Closing the Deficit
How Much Can Later Retirement Help?
||Aaron, Henry J.|
|Publication Date:||Sep 2013|
| Publisher:||Brookings Institution Press|
| Book Format:||Paperback|
|List Price:||USD $22.95|
| Book Description: |
As the average age of the population continues to rise in industrialized nations, the fiscal impacts of aging demand ever-closer attention. Closing the Deficit examines one oft-discussed approach to the issue--encouraging people to work longer than they now do.
Workers would spend more years paying taxes and fewer years drawing pension and health benefits. But how much difference to spending and revenues would longer working lives make? What steps could be taken to make...