Later Pension, Poorer Health? Evidence from the New State Pension Age in the UK

Carrino, Ludovico and Glaser, Karen and Avendano, Mauricio (2018): Later Pension, Poorer Health? Evidence from the New State Pension Age in the UK.

Abstract

This paper examines the health impact of UK pension reforms that increased women’s State Pension age for up to six years since 2010. Exploiting an 11% increase in employment caused by the reforms, we show that rising the State Pension age reduces physical and mental health among women from routine-manual occupations. We show robust evidence that a larger increase in the State Pension age leads to larger negative health effects, resulting in a widening gap in health between women from different occupations. Our results are consistent with a 27% fall in individual incomes for women in routine-manual occupations.

• Item Type: MPRA Paper
• Language: English
• Keywords: Social Security, Public Pensions, Economics of ageing, Public Health; Understanding Society
• Subjects: H - Public Economics > H7 - State and Local Government ; Intergovernmental Relations > H75 - State and Local Government: Health ; Education ; Welfare ; Public Pensions; I - Health, Education, and Welfare > I1 - Health > I14 - Health and Inequality; I - Health, Education, and Welfare > I1 - Health > I18 - Government Policy ; Regulation ; Public Health; J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J26 - Retirement ; Retirement Policies

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