Tag: retirement age
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The brief’s key findings are: While older workers have not been disproportionately affected by the COVID-19 Recession, they – like their younger counterparts – have experienced layoffs. This study reports the prevalence of the job exits and retirements and how they vary by earnings level, using data from the Current Population Survey. The analysis focuses…
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Unlike the United States, the United Kingdom has implemented bold reforms to its retirement system over the past decade. Two of the biggest changes were gradual increases in the minimum age for collecting a pension under the national social security program and requiring private employers to automatically enroll their workers in an employee savings plan…