FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3125174868> ?p ?o ?g. }

• W3125174868 abstract "With lower Social Security replacement rates, vanishing traditional pensions, and longer lifespans, many people will need to work longer to ensure a secure retirement. Working longer directly increases current income; it avoids the actuarial reduction in Social Security benefits; it allows people to contribute more to their 401(k) plans; and it shortens the period of retirement. The good news is that people have begun to respond; the average retirement age has increased by about two years over the last 25 years. The challenge is to reconcile this increase in work effort with the benefit claiming data published by the Social Security Administration (SSA). These data, which are released annually, show, of all workers claiming benefits in a given year, the percentage who are age 62, 63, 64, etc. These data suggest that the proportion of older men who claim benefits as early as possible did not change at all over the 1985-2005 period and has only begun to decline in the last decade. This pattern is not consistent with the rise in the average retirement age. The problem is that when the size of the group turning age 62 is increasing, as it has over the last two decades, the data will show that 62-yearold claimants make up a larger portion of total new claimants in a given year even if a smaller percentage of 62-year-old workers claim immediately. To accurately follow claiming behavior over time, one must look at cohort data. Such data show, of the potential claimants turning 62 in a given year, the percentage who claim benefits as soon as possible. This brief presents cohort patterns based on unpublished SSA data on people eligible to claim retired-worker benefits by birth year. The discussion proceeds as follows. The first section describes the claim-year data published annually by SSA. The second section shows the change in the number of people turning 62 and discusses the impact of this “cohort effect” on claiming patterns. The third section presents claiming age by cohort. The final section concludes that the cohort (or birth-year) data, unlike the claim-year data, show that the share of people claiming Social Security retired worker benefits when they attain age 62 has been falling since the mid-1990s. This decline in people claiming early benefits is fully consistent with the increase in the average retirement age." @default.
• W3125174868 created "2021-02-01" @default.
• W3125174868 creator A5012764458 @default.
• W3125174868 creator A5085286977 @default.
• W3125174868 date "2015-01-01" @default.
• W3125174868 modified "2023-09-23" @default.
• W3125174868 title "Trends in Social Security Claiming" @default.
• W3125174868 hasPublicationYear "2015" @default.
• W3125174868 type Work @default.
• W3125174868 sameAs 3125174868 @default.
• W3125174868 citedByCount "4" @default.
• W3125174868 countsByYear W31251748682015 @default.
• W3125174868 countsByYear W31251748682016 @default.
• W3125174868 crossrefType "posted-content" @default.
• W3125174868 hasAuthorship W3125174868A5012764458 @default.
• W3125174868 hasAuthorship W3125174868A5085286977 @default.
• W3125174868 hasConcept C10138342 @default.
• W3125174868 hasConcept C126322002 @default.
• W3125174868 hasConcept C127413603 @default.
• W3125174868 hasConcept C162324750 @default.
• W3125174868 hasConcept C18762648 @default.
• W3125174868 hasConcept C2777111884 @default.
• W3125174868 hasConcept C2777288899 @default.
• W3125174868 hasConcept C2780899237 @default.
• W3125174868 hasConcept C34447519 @default.
• W3125174868 hasConcept C4249254 @default.
• W3125174868 hasConcept C71924100 @default.
• W3125174868 hasConcept C72563966 @default.
• W3125174868 hasConcept C78519656 @default.
• W3125174868 hasConceptScore W3125174868C10138342 @default.
• W3125174868 hasConceptScore W3125174868C126322002 @default.
• W3125174868 hasConceptScore W3125174868C127413603 @default.
• W3125174868 hasConceptScore W3125174868C162324750 @default.
• W3125174868 hasConceptScore W3125174868C18762648 @default.
• W3125174868 hasConceptScore W3125174868C2777111884 @default.
• W3125174868 hasConceptScore W3125174868C2777288899 @default.
• W3125174868 hasConceptScore W3125174868C2780899237 @default.
• W3125174868 hasConceptScore W3125174868C34447519 @default.
• W3125174868 hasConceptScore W3125174868C4249254 @default.
• W3125174868 hasConceptScore W3125174868C71924100 @default.
• W3125174868 hasConceptScore W3125174868C72563966 @default.
• W3125174868 hasConceptScore W3125174868C78519656 @default.
• W3125174868 hasLocation W31251748681 @default.
• W3125174868 hasOpenAccess W3125174868 @default.
• W3125174868 hasPrimaryLocation W31251748681 @default.
• W3125174868 hasRelatedWork W1513945984 @default.
• W3125174868 hasRelatedWork W1533679549 @default.
• W3125174868 hasRelatedWork W1561055168 @default.
• W3125174868 hasRelatedWork W197569552 @default.
• W3125174868 hasRelatedWork W2010537878 @default.
• W3125174868 hasRelatedWork W2078237631 @default.
• W3125174868 hasRelatedWork W2211133769 @default.
• W3125174868 hasRelatedWork W22586864 @default.
• W3125174868 hasRelatedWork W2277221824 @default.
• W3125174868 hasRelatedWork W2295442024 @default.
• W3125174868 hasRelatedWork W2320836315 @default.
• W3125174868 hasRelatedWork W2557259974 @default.
• W3125174868 hasRelatedWork W277600067 @default.
• W3125174868 hasRelatedWork W296666797 @default.
• W3125174868 hasRelatedWork W3122321366 @default.
• W3125174868 hasRelatedWork W3124326057 @default.
• W3125174868 hasRelatedWork W3125326528 @default.
• W3125174868 hasRelatedWork W3183835973 @default.
• W3125174868 hasRelatedWork W3122394519 @default.
• W3125174868 hasRelatedWork W3123108094 @default.
• W3125174868 isParatext "false" @default.
• W3125174868 isRetracted "false" @default.
• W3125174868 magId "3125174868" @default.
• W3125174868 workType "article" @default.