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Early Retirement in the Government Sector in Egypt: Preferences, Determinants and Policy Implications

El-Hamidi, Fatma (2007) Early Retirement in the Government Sector in Egypt: Preferences, Determinants and Policy Implications. In: EFR. (Unpublished)

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Abstract

The objective of this study is to look at factors affecting the decision of early retirement for Egyptian government sector employees. The empirical analysis is based on a 2005 nationally representative sample of 3437 government sector workers, ranging in age between 50 and 57 years. The study’s main findings are: the age of 55 is shown to be the age of choice for early retirement for both men and women; women are more likely to retire earlier than men; good health status is associated with longer stay in the job; women are more educated than men; the level of education is not a determining factor for women, but it is for men; men without a university degree are more likely to retire earlier than others with a university degree; men plan to work after their early retirement; the presence of the working wife has a positive effect on her husband’s decision to retire early, yet a working husband discourages his wife to retire early. Meanwhile, the policy implications discussed are: timing of the announcement of the plans; the question of voluntary vs. compulsory early retirement plans; the potential outcome of excessive payoffs and curtailing adverse selection by targeting redundant employees and preserving the most productive; and the need for the government to provide early retirees with the necessary skills and training to face their post retirement years.


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Details

Item Type: Conference or Workshop Item (Paper)
Status: Unpublished
Creators/Authors:
CreatorsEmailPitt UsernameORCID
El-Hamidi, Fatmafatma@pitt.eduFATMA
Date: 2007
Date Type: Publication
Event Title: EFR
Event Type: Conference
Institution: University of Pittsburgh
Schools and Programs: Dietrich School of Arts and Sciences > Economics
Graduate School of Public and International Affairs > Public and International Affairs
Refereed: No
Official URL: http://www.erf.org.eg/cms.php?id=publication_detai...
Date Deposited: 06 Oct 2010 15:14
Last Modified: 25 Aug 2017 05:09
URI: http://d-scholarship.pitt.edu/id/eprint/5765

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