Reports of the Late John Smeaton 2014
DOI: 10.1017/cbo9781107256385.035
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Report of J. Smeaton upon the state and improvement of the water service of Edinburgh

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“…Above all else, retirement decisions are strongly affected by the individual's health status, income levels and pension rights. Poor health, high income or wealth, and access to occupational pensions all increase the likelihood that someone aged 50 or more years and in employment decides to retire at the current state pension age or, indeed, retire early (Emmerson and Tetlow 2006; PPI 2003; Smeaton and McKay 2003; Phillipson and Smith 2005). Financial need may also act as an incentive to working beyond the SPA, but the effect varies with income and savings levels (Meadows 2003).…”
Section: Current Evidence About Working In Later Lifementioning
confidence: 99%
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“…Above all else, retirement decisions are strongly affected by the individual's health status, income levels and pension rights. Poor health, high income or wealth, and access to occupational pensions all increase the likelihood that someone aged 50 or more years and in employment decides to retire at the current state pension age or, indeed, retire early (Emmerson and Tetlow 2006; PPI 2003; Smeaton and McKay 2003; Phillipson and Smith 2005). Financial need may also act as an incentive to working beyond the SPA, but the effect varies with income and savings levels (Meadows 2003).…”
Section: Current Evidence About Working In Later Lifementioning
confidence: 99%
“…Financial need may also act as an incentive to working beyond the SPA, but the effect varies with income and savings levels (Meadows 2003). The likelihood of working beyond the state pension age decreases with low savings, but increases for those on particularly low or particularly high incomes (Smeaton and McKay 2003). Those on median incomes are most likely to retire early (Emerson and Tetlow 2006).…”
Section: Current Evidence About Working In Later Lifementioning
confidence: 99%