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According to a 2004 analysis by Mulvey, "... the existence of a phased retirement program increases the average retirement age among women by 21 months. For men, phasing increased average retirement age by about 5 months."(p.16)
Mulvey, J., & Nyce, S. (2004). Strategies to retain older workers. (Pension Research Council Working Paper No. 2004-13). Philadelphia, PA: The Wharton School, University of Pennsylvania. Retrieved from http://rider.wharton.upenn.edu/~prc/PRC/WP/WP2004-13.pdf
"In this chapter we begin we begin by outlining the economic and demographic realities facing employers and spell out how these change the "retirement promise." To understand the process, we qualify the effect of several factors on older workers' retirement patterns, including early retirement incentives in DB plans, retiree medical coverage, and various work/life benefits including phased retirement and eldercare program."
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140 Commonwealth Avenue - McGuinn, 6th Floor - Chestnut Hill, MA 02467
Email: age.work@bc.edu - Phone: 617.552.9195 - Fax: 617.552.9202
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