Forty percent of private pension participants had plans providing benefit increases for retirees during 1978-1981. Increases were usually less than half the rise in the Consumer Price Index. (SK)

Between 1984 and 1993, work activity increased among men under 65 who had retired early. Factors influencing this trend include changes in pensions, increased health care costs, longer life expectancy, more layoffs, and more opportunities for flexible schedules and less physically demanding work. (SK)

As life expectancy increases, more people continue working later in life. Some retirement plans offer incentives, others disincentives to retire. Health, life, and disability insurance plans often have different provisions for older workers. (SK)