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Pathways to Retirement and Mortality Risk in The Netherlands

Author

Listed:
  • Adriaan Kalwij

    (Utrecht University School of Economics
    Tilburg University
    Network for Studies on Pensions, Aging and Retirement (Netspar))

  • Rob Alessie

    (University of Groningen
    Network for Studies on Pensions, Aging and Retirement (Netspar))

  • Marike Knoef

    (CentERdata (Tilburg University), Leiden University
    Network for Studies on Pensions, Aging and Retirement (Netspar))

Abstract

The success of policies aimed at keeping older workers in employment until the statutory retirement age in part depends on the health of these workers. For this reason we examine to what extent pathways to statutory retirement other than employment are associated with adverse health conditions as measured by increased mortality risk during retirement. To do so, we estimate a mortality risk model using Dutch administrative data. We find, conditional on labor market status at the age of 58 and compared to individuals who are employed until the statutory retirement age of 65, no increased mortality risk among individuals who, between the ages of 58 and 65, have been in early retirement or unemployment and an increased mortality risk among individuals who have drawn disability insurance benefits. Our results suggest that older workers other than those who qualify for disability insurance benefits, may, on average, have no significant health conditions that could adversely impact the effectiveness of reforms that create stronger financial incentives for continued employment until age 65.

Suggested Citation

  • Adriaan Kalwij & Rob Alessie & Marike Knoef, 2013. "Pathways to Retirement and Mortality Risk in The Netherlands," European Journal of Population, Springer;European Association for Population Studies, vol. 29(2), pages 221-238, May.
  • Handle: RePEc:spr:eurpop:v:29:y:2013:i:2:d:10.1007_s10680-013-9283-8
    DOI: 10.1007/s10680-013-9283-8
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    References listed on IDEAS

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    Cited by:

    1. Adriaan Kalwij & Klaas de Vos & Arie Kapteyn, 2014. "Health, Disability Insurance, and Labor Force Exit of Older Workers in the Netherlands," NBER Chapters, in: Social Security Programs and Retirement Around the World: Disability Insurance Programs and Retirement, pages 211-249, National Bureau of Economic Research, Inc.
    2. Mattia Filomena & Matteo Picchio, 2023. "Retirement and health outcomes in a meta‐analytical framework," Journal of Economic Surveys, Wiley Blackwell, vol. 37(4), pages 1120-1155, September.

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