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THE EFFECT OF THE SOUTH AFRICAN OLD AGE PENSION ON LABOUR SUPPLY OF THE ELDERLY

2006/12/01 by Vimal Ranchhod · 2 citations
Social Sciences · #Poverty, Education, and Child Welfare #Gender, Labor, and Family Dynamics #Migration and Labor Dynamics

paper · doi:10.1111/j.1813-6982.2006.00098.x

openalex publication_date 2006/12/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/05/21

Abstract

Abstract In this paper, we estimate the effect of the means tested South African Old Age Pension on labour supply amongst the elderly African subpopulation in South Africa. We find significant decreases in employment rates and labour supply. Those who remain employed beyond the pensionable age are more likely to work in jobs with flexible hours of work, and work even fewer hours than people in similar jobs who are not pension age‐eligible. Our results suggest that governments do need to consider the labour supply related incentives provided via its various welfare programmes.

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