.
AnnotationBased on data from the US Health and Retirement Study 1992-1994, this study identifies factors that may hinder or facilitate continuous employment for older workers born between 1921 and 1941. Specifically, following analysis of labour force participation rates and self-reported reasons for non-work, multivariate logistic regression models tested the relationship between individual strengths and constraints, social-structured opportunities and constraints, and economic needs variables and the likelihood of work. For both men and women, having disabilities was the most significant predictor of non-work. Racial differences - especially in men's labour force participation rates - appeared to be due in large part to significant racial differences in disability rates. A higher proportion of Blacks and Hispanics than whites also reported that they were unemployed. Raising the Social Security eligibility age is likely to result in increased numbers of Disability Insurance (DI) claimants; the fiscal impact of such an increase needs to be examined. (RH).
Accession NumberCPA-010201201 A
ClassmarkJH: F:W6: G5A: GC: 7T

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