TY  - RPRT
        AU  - Even, William E.
AU  - Macpherson, David A.
        TI  - Do Pensions Impede Phased Retirement?
        PY  - 2004/Oct/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 1353
        UR  - https://www.iza.org/publications/dp1353
        AB  - 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.
        KW  - phased retirement
        ER  -