Later pension, poorer health? Evidence from the new State Pension age in the UK

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Abstract

This paper examines the health impact of UK pension reforms that increased women’s State Pension age for up to six years since 2010. Exploiting an 11% increase in employment caused by the reforms, we show that rising the State Pension age reduces physical and mental health among women from routine-manual occupations. We show robust evidence that a larger increase in the State Pension age leads to larger negative health effects, resulting in a widening gap in health between women from different occupations. Our results are consistent with a 27% fall in individual incomes for women in routine-manual occupations.
Original languageEnglish
JournalHarvard Center for Population and Development Studies Working Paper Series
Volume17
Issue number4
Publication statusPublished - 8 Jun 2018

Keywords

  • Social Security
  • Public Pensions
  • Economics of ageing
  • Public Health
  • Understanding Society

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