The Financial Repercussions of New Work-Limiting Health Conditions for Older Workers

The Financial Repercussions of New Work-Limiting Health Conditions for Older Workers

Published: Aug 01, 2012
Publisher: Inquiry, vol. 49, issue 2
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Authors

David C. Stapleton

Using a nonexperimental analysis, this article examined earnings and income for older workers who later experience the onset of a medical condition that limits their ability to work. Income from unemployment insurance, workers' compensation, and retirement and disability benefits offset only a small amount of the earnings declines, resulting in decreased overall household income after onset of the work-limiting condition.

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