Die Altersteilzeit im Zusammenspiel individueller und betrieblicher Einflussfaktoren

Wanger, Susanne

doi:10.5771/0342-300x-2010-8-395

Cited by 10 publications

(5 citation statements)

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“…In total, these calculations imply an average net savings per partial retiree of €6,215. Wanger (2010) reported approximately 500,000 partial retirees in 2004, which, using these calculations, imply a total savings of €3.1 billion attributable to that cohort alone. Notably, the reduction in unemployment insurance benefits is responsible for the large estimated overall savings.…”

Section: Discussionmentioning

confidence: 95%

“…Other researchers, and our own investigations of administrative data, indicated the majority of German partial retirements were not subsidized (Brussig, Knuth, and Wojtkowski 2009). Wanger (2010) reported that approximately 17% of individuals age 55 to 64 were ATZ participants as of 2004. Previous research also provides conflicting evidence about whether these partial retirement policies extend working life.…”

Section: Partial Retirement Policies and Contribution Of Our Studymentioning

confidence: 99%

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Can Policy Facilitate Partial Retirement? Evidence from a Natural Experiment in Germany

Berg¹,

Hamman²,

Piszczek³

et al. 2020

ILR Review

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In 1996, Germany introduced the Altersteilzeit (ATZ) policy, which provided incentives for partial retirement. Using linked establishment survey and administrative employment data, the authors estimate changes in part-time employment rates and retirement after ATZ. Among men, part-time work increased and retirements were postponed by at least 0.6 years without any displacement of full-time work. For women, the increases in working lives appeared to be even larger. These estimates are based on a nationally representative sample of firms. When analysis is restricted to a subset of firms with collective agreements covering partial retirement, and when the staggered timing of those agreements is used to identify estimates, the authors find extensions of working life of more than 1 year. Overall, these findings suggest that policies encouraging partial retirement may have potential for increasing the duration of working life.

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Section: Discussionmentioning

confidence: 95%

Section: Partial Retirement Policies and Contribution Of Our Studymentioning

confidence: 99%

Can Policy Facilitate Partial Retirement? Evidence from a Natural Experiment in Germany

Berg¹,

Hamman²,

Piszczek³

et al. 2020

ILR Review

View full text Add to dashboard Cite

show abstract

“…In total, these calculations imply an average net savings per partial retiree of €18,125 in the low Block Model period and €17,625 in the high Block Model period. Wanger (2010) reports approximately 500,000 partial retirees in 2004, which using these calculations imply a total savings of €9.1 billion attributable to that cohort alone if the policy had continued to operate as it did in the low Block Notably, the savings in unemployment insurance benefits is responsible for the large estimated gains in both periods. In environments with less generous unemployment benefits, or where workers were not originally financing early retirements with public benefits, the savings from partial retirement may be much smaller or even negative.…”

Section: Discussionmentioning

confidence: 99%

“…Yet, other studies indicate the majority of partial retirements were not subsidized , and so are not captured by looking only at subsidy payments (Brussig, Knuth, and Wojtkowski 2009). Using German data , Wanger (2010) reports approximately 16% of all newly retired individuals were ATZ participants. Huber, Lechner, and Wunsch (2013) estimate workers ages 51 to 60 in firms that offered partial retirement opportunities spent an average of 6 to 9 months more in part-time employment than those in firms that did not.…”

Section: The Atz Policymentioning

confidence: 99%

Can Policy Facilitate Partial Retirement? Evidence from Germany

Berg

Hamman

Piszczek

et al. 2015

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent nonprofit organization supported by Deutsche Post Foundation. The center is associated with the University of Bonn and offers a stimulating research environment through its international network, workshops and conferences, data service, project support, research visits and doctoral program. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. Terms of use: Documents in D I S C U S S I O N P A P E R S E R I EIZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be available directly from the author. In 1996, Germany introduced the Altersteilzeit (ATZ) law, which encouraged longer working lives through partial retirement incentives. Using matched pension system and establishment survey data, we estimate changes in part-time employment and retirement after ATZ. We find the policy induced growth in part-time work for men and extended men's expected duration of employment by 1.8 years. As the policy evolved to include an abrupt retirement option, the worklife gain for men fell to 1.2 years. Among women, part-time employment grew less and employment duration changed little initially but later declined by 0.2 years when abrupt retirement became available.JEL Classification: J26

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Section: Discussionmentioning

confidence: 99%