Shattered Dreams: The Effects of Changing the Pension System Late in the Game

• 成果类型: Article
• 署名作者: De Grip, Andries; Lindeboom, Maarten; Montizaan, Raymond
• 署名单位: Maastricht University; Tinbergen Institute; Vrije Universiteit Amsterdam; Maastricht University
• 刊物名称: ECONOMIC JOURNAL
• ISSN/ISSBN: 0013-0133
• DOI: 10.1111/j.1468-0297.2011.02486.x
• 发表日期: 2012
• 页码: 1-25
• 关键词: self-rated health; Older adults; DEPRESSION; retirement; happiness; symptoms; DYNAMICS; income; LIFE; AGE

摘要

This article assesses the impact of a dramatic reform of the Dutch pension system on the mental health of workers nearing retirement age. The reform means that public sector workers born on 1 January 1950 or later face a substantial reduction in their pension rights while, for workers born before 1950 nothing changes. We employ a unique-matched survey and administrative dataset comprising male public sector workers born in 1949 and 1950 and find a strong deterioration in mental health for workers affected by the reform. These effects are stronger for married workers whose partner has no pension income.