Early retirement may
accelerate cognitive decline
Plamen Nikolov, an assistant professor of economics, and Shahadath
Hossain, a doctoral student in economics
each from Binghamton University, tested the New China Rural Pension
Scheme (NRPS) and the China Longitudinal Retirement
and Fitness Survey (CHARLS). ) to determine how retirement plans
affect cognitive abilities. overall performance among plan participants.
CHARLS, a nationally representative survey of people aged forty-five years
and older in the Chinese-speaking population
immediately examines cognition with a focus on episodic memory
and components of intact mental reputation.
the elderly population has become the largest demographic group in Asia and Latin America,
creating a pressing need for new sustainable pension systems.
However, Nikolov's research indicates that such retirement plans
will have fortuitous downstream results.
In a new note, Nikolov's team indicates that the right of access to retirement plans may play
an important role in explaining cognitive decline at later ages.
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