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Social security and retirement timing: evidence from a national sample of teachers

机译:社会保障和退休时间:来自全国教师样本的证据

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This study documents an important role for Social Security income in workers' retirement timing. About 40% of public school teachers are not covered by Social Security. This provides an opportunity to analyze the causal impact of Social Security on retirement timing by comparing covered and non-covered teachers. Using individual-level data from the American Community Survey, we find robust evidence of higher rates of retirement among covered teachers at Social Security eligibility ages. This pattern is confirmed using an alternative regression model of participation in the teacher labor force. These estimates suggest that, should the federal government mandate full inclusion in Social Security for all public sector workers, the retirement timing patterns of newly covered teachers and other public sector workers would likely change.
机译:这项研究记录了社会保障收入在工人退休时间中的重要作用。大约40%的公立学校教师不在社会保障范围之内。这提供了一个机会,可以通过比较覆盖和未覆盖的教师来分析社会保障对退休时间的因果影响。使用来自美国社区调查的个人数据,我们找到了有力的证据,证明处于社会保障资格年龄的有盖教师中退休率更高。使用教师劳动力参与的替代回归模型可以确认这种模式。这些估计表明,如果联邦政府要求所有公共部门工作人员完全纳入社会保障体系,则新覆盖的教师和其他公共部门工作人员的退休时间安排可能会改变。

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