Arbeitspapier

Early Retirement and Post Retirement Health

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.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 8260

Classification
Wirtschaft
Time Allocation and Labor Supply
Retirement; Retirement Policies
Health: Government Policy; Regulation; Public Health
Subject
health
mortality
inpatient care
retirement
health care
pensions
occupational pensions

Event
Geistige Schöpfung
(who)
Hallberg, Daniel
Johansson, Per
Josephson, Malin
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2014

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hallberg, Daniel
  • Johansson, Per
  • Josephson, Malin
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2014

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