Maurer Raimond, Mitchell Olivia S
Goethe University of Frankfurt, Theodor-W.-Adorno-Platz 3, 60323 Frankfurt am Main, Germany.
The Wharton School of the University of Pennsylvania, 3620 Locust Walk, Steinberg Hall-Dietrich Hall, Philadelphia, PA 19104.
J Pension Econ Financ. 2021 Jul;20(3):410-425. doi: 10.1017/s1474747219000404. Epub 2020 Jan 14.
We have designed and implemented an experimental module in the 2014 Health and Retirement Study (HRS) to measure older persons' willingness to defer claiming of Social Security benefits. Under the current system' where delaying claiming boosts eventual benefits, we show that 46% of the respondents would delay claiming and work longer. If respondents were instead offered an actuarially fair payment instead of higher lifelong benefits, about 56% indicate they would delay claiming. Without a work requirement, the average amount needed to induce delayed claiming is only $60,400, while when part-time work is stipulated, the amount is slightly higher, $66,700. This small difference implies a low utility value of leisure foregone, of under 20% of average household income.
我们在2014年健康与退休研究（HRS）中设计并实施了一个实验模块，以衡量老年人延迟申领社会保障福利的意愿。在当前系统下，延迟申领会增加最终福利，我们发现46%的受访者会延迟申领并延长工作时间。如果向受访者提供精算公平的支付而非更高的终身福利，约56%的人表示会延迟申领。在没有工作要求的情况下，诱导延迟申领所需的平均金额仅为60,400美元，而当规定兼职工作时，该金额略高，为66,700美元。这一微小差异意味着放弃休闲的效用价值较低，低于平均家庭收入的20%。
