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. Author manuscript; available in PMC: 2015 Dec 1.
Published in final edited form as: J Health Econ. 2014 Dec;0:88–98. doi: 10.1016/j.jhealeco.2014.03.009

Table 2.

Difference-in-Difference Estimates of the Effects of Pension and Retiree Health Insurance Eligibility on IPS Employee Retirement, by Age of Employee

Eligible Treat
Age 55 −0.018 (0.036) 0.052** (0.022)
Age 56 −0.010 (0.019) 0.047*** (0.012)
Age 57 −0.010 (0.022) 0.007 (0.018)
Age 58 0.015 (0.020) −0.018 (0.018)
Age 59 0.023 (0.016) −0.014 (0.013)
Age 60 0.096*** (0.010) 0.004 (0.011)
Age 61 0.068*** (0.012) −0.002 (0.010)
Age 62 0.045*** (0.015) 0.007 (0.011)
Age 63 0.094*** (0.018) 0.008 (0.010)
Age 64 0.094*** (0.008) 0.008 (0.013)
Age 65 0.243*** (0.016) −0.135*** (0.015)
Age 66 0.400*** (0.021) −0.266*** (0.019)
Age 67 0.187*** (0.036) −0.085*** (0.018)
Age 68 0.206*** (0.040) −0.072** (0.032)
Age 69 0.181*** (0.040) −0.097*** (0.029)
Age 70 0.269*** (0.043) −0.087** (0.035)
Age 71 0.195*** (0.048) −0.100*** (0.035)
Age 72 0.185*** (0.046) −0.108** (0.046)
Age 73 0.171*** (0.060) −0.143** (0.064)
Age 74 0.359*** (0.073) −0.260*** (0.068)
Age 75 0.168*** (0.053) −0.155*** (0.047)
Observations 405,139

Note: Based on author’s calculations using TRS and TSR data on employees of IPS schools from 1971 to 1992. Only employees ages 50 and older and those vested in the pension system are included in the analysis. Specification includes year-by-district, age, experience and age-group-by-year and experience-group-by-year fixed effects.