@TechReport{iza:izadps:dp1353,
            	author={Even, William E. and Macpherson, David A.},
            	title={Do Pensions Impede Phased Retirement?},
            	year={2004},
	month={Oct},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={1353},
            	url={https://www.iza.org/index.php/publications/dp1353},
	abstract={Many workers reveal a preference for a gradual reduction in work hours as they approach
retirement (“phased retirement”), rather than a sudden change from full-time work to full-time
retirement. Pension regulations may impede phased retirement without a switch of employers
by prohibiting access to pension assets. This study uses Health and Retirement Survey data
to investigate the extent to which a gradual reduction in work hours is made difficult by
pensions, particularly defined benefit plans. The study also explores other possible
impediments to phased retirement.},
	keywords={phased retirement},
            }