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

Author

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  • Carrino, Ludovico
  • Glaser, Karen
  • Avendano, Mauricio

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.

Suggested Citation

  • Carrino, Ludovico & Glaser, Karen & Avendano, Mauricio, 2018. "Later Pension, Poorer Health? Evidence from the New State Pension Age in the UK," MPRA Paper 87575, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:87575
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    References listed on IDEAS

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    Cited by:

    1. Chiara Ardito & Roberto Leombruni & David Blane & Angelo d’Errico, 2020. "To Work or Not to Work? The Effect of Higher Pension Age on Cardiovascular Health," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 59(3), pages 399-434, July.
    2. Carrino, L.; & Nafilyan, V.; & Avendaño Pabon, M.;, 2019. "Should I Care or Should I Work? The Impact of Working in Older Age on Caregiving," Health, Econometrics and Data Group (HEDG) Working Papers 19/23, HEDG, c/o Department of Economics, University of York.

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    More about this item

    Keywords

    Social Security; Public Pensions; Economics of ageing; Public Health; Understanding Society;
    All these keywords.

    JEL classification:

    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
    • I14 - Health, Education, and Welfare - - Health - - - Health and Inequality
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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