Tag: pension reform
German legislation that increased the federal pension credits given to mothers has influenced their decisions about working in middle age, years after their children were born but long before retirement age. This finding from a recent study adds to what is currently understood about how changes made to future pensions can affect how much workers…
The Center for Retirement Research just published a brief on how state public sector workers respond to a cut in their future pension benefits, using wonderful data obtained from the state of Rhode Island. The results show that benefit cuts encourage government workers to leave their jobs, but that the size of the response is…
