Do Stronger Age Discrimination Laws Make Social Security Reforms More Effective?

TitleDo Stronger Age Discrimination Laws Make Social Security Reforms More Effective?
Publication TypeReport
Year of Publication2011
AuthorsNeumark, D, Song, J
InstitutionThe University of Michigan, Michigan Retirement Research Center
KeywordsEmployment and Labor Force, Public Policy, Retirement Planning and Satisfaction, Social Security
Abstract

Supply-side Social Security reforms to increase employment and delay benefit claiming among older individuals may be frustrated by age discrimination. We test for policy complementarities between supply-side Social Security reforms and demand-side efforts to deter age discrimination, specifically studying whether stronger state-level age discrimination protections enhanced the impact of the increases in the Social Security Full Retirement Age (FRA) that occurred in the past decade. The evidence indicates that, for older individuals who were caught by the increase in the FRA, benefit claiming reductions and employment increases were sharper in states with stronger age discrimination protections.

URLhttp://www.mrrc.isr.umich.edu/dl.cfm?pid=794andtype=102
Endnote Keywords

Public Policy/social Security/labor Force Participation/age discrimination/Delayed Retirement

Endnote ID

62661

Citation Key5909