2015

Financial Incentives and the Timing of Retirement: Evidence from Switzerland
Financial Incentives and the Timing of Retirement: Evidence from Switzerland

13 januar 2015
  • We use reforms in the Swiss public retirement system to identify the responsiveness of retirement timing to financial incentives. A permanent reduction of retirement benefits by 3.4 percent induces more than 70 percent of females to postpone their retirement. The responsiveness of male workers, who undergo a different treatment, is lower.