DOES PENSION WEALTH PEAK AT THE AGE OF EARLY RETIREMENT

被引：5

作者：

PESANDO, JE

GUNDERSON, M

机构：

[1] UNIV TORONTO,INST POLICY ANAL,TORONTO M5S 1A1,ONTARIO,CANADA

[2] UNIV TORONTO,CTR IND RELAT,TORONTO M5S 1A1,ONTARIO,CANADA

来源：

INDUSTRIAL RELATIONS | 1991年 / 30卷 / 01期

关键词：

D O I：

10.1111/j.1468-232X.1991.tb00776.x

中图分类号：

F24 [劳动经济];

学科分类号：

020106 ; 020207 ; 1202 ; 120202 ;

摘要：

Once an employee has qualified for early retirement, continuing to work involves an implicit tax in the form of forgone pension payments. We explore this implicit pension tax in a Canadian setting and find that, contrary to Lazear (1983), but consistent with most U.S. studies, pension wealth generally does not peak at the date of first eligibility for early retirement. We highlight the importance of the earnings path posited for older workers, anticipated enrichments to flat benefit formulas, and the distinction between reduced and unreduced early retirement as determinants of this result. Copyright © 1991, Wiley Blackwell. All rights reserved

引用

页码：79 / 95

页数：17

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