Centro de Documentacion de Fundación MAPFRE - Will they take the money and work? : people's willingness to delay laiming social security benefits for a lump sum

MAP20180035104

Will they take the money and work? : people's willingness to delay laiming social security benefits for a lump sum / Raimond Maurer... [et al.]

Sumario: This article investigates whether exchanging Social Security delayed retirement credits, currently paid as increases in lifelong benefits, for a lump sum would induce later claiming and additional work. We show that people would voluntarily claim about 6 months later if the lump sum were paid for claiming after the early retirement age, and about 8 months later if the lump sum were paid only for those claiming after their full retirement age. Overall, people will work one-third to one-half of the additional months. Those who would currently claim at the youngest ages are most responsive to the lump sum offer

En: The Journal of risk and insurance. - Nueva York : The American Risk and Insurance Association, 1964- = ISSN 0022-4367. - 03/12/2018 Volumen 85 Número 4 - diciembre 2018 , p. 877-909

1. Sistemas de pensiones . 2. Seguridad Social . 3. Reclamaciones . 4. Reforma de la Seguridad Social . 5. Estudios de investigación . 6. Estadísticas . 7. Estados Unidos . I. Maurer, Raimond H. . II. Título.