Centre for Policy on Ageing
 

 

Retirement in the UK
Author(s)James Banks, Sarah Smith
Corporate AuthorCentre for Market and Public Organisation (CMPO), University of Bristol; Department of Economics, University College London; Institute for Fiscal Studies - IFS
PublisherCentre for Market and Public Organisation, University of Bristol, Bristol, January 2006
Pages27 pp (Working paper no 06/140)
SourceCentre for Market and Public Organisation, University of Bristol, Department of Economics, Mary Paley Building, 12 Priory Road, Bristol BS8 1TN. E-mail: cmpo-office@bristol.ac.uk Download available at:
http://www.bris.ac.uk/depts/CMPO/workingpapers/wp1...
KeywordsRetirement age ; Retirement policy.
AnnotationLike other OECD countries, the UK experienced more than two decades of declining labour market activity among older men in the 1970s, 1980s and 1990s. A number of measures to reverse this trend that are currently under discussion, or have already been introduced, include an increase in the state pension age (SPA), abolition of mandatory early retirement ages, higher eligibility for disability benefits, and in-work benefits and training incentives for those aged 50+. This paper considers the nature and timing of retirement in the UK today, and makes an assessment of the likely effect of these measures and likely future trends in retirement. The paper is an outcome of research on retirement in the UK, which was conducted by the Centre for Market and Public Organisation (CMPO), University of Bristol, University College London, and the Institute for Fiscal Studies (IFS), and jointly funded by the Leverhulme Trust and the Economic and Social Research Council (ESRC). (RH).
Accession NumberCPA-060727002 E
ClassmarkG5A: G5 *

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