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Partial and flexible retirement: the Swedish system.

L R Wise1

  • 1School of Public & Environmental Affairs, Indiana University, Bloomington 47405.

The Gerontologist
|June 1, 1990
PubMed
Summary

Sweden's partial pension policy impacted older men's workforce participation but not women's. Changes in compensation rates influenced participation numbers and work hours in the partial pension system.

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Area of Science:

  • Labor Economics
  • Social Policy

Background:

  • The Swedish partial pension system has been operational for over a decade.
  • Understanding the long-term effects of such policies on workforce participation is crucial for economic and social planning.

Purpose of the Study:

  • To analyze the impact of the Swedish partial pension system on the labor force participation patterns of older workers.
  • To investigate differential effects based on gender and the influence of compensation rate adjustments.

Main Methods:

  • The study likely employed statistical analysis of labor force participation data before and after the policy's implementation.
  • Econometric methods may have been used to assess the correlation between pension compensation rates and participation behaviors.

Main Results:

  • The partial pension policy significantly altered work patterns for older men.
  • No significant effect was observed on the labor force behavior of older women.
  • Adjustments in pension compensation rates were found to influence the number of participants and their working hours.

Conclusions:

  • The Swedish partial pension system has had a gender-differentiated impact on older worker employment.
  • Policy adjustments, specifically compensation rates, can effectively modulate participation in partial pension schemes.

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