关键词: 社会养老保险 , 提前退休 , 延迟退休 , 家庭养老

Abstract: As the increase of life expectancy and raise of financial burden of social endowment insurance in China, it has become the inevitable choice to postpone retirement. The retirement behavior effected by social security deserves considering as an important family decision. Using the 2010 China Family Panel Studies (CFPS) data and based on the Probit model and instrumental variable method, this paper empirically analyzes the effect of social endowment insurance on the real retirement age decisions of the elders. The results indicate that owning social endowment insurance has significantly positive incentive to early retirement, and decreases the probability of postponing retirement significantly. This paper uses intergenerational residential behavior as the family provision, then finds that pensions retirement incentive is not significant to the ones who are effected by provision very much. On the contrary, if the agent does not live together with his children, his retirement behavior will be effected significantly by pension.

Key words: social endowment insurance , early retirement , delayed retirement , family provision