全球智库信息集成服务系统(G2TT): Does retiree health insurance encourage early retirement?

G2TT

来源类型	Journal Publication
规范类型	其他
	Does retiree health insurance encourage early retirement?
	Sita Nataraj Slavov; John B. Shoven; Steven Nyce; Sylvester J. Schiever; David A. Wise
发表日期	2013-06-04
出版年	2013
语种	英语
摘要	Abstract: The strong link between health insurance and employment in the United States may cause workers to delay retirement until they become eligible for Medicare at age 65. However, some employers extend health insurance benefits to their retirees, and individuals who are eligible for such retiree health benefits need not wait until age 65 to retire with group health coverage. We investigate the impact of retiree health insurance on early retirement using employee-level data from 54 diverse firms that are clients of Towers Watson, a leading benefits consulting firm. We find that retiree health coverage has its strongest effects at ages 62 through 64. Coverage that includes an employer contribution is associated with a 6.3 percentage point (36.2 percent) increase in the probability of turnover at age 62, a 7.7 percentage point (48.8 percent) increase in the probability of turnover at age 63, and a 5.5 percentage point (38.0 percent) increase in the probability of turnover at age 64. Conditional on working at age 57, such coverage reduces the expected retirement age by almost three months and reduces the total number of person-years worked between ages 58 and 64 by 5.6 percent. Access the paper. Read a working paper version of the paper.
主题	Aging
标签	health insurance ; Medicare ; Policy Papers ; Retirement
URL	https://www.aei.org/research-products/journal-publication/does-retiree-health-insurance-encourage-early-retirement/
来源智库	American Enterprise Institute (United States)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/209096
推荐引用方式 GB/T 7714	Sita Nataraj Slavov,John B. Shoven,Steven Nyce,et al. Does retiree health insurance encourage early retirement?. 2013.