Centro de Documentacion de Fundación MAPFRE - The Effect of removing early retirement on mortality

MAP20240013806

The Effect of removing early retirement on mortality / Cristina Belles-Obrero, Sergi Jiménez-Martín y Han Ye. — Madrid : FEDEA, 2024

87 p. . — (Estudios sobre la Economía Española ; 2024/27)

I Jornada sobre el Sistema Público de Pensiones y Seguridad Social

Sumario: This paper studies the mortality effect of delaying retirement by investigating the impacts of the 1967 Spanish pension reform, which affected the general population and exogenously changed the early retirement age, depending on the date individuals started contributing to the pension system. Using the Spanish administrative data, we find that delaying retirement by one year increases the hazard of dying between the ages of 60 and 69 by 38 percent. We show that the reform leads to higher mortality in all subgroups, and the effects are statistically stronger for those employed in sectors with the highest workplace accidents and for those with low self-value jobs. Moreover, we show that allowing flexible retirement mitigates the adverse effects of delaying retirement

1. Mortalidad . 2. Jubilación . 3. Sistemas de pensiones . 4. Seguridad Social . 5. Envejecimiento de la población . 6. España . I. Jiménez-Martín, Sergi . II. Ye, Han . III. Fundación de Estudios de Economía Aplicada . IV. Estudios sobre la economia española . V. Título.