Tag: delayed retirement
Let’s see if we agree on what the retirement age is today. With the projected depletion of the Social Security trust fund assets in the 2030s, policymakers are looking for ways to bridge the gap. One of the major proposals is to increase the retirement age. Certainly, with average life expectancy increasing, longer careers could…
Abstract This paper investigates the effects of economic incentives on divorce and remarriage behavior. Before December 1977, the Social Security law entitled divorcees to claim auxiliary benefits on their ex-spouse’s record only if the marriage lasted at least 20 years. One of the 1977 amendments of the Social Security rules shortened the minimum duration of…
