IPP Report n°9 – June 2015
Authors: Didier Blanchet, Antoine Bozio, Simon Rabaté
This report presents estimations and simulations of various models of retirement behaviour on administrative data from the scheme dedicated to French civil servants (State civil servants only). The reports presents also details of the pension rules applied to civil servants in France. Three families of models are tested: “full-rate” model, whereby the decision retirement is highly influenced by getting a full-rate pension, incentives variables models whereby individuals choose to retire based on the marginal incentive to pursue work (peak value, accrual, option value) and finally various models placing high value to replacement rate in the individuals’ decision to retire.