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Centre for Policy on Ageing | |
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Early retirement reform — can it and will it work? | Author(s) | Hendrik P van Dalen, Kène Henkens |
Journal title | Ageing and Society, vol 22, part 2, March 2002 |
Pages | pp 209-232 |
Keywords | Early retirement ; Employment of older people ; Attitude ; Labour economics ; Social policy ; Netherlands. |
Annotation | Early retirement for the labour force has become standard practice for most employees in the industrialised world. However, as a result of the rising costs of early retirement schemes, curbing the outflow of older workers from the labour force has become a central government policy objective. Early retirement reforms under which benefits are financed on a more actuarially neutral basis are currently being implemented in The Netherlands. At present, it is not clear how older workers will react to these policy reforms. In this article the authors examine the extent to which (Dutch) older workers are inclined to change their retirement intentions in response to new early retirement arrangements. On the basis of a labour market and population survey, they examine retirement intentions under alternative early retirement policies. The overall conclusion is that the retirement reform may lead to a substantial delay to the retirement date, but that in practice factors other than financial incentives are powerfully at work. (KJ/RH). |
Accession Number | CPA-020708204 A |
Classmark | G5M: GC: DP: WH: TM2: 76H |
Data © Centre for Policy on Ageing |
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...from the Ageinfo database published by Centre for Policy on Ageing. |
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