The aim of this project is to model and simulate retirement behaviour within the state civil service.
Modelling civil servants’ retirement behaviour
Project Status
Completed
Context
Presentation
The aim is to analyse the retirement patterns of civil servants, both civilian and military, within the State civil service. Using data on pension payout flows from the State Pensions Service (SRE), various retirement behaviour models will be estimated and tested for their predictive power. Recent reforms to the French pension system have profoundly altered the incentives for retirement within the civil service. These changes to the pension entitlement scale can be utilised in the implementation of estimates for retirement behaviour models. The modelling is intended to serve as a basis for the Budget Directorate’s forecasts of public pension expenditure, particularly in the context of ex ante assessments of pension system reforms.
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