Longevity Policy: Facing Up to Longevity Issues Affecting Social Security, Pensions, and Older Workers

Title

Longevity Policy: Facing Up to Longevity Issues Affecting Social Security, Pensions, and Older Workers

Year

2011

Abstract

Turner argues that public policy should recognize longevity policy as a distinct policy area. Rather than separately treating issues raised by life expectancy (e.g., Social Security, pensions, older workers), a unified approach should be developed that recognizes their interrelationship.

Files

Download 1. The Policy Challenges of Increasing Longevity: Paying the Costs of Living Longer (140 KB)

Contents

1. The Policy Challenges of Increasing Longevity: Paying the Costs of Living Longer

Part 1: Labor Market Policy toward Older Workers

2. Can Older Workers Extend Their Work Lives? Changes in Health and Job Requirements

Part 2: Social Security Policy

3. Automatic Adjustment Mechanisms to Maintain Social Security’s Solvency
4. Raising the Early Retirement Age
5. Longevity Insurance Benefits

Part 3: Pension Policy

6. Defined Contribution Plans: Encouraging Annuitization
7. Defined Benefit Plans: Flexibility to Deal with Increasing Life Expectancy

Part 4: Conclusion

8. Policy Recommendations

ISBN

(cloth) 978-0-88099-378-4 ; (paper) 978-0-88099-377-7

Subject Areas

EMPLOYMENT and COMPENSATION; Retirement and pensions; Employer strategies; Pensions; Retiree health benefits; Retirement decisions

Longevity Policy: Facing Up to Longevity Issues Affecting Social Security, Pensions, and Older Workers

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