Suchergebnisse

This paper studies empirically the consequences of retirement on health. We make use of a targeted retirement offer to army employees 55 years of age or older. Before the offer was implemented in the Swedish defense, the normal retirement age was 60 years of age. Estimating the effect of the offer on individuals' health within the age range 56-70, we find support for a reduction in both mortality and in inpatient care as a consequence of the early retirement offer. Increasing the mandatory retirement age may thus not only have positive government income effects but also negative effects on increasing government health care expenditures.

This paper studies empirically the consequences of retirement on health. We make use of a targeted retirement offer to army employees 55 years of age or older. Before the offer was implemented in the Swedish defense, the normal retirement age was 60 years of age. Estimating the effect of the offer on individuals' health within the age range 56-70, we find support for a reduction in both mortality and in inpatient care as a consequence of the early retirement offer. Increasing the mandatory retirement age may thus not only have positive government income effects but also negative effects on increasing government health care expenditures.

Title from cover. ; Mode of access: Internet. ; Reports for 1937/38-1944/45 prepared by the Commission's Retirement Division. ; condition reviewed ; committed to retain

Peace officers in Texas' Teachers Retirement System (TRS) are not afforded early retirement age and a higher than standard annuity multiplier as are peace officers in Texas' Employee Retirement System (ERS) (2015). This means a TRS officer will work much longer and draw less in retirement income than ERS officers. Longer time in service and advanced age causes TRS officers' health to be adversely affected, and their policing abilities decline to a greater degree (Pascarella, 2006). ERS and TRS are both state funded. This causes a disparity in benefits between the two state funded retirement systems. These disparities place TRS officers in a second class status below their cohorts even though they perform the same duties. The issues of retirement age and annuity value hamper recruitment and retention in TRS police agencies. The Texas legislature must transition TRS officers to the existing peace officer retirement fund in ERS. TRS officers would then be allowed the same benefits as their ERS cohorts. This would positively affect the retirement income of TRS officers, and TRS agencies could retain productive and healthy officers. Critics claim the expense in transitioning TRS officers to the existing ERS fund would be too great. These costs would not come from state taxes, but from the TRS peace officer themselves. This additional percentage of the officer's pre-tax salary would go toward supporting the fund. This would eliminate the need for a state tax increase, and it would still allow TRS officers a retirement system at parity with ERS officers.

"Civil Service Retirement, Federal Employee Group Life Insurance, Federal Employees Health Benefits, Retired Fedeal Employees Health Benefits." ; Report year ends June 30. ; Mode of access: Internet.

Despite general agreement about the increasing diversity of pathways into retirement, there is less understanding about the role of gender and social class in this process. Women's involvement in the family has been viewed as taking precedence over their participation in the paid labour force and hence their retirement has not been adequately documented. This project addresses a number of serious gaps in our knowledge of retirement. Firstly, most research has been limited to describing the consequences of retirement for males. The separation of work and family spheres constitutes the theoretical basis of much early research on retirement. Using socialist-feminist, political economy and life course theory, this project aims to conduct a theoretically integrated model of women's retirement. The conceptual model tested examined the dynamics between work and family characteristics and assessed how these affected women's retirement status. Secondly, the operational definition of retirement remains an unsettled issue in aging. The author assigned four retirement measures in addition to the conceptual model to address this issue. To evaluate the research questions, logistic regression procedures were employed with a sample of 2447 women, 55 and over, from the 1994 Statistics Canada General Social Survey Cycle 9. The results indicate that much of the indeteminacy in retirement definitions can be traced to the differences associated with each criterion. Depending on the measure used, a number of socio-economic and family variables show significance. The findings presented confirm the importance of exploring family and work career linkages among retired women. Furthermore, the assessment of multiple measures of retirement reinforces the need for stronger conceptualizations of work and retirement.

For many years, Congress has recognized that saving for retirement is a worthwhile social goal and should be encouraged by the government. The federal government has encouraged the growth of private pension and savings plans through the use of various tax incentives. This publication will focus mainly on individual retirement accounts (IRAs), but other plans such as simplified employee pensions (SEPs), 401-K plans, and Keogh plans will be discussed, too. This document is FCS5258, one of a series of the Department of Family, Youth and Community Sciences, University of Florida, UF/IFAS, Gainesville 32611. First published: September 2003. https://edis.ifas.ufl.edu/fy642

Front Cover -- Copyright -- Title Page -- Contents -- Introduction -- Chapter 1 - The Active Joys of Retirement -- Chapter 2 - The Financial Joys of Retirement -- Chapter 3 - The Joy of Nature -- Chapter 4 - Enjoying Your Home and Garden -- Chapter 5 - The Joy of Learning -- Chapter 6 - The Art of Retirement -- Chapter 7 - The Joy of Relationships -- Chapter 8 - The Joy of Getting Away from It All -- Chapter 9 - Finding Fulfilment -- Chapter 10 - Extreme Things to Do in Retirement -- Epilogue -- CONGRATULATIONS ON YOUR RETIREMENT -- Summersdale Publishers.

Intro -- WOMEN'S RETIREMENT SECURITY CHALLENGES AND TRENDS -- WOMEN'S RETIREMENT SECURITY CHALLENGES AND TRENDS -- CONTENTS -- PREFACE -- Chapter 1 RETIREMENT SECURITY: WOMEN STILL FACE CHALLENGES -- WHY GAO DID THIS STUDY -- WHAT GAO FOUND -- ABBREVIATIONS -- BACKGROUND -- Demographic and Labor Force Trends Affecting Women"s Retirement Income Security -- Sources of Retirement Income -- National Trends Affecting Retirement Security for Men and Women -- WORKING WOMEN"S ACCESS TO AND PARTICIPATION IN EMPLOYER-SPONSORED PENSION PLANS HAVE IMPROVED RELATIVE TO MEN -- Women Surpassed Men in Their Likelihood of Working for an Employer That Offers a Pension Plan -- Women Working for Employers Offering Plans Made Gains in Plan Eligibility -- The Gender Gap in Plan Participation Narrowed -- WHILE INCOME COMPOSITION CHANGED ONLY SLIGHTLY FOR WOMEN AGE 65 AND OVER, THEY CONTINUE TO HAVE LESS RETIREMENT INCOME THAN MEN -- The Composition of Income for Women and Men Age 65 and over Did Not Fluctuate Greatly Despite Changes in the Economy and Pension System -- Median Household Income for Women Age 65 and over Was 25 Percent Lower Than Men"s -- DIVORCE, WIDOWHOOD, AND UNEMPLOYMENT HAD A DETRIMENTAL EFFECT ON OLDER WOMEN"S INCOME SECURITY -- Became Divorced or Separated after Age 50 -- Became Widowed after Age 50 -- Became Unemployed after Age 50 -- Health Declined after Age 50 -- EXISTING POLICY OPTIONS COULD ADDRESS RETIREMENT SECURITY ISSUES FACING WOMEN -- Proposals to Expand the Use of Existing Tax Incentives to Save for Retirement -- Proposals to Expand Opportunities to Accumulate Social Security Credits -- Proposals to Expand Access to Retirement Savings and Strengthen Spousal Protections -- Proposals to Expand Opportunities for Saving Later in Life and Delay Social Security Benefit Receipt -- Proposals to Ensure Lifetime Income

To supplement replacement income provided by Social Security and employer­sponsored pension plans, individuals need to rely on their own saving and investment choices during accumulation. Once retired, they must also decide at which rate to spend their savings, with the usual dilemma between present and future consumption in mind. This Element explains how financial engineering and risk management techniques can help them in these complex decisions. First, it introduces 'retirement bonds', or retirement bond replicating portfolios, that provide stable and predictable replacement income during the decumulation period. Second, it describes investment strategies that combine the retirement bond with an efficient performance­seeking portfolio so as to reduce uncertainty over the future amount of income while offering upside potential. Finally, strategies using risk insurance techniques are proposed to secure minimum levels of replacement income while giving the possibility of reaching higher levels of income.