Social Security Programs and Retirement around the World: Historical Trends in Mortality and Health, Employment, and Disability Insurance Participation and Reforms
David A. Wise
Abstract
In nearly every industrialized country, large aging populations and increased life expectancy have placed enormous pressure on social security programs—and, until recently, the pressure has been compounded by a trend toward retirement at an earlier age. With a larger fraction of the population receiving benefits, in the coming decades social security in many countries may have to be reformed in order to remain financially viable. This book offers a cross-country analysis of the effects of disability insurance programs on labor force participation by older workers. Drawing on measures of health ... More
In nearly every industrialized country, large aging populations and increased life expectancy have placed enormous pressure on social security programs—and, until recently, the pressure has been compounded by a trend toward retirement at an earlier age. With a larger fraction of the population receiving benefits, in the coming decades social security in many countries may have to be reformed in order to remain financially viable. This book offers a cross-country analysis of the effects of disability insurance programs on labor force participation by older workers. Drawing on measures of health that are comparable across countries, the authors explore the extent to which differences in the labor force are determined by disability insurance programs and the extent to which disability insurance reforms are prompted by the circumstances of a country’s elderly population.
Keywords:
industrialized country,
aging populations,
increased life expectancy,
social security programs,
retirement,
benefits,
disability insurance programs,
labor force participation,
older workers,
measures of health
Bibliographic Information
| Print publication date: 2012 |
Print ISBN-13: 9780226903095 |
| Published to Chicago Scholarship Online: September 2013 |
DOI:10.7208/chicago/9780226921952.001.0001 |
