The effect of the Senior Citizens' Freedom to Work Act of 2000 on employer-provided pension and medical plans.
On April 7, 2000 President Clinton signed the Senior Citizens' Freedom to Work Act. The act reduces the Social Security retirement benefit penalties previously imposed on 65- through 69-year-old workers who earned more than nominal incomes after enrolling in the program. This article analyzes the impact that the act will have on retirement decisions of the affected cohorts of older workers and closes with an analysis of how the act may affect employer-provided pension, medical and paid leave plans.
Baum
Charles L
CL
Hannah
Richard L
RL
Ford
William F
WF
D000368:Aged; D003657:Decision Making; D004651:Employment / Q000331:legislation & jurisprudence*; D006264:Health Benefit Plans, Employee / Q000331:legislation & jurisprudence* / Q000458:organization & administration; D006801:Humans; D010415:Pensions; D012456:Salaries and Fringe Benefits; D012943:Social Security / Q000191:economics / Q000331:legislation & jurisprudence*; D014481:United States