Retirement behavior and retirement plan designs: strategies to retain an aging workforce.
Certain retirement and retiree health plan design features trigger different retirement behaviors among top performers and low performers and among workers of different wage levels. However, previous research has revealed little of these effects. Using a unique data set, this article shows how specific design features affect workers' retirement behavior, allowing employers to focus on those most likely to influence the most productive workers to delay retirement.
Mulvey
Janemarie
J
D000368:Aged; D004526:Efficiency; D005260:Female; D006264:Health Benefit Plans, Employee; D006801:Humans; D007182:Income / Q000706:statistics & numerical data*; D008297:Male; D008875:Middle Aged; D011157:Population Dynamics; D011640:Public Policy; D012179:Retirement / Q000191:economics / Q000639:trends*; D012456:Salaries and Fringe Benefits; D014481:United States