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Title: Changes in Pension Benefits and the Timing of Retirement
Resulting in 1 citation.
1. Frank, Robert H.
Stoikov, Vladimir
Changes in Pension Benefits and the Timing of Retirement
Final Report, Assistant Secretary for Planning, Evaluation and Research, U.S. Department of Labor, 1975
Cohort(s): Older Men
Publisher: U.S. Department of Labor
Keyword(s): Pensions; Retirement/Retirement Planning; Work Attitudes

The research described in this paper details the development and estimation of a model of the retirement decision. The estimates are intended to serve as a basis for calculating the effect of the Employment Retirement Income Security Act of l974 on the retirement data chosen by individuals covered by the Act. Three existing studies which deal with the issue of early retirement are examined. A simple theory of the retirement decision is outlined then employed as a guide in the specification of an estimating equation which can be employed, using the l971 NLS of Older Men data, to make the kinds of quantitative inferences which existing studies do not permit.
Bibliography Citation
Frank, Robert H. and Vladimir Stoikov. "Changes in Pension Benefits and the Timing of Retirement." Final Report, Assistant Secretary for Planning, Evaluation and Research, U.S. Department of Labor, 1975.