Opportunity Information: Apply for PA 06 235
Apply for PA 06 235
- The National Institutes of Health in the health sector is offering a public funding opportunity titled "Retirement Economics (R03)" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 93.866 Aging Research.
- This funding opportunity was created on Dec 5, 2008 and posted on Mar 10, 2006.
- Applicants must submit their applications by Multiple Receipt Dates See Link to Full Announcement for details.. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $50,000.00 in funding.
- Eligible applicants include: Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education Public housing authorities/Indian housing authorities For profit organizations other than small businesses Native American tribal governments (Federally recognized) Others (see text field entitled Additional Information on Eligibility for clarification) Public and State controlled institutions of higher education City or township governments Independent school districts State governments Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education Special district governments County governments Private institutions of higher education Native American tribal organizations (other than Federally recognized tribal governments).
- Foreign institutions are eligible to apply. Eligible agencies of the Federal Government are eligible to apply.
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Opportunity Summary:
The Retirement Economics (R03) grant opportunity (Funding Opportunity Number PA 06-235) is a National Institutes of Health program administered through the National Institute on Aging (NIA) that supports small, focused research projects examining the economic dimensions of retirement and later-life work. It uses the NIH R03 mechanism, which is designed for discrete, well-scoped studies that can be completed with limited resources, often serving as a way to test ideas, generate preliminary evidence, or develop methods that can later be scaled into larger projects. The opportunity sits within the broader aging research mission (CFDA 93.866) and is aimed at improving understanding of how and why people retire, how work and well-being change as people transition out of the labor force, and what those patterns mean for individuals and society.
The scientific scope is centered on retirement behavior and the conditions surrounding it, with NIA specifically highlighting several priority areas. These include research on the determinants of retirement behavior, meaning studies that identify and quantify the drivers of retirement timing and decisions (such as financial incentives, pension and Social Security rules, health shocks, job characteristics, family obligations, or employer practices). It also calls for work on variation in later-life work patterns, which can include phased retirement, bridge jobs, part-time work, re-entry into the labor force, self-employment, and differences by occupation, gender, education, race and ethnicity, or geographic region. Another major theme is tracking the evolution of individuals health and economic circumstances through retirement and into later life, which can connect labor force exit to changes in income, wealth, consumption, medical spending, disability, caregiving demands, and longer-term health trajectories.
Beyond employment and finances, the announcement encourages studies on time use and life satisfaction before and during retirement, emphasizing that retirement is not just a financial event but also a major change in daily activities, social engagement, and subjective well-being. Applicants are also invited to examine the broader implications of retirement trends, which can include consequences for public programs, labor markets, employer benefit design, inequality, intergenerational transfers, and long-term economic security. Another encouraged topic is retirement expectations, including how people form beliefs about when they will retire, what resources they expect to have, and how accurate those expectations are compared to actual outcomes. The FOA explicitly welcomes international comparisons of retirement, supporting cross-country analyses that leverage differences in institutions and policies to understand how retirement behavior responds to incentives and constraints. Finally, it encourages the development of innovative retirement modeling techniques, which can involve new econometric approaches, structural models, simulation tools, or methods that better integrate health, longevity risk, and policy design into retirement decision-making frameworks.
From an administrative standpoint, this is a discretionary grant opportunity with no cost-sharing or matching requirement. The award ceiling listed is $50,000, consistent with the small-grant nature of the R03 mechanism. The FOA uses multiple receipt dates rather than a single deadline, with applicants directed to the full announcement for the specific schedule and submission details. While the opportunity is archived (archive date April 1, 2009), the summary content describes the goals and structure of the program as published.
Eligibility is broad and includes many organization types. Eligible applicants include public and private institutions of higher education, nonprofits with or without 501(c)(3) status, state and local governmental entities (including counties, cities or townships, special districts, and independent school districts), public housing authorities and Indian housing authorities, federally recognized Native American tribal governments and other tribal organizations, and for-profit organizations other than small businesses. The eligibility notes also state that foreign institutions may apply and that eligible agencies of the U.S. Federal Government may apply, which expands participation beyond the typical domestic academic applicants and supports comparative and international research. The opportunity is posted by NIH, with an additional information link to the full FOA text on the NIH grants site, and the NIH Office of Extramural Research webmaster contact provided for access or linking issues.
Frequently Asked Questions (FAQs): Retirement Economics (R03) - NIH/NIA (PA-06-235)
What is the Retirement Economics (R03) grant opportunity?
This opportunity (Funding Opportunity Number PA-06-235) is a National Institutes of Health (NIH) program administered by the National Institute on Aging (NIA). It supports small, focused research projects on the economic dimensions of retirement and later-life work.
Which NIH grant mechanism does this program use?
The program uses the NIH R03 mechanism, which is intended for discrete, well-scoped studies that can be completed with limited resources. It is often used to test ideas, generate preliminary evidence, or develop methods that could later be expanded into larger projects.
What is the overall purpose of this funding opportunity?
The goal is to improve understanding of how and why people retire, how work and well-being change during the transition out of the labor force, and what these patterns mean for individuals and society.
What CFDA number is associated with this opportunity?
The opportunity is part of the broader aging research mission under CFDA 93.866.
What research topics are considered a priority within this FOA?
NIA highlights several priority areas, including determinants of retirement behavior, variation in later-life work patterns, the evolution of health and economic circumstances through retirement, time use and life satisfaction around retirement, broader implications of retirement trends, retirement expectations, international comparisons of retirement, and innovative retirement modeling techniques.
What does "determinants of retirement behavior" mean in this context?
It refers to studies that identify and quantify factors that influence retirement timing and decisions, such as financial incentives, pension and Social Security rules, health shocks, job characteristics, family obligations, or employer practices.
What types of later-life work patterns are within scope?
Examples mentioned include phased retirement, bridge jobs, part-time work, re-entry into the labor force, and self-employment. The FOA also emphasizes examining differences by occupation, gender, education, race and ethnicity, or geographic region.
Does the FOA encourage research that links retirement to health and finances over time?
Yes. It encourages tracking how health and economic circumstances evolve through retirement and later life, including connections to income, wealth, consumption, medical spending, disability, caregiving demands, and longer-term health trajectories.
Is retirement treated as more than a financial event under this opportunity?
Yes. The FOA encourages studies on time use and life satisfaction before and during retirement, recognizing retirement as a major change in daily activities, social engagement, and subjective well-being.
What kinds of "broader implications" of retirement trends are relevant?
Examples include consequences for public programs, labor markets, employer benefit design, inequality, intergenerational transfers, and long-term economic security.
Are studies about retirement expectations allowed?
Yes. The FOA encourages research on how people form expectations about when they will retire, what resources they expect to have, and how accurate those expectations are compared to actual outcomes.
Does this program support international or cross-country research?
Yes. The FOA explicitly welcomes international comparisons of retirement, including cross-country analyses that use differences in institutions and policies to study how retirement behavior responds to incentives and constraints.
What kinds of modeling or methods development does the FOA encourage?
It encourages innovative retirement modeling techniques, including new econometric approaches, structural models, simulation tools, or methods that better integrate health, longevity risk, and policy design into retirement decision-making frameworks.
What is the maximum award amount for this opportunity?
The award ceiling listed is $50,000, consistent with the small-grant nature of the R03 mechanism.
Is cost-sharing or matching required?
No. The opportunity states there is no cost-sharing or matching requirement.
How many deadlines or receipt dates are there?
The FOA uses multiple receipt dates rather than a single deadline. Applicants are directed to the full announcement for the specific submission schedule and details.
Is this funding opportunity still active?
The opportunity is described as archived, with an archive date of April 1, 2009. The summary information describes the program goals and structure as published.
Who is eligible to apply?
Eligibility is broad. Eligible applicants include public and private institutions of higher education; nonprofits with or without 501(c)(3) status; state and local governmental entities (including counties, cities or townships, special districts, and independent school districts); public housing authorities and Indian housing authorities; federally recognized Native American tribal governments and other tribal organizations; and for-profit organizations other than small businesses.
Can foreign institutions apply?
Yes. The eligibility information notes that foreign institutions may apply.
Can U.S. Federal Government organizations apply?
Yes. The eligibility notes state that eligible agencies of the U.S. Federal Government may apply.
Which NIH institute administers this opportunity?
The opportunity is administered through the National Institute on Aging (NIA) under NIH.
Where can applicants find the full FOA and official instructions?
The opportunity is posted by NIH and includes an additional information link to the full FOA text on the NIH grants site. The NIH Office of Extramural Research webmaster contact is provided for access or linking issues.
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