Older Workers: Employment and Retirement Trends

Purcell, Patrick

Library of Congress. Congressional Research Service.

关键词: Labor;    Retirement;    Age and employment;    Retirement age;    Retirement income;   

RP-ID  :  RL30629
RP-ID  :  RL30629_2008Sep15

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report begins by describing the change in the age distribution of the U.S. population that will occur between 2005 and 2025 and by summarizing the historical data on the labor force participation of older workers. This discussion is followed by an analysis of data from the Census Bureau's Current Population Survey on employment and receipt of pension income among persons age 55 and older. Employment trends among older workers are then discussed in the context of data from the Social Security Administration on the proportion of workers who claim retired-worker benefits before the full retirement age (65 years and 10 months for people who turn 65 in 2008). The final section of the report discusses "phased retirement," a process that combines reduced hours of work with receipt of pension income.