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EARLY RETIREMENT FOR LABOUR MARKET REASONS

Statistics Directorate    
Definition:
Early retirement for labour market reasons includes only special schemes in which workers receive retirement pensions because they are out of work or otherwise for reasons of labour market policy. Disability pensions are not included.

These programme expenditures depend largely on the extent to which early pensions are subsidised rather than funded within regular pension plans, e.g. by actuarially calculated reductions of the amounts paid.

Source Publication:
Definitions of the Standardised categories and Sub-categories of Labour Market Programmes, OECD, 2001.

Statistical Theme: Social and welfare statistics

Created on Tuesday, September 25, 2001

Last updated on Tuesday, March 04, 2003