2017
DOI: 10.17848/9780880995290
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Extending Work Life: Can Employers Adapt When Employees Want to Delay Retirement?

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“…The pension replacement rate (benefits as a fraction of previous earnings) was 64%, and life expectancy was 16 years past pensionable age. 9 For instance, the United States may lower the Social Security or Medicare payroll taxes (Clark and Morrill 2017), while European countries may eliminate earnings tests.…”
Section: Background On the Soviet Labor Marketmentioning
confidence: 99%
“…The pension replacement rate (benefits as a fraction of previous earnings) was 64%, and life expectancy was 16 years past pensionable age. 9 For instance, the United States may lower the Social Security or Medicare payroll taxes (Clark and Morrill 2017), while European countries may eliminate earnings tests.…”
Section: Background On the Soviet Labor Marketmentioning
confidence: 99%