{"id":23099,"date":"2020-07-08T10:18:00","date_gmt":"2020-07-08T07:18:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/does-early-access-to-pension-funds-improve-health\/"},"modified":"2020-07-08T10:18:00","modified_gmt":"2020-07-08T07:18:00","slug":"does-early-access-to-pension-funds-improve-health","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/does-early-access-to-pension-funds-improve-health\/","title":{"rendered":"#Does early access to pension funds improve health?"},"content":{"rendered":"

“#Does early access to pension funds improve health?<\/strong>”<\/p>\n

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\n Credit: CC0 Public Domain
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In a recent study from Singapore, early access to pension wealth was associated with improved health status. The findings are published in Economic Inquiry<\/i>.<\/p>\n

Singapore has a unique policy that allows individuals to withdraw a proportion of their pension savings after their 55th birthday, which relaxes individuals’ borrowing constraints. To examine its health impacts, investigators analyzed monthly survey data from 2015 to 2019, comparing individuals’ self-reported health status before and after their 55th birthday.<\/p>\n

The results indicated that early access to pension wealth improves overall health status. Detailed analyses of underlying mechanisms showed that early access to pension wealth might boost health by improving psychological well-being.
\n“Since allowing the early partial withdrawal of pension balances does not necessarily increase the fiscal burden of the government, our results imply that flexible access to pension wealth could be a cost-effective policy to improve the health of middle-aged individuals,” said co-author Kanghyock Koh, Ph.D., of Korea University.<\/p>\n

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More information:<\/strong>
\n Seonghoon Kim et al, DOES EARLY ACCESS TO PENSION WEALTH IMPROVE HEALTH?, Economic Inquiry<\/i> (2020). DOI: 10.1111\/ecin.12903<\/p>\n

\n Citation<\/strong>:
\n Does early access to pension funds improve health? (2020, July 8)
\n retrieved 8 July 2020
\n from https:\/\/phys.org\/news<\/a>\/2020-07-early-access-pension-funds-health.html<\/p>\n

This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no
\n part may be reproduced without the written permission. The content is provided for information purposes only.<\/p><\/div>\n<\/p><\/div>\n

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“#Does early access to pension funds improve health?” Credit: CC0 Public Domain In a recent study from Singapore, early access to pension wealth was associated with improved health status. The findings are published in Economic Inquiry. Singapore has a unique policy that allows individuals to withdraw a proportion of their pension savings after their 55th…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[16],"tags":[34700,11001],"class_list":["post-23099","post","type-post","status-publish","format-standard","hentry","category-sciencee","tag-does-early-access-to-pension-funds-improve-health","tag-economics-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/23099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=23099"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/23099\/revisions"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=23099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=23099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=23099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}