Employee Benefits, Retirement Patterns, and Implications for Increased Work Life

TitleEmployee Benefits, Retirement Patterns, and Implications for Increased Work Life
Publication TypeJournal Article
Year of Publication1997
AuthorsFronstin, P
JournalEmployee Benefit Research Institute (EBRI) Issue Brief
VolumeNo. 184
IssueApril
KeywordsEmployment and Labor Force, Medicare/Medicaid/Health Insurance, Net Worth and Assets, Public Policy, Retirement Planning and Satisfaction
Abstract

This brief examines why policymakers are concerned about the trend toward early retirement and how it relates to Social Security, Medicare, and employee health and retirement benefits. The availability of retiree health benefits is directly linked to retirement patterns. HRS data indicates that workers expecting retiree health insurance from their employer are more likely to expect to retire before age 65 than workers who do not expect to have retiree health insurance. Participation in pension plans, expected income replacement, and net worth are other factors that seem to influence retirement plans. These findings may be helpful to policymakers in their search for ways to reform the Social Security Old-Age and Survivors Insurance Program (OASI).

Endnote Keywords

Labor Force/Net Worth/Health Insurance Coverage/Retirement Behavior/Economic Status/Public Policy

Endnote ID

8108

Citation Key6590