Munich Personal RePEc Archive

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.

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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.

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