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. Author manuscript; available in PMC: 2010 May 3.
Published in final edited form as: Economist (Leiden). 2008;156(2):113–144. doi: 10.1007/s10645-008-9086-1
Until 65 From 65 until 70 70 and over
Working 38 hrs per week Working 23 hrs per week,
after-tax income is 100%
of earnings at age 65.		 Not working,
net pension income is 90% of
after-tax earnings at age 65.