The Effects of Partial Retirement on Health

Kantarci, Tunga

doi:10.2139/ssrn.2354643

Cited by 3 publications

(2 citation statements)

References 32 publications

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“…Second, the pension resources older adults receive may be of importance to the decision about bridge employment (Kantarci, 2012). In general, economic reasoning leads to the expectation that greater financial resources diminish the necessity of paid work to foresee in basic needs (Hypothesis 2).…”

Section: Theoretical Frameworkmentioning

confidence: 99%

Working retirees in Europe: individual and societal determinants

Dingemans

Henkens

Solinge

2016

Work, Employment and Society

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One of the solutions that could be used to resource the needs of ageing populations is the encouragement of individuals to extend working lives beyond retirement, often referred to as 'bridge employment'. Although previous studies provide important insights into individual determinants of bridge employment, there is scant research on the extent to which differences across countries and between genders exist and how these might be explained by economic and societal differences in the pension context. The determinants of participation in bridge employment are investigated among male and female retirees in 16 European countries. Multilevel models are estimated based on data from the Survey of Health, Ageing and Retirement in Europe project. It was found that where there is high expenditure on pensions there is a lower likelihood of retirees participating in bridge jobs, while strong norms that support working past retirement are positively associated with bridge employment.

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Section: Theoretical Frameworkmentioning

confidence: 99%

Working retirees in Europe: individual and societal determinants

Dingemans

Henkens

Solinge

2016

Work, Employment and Society

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“…The traditional pattern of exiting the workforce entirely at a given age has changed, and a long-term plan is now necessary to ensure that the financial, social, and health needs of increased longevity will be met. Kantarci (2013) examined how number of hours worked affected the physical or mental health conditions of U.S. residents between 50 and 75 years old over eight waves (1994)(1995)(1996)(1997)(1998)(1999)(2000)(2001)(2002)(2003)(2004)(2005)(2006)(2007)(2008) of the Health and Retirement Study (HRS). Working part or full time was found to deteriorate overall health and memory skills and reduced body weight.…”

Section: Changes In Older Workersmentioning

confidence: 99%

Retirement redefined.

Sterns¹,

McQuown²

2015

APA Handbook of Clinical Geropsychology, Vol. 2: Assessment, Treatment, and Issues of Later Life.

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Retirement has become more individualized and has evolved from the idea of a total withdrawal from the workforce to a gradual retreat, often accompanied by continued active involvement in the world of work. Whether one refers to this phase of life as a period of "renewment" (Bratter & Dennis, 2008), "revitalizing retirement" (Schlossberg, 2010) or reinvention (Merrill Lynch Wealth Management, 2013), the nature, timing, and appearance of retirement has changed. Dychtwald, Erickson, and Morrison (2004) argue that it is time to retire the concept of retirement. THE HISTORY AND EVOLUTION OF RETIREMENTA number of recent books address the complexity and richness of the history and major trends in career, work, and retirement (Blustein, 2013;Hedge & Borman, 2012;Wang, 2013;Wang, Olson, & Shultz, 2013). Several historical changes have significantly influenced the nature of retirement (Quinn, 2010;Zickar, 2013). At one time, companies depended on a large and loyal workforce and, to that end, provided defined benefits plans. The assurance of wealth and continued health care ensured that older workers would be willing to leave the workforce (Wang, 2012). The Age Discrimination and Employment Act (1986) also changed the nature of retirement, by eliminating a mandatory retirement age for all but a few select occupations; under the Act, anyone older than 40 is defined as belonging to a protected class. Furthermore, the Americans With Disabilities Act (1990) required that a workplace provide "reasonable accommodation" for disabled workers, to enable them to remain in the workplace.Changes in Social Security's benefit calculation rules now allow workers to delay receiving benefits, with the incentive of receiving more benefits if they wait (Wheaton & Crimmins, 2013). The steady shift from a company's providing defined benefits plans to offering defined contribution plans-and the expectation that retirees will bear the costs of their health care insurance-also have extended the average person's work life and changed how and when that person will retire. The world of work has evolved from one that incentivized early retirement to one that, in many cases, discourages it.Retirement age is being chosen by the individual, based on his or her preferences and needs, and no longer by a mandated age or company incentives. Warner, Hayward, and Hardy (2010), in their update of age-graded regularities of the U.S. retirement life course, found that at age 50 years, men can expect to spend half of their remaining lives working for pay, whereas women can expect to spend one third. Half of all men had left the workforce by age 63 years and half of all women by age 61 years; the majority of those exits were final. The authors also observed that there is great variability in the retirement process: Nearly one third of men and women who had retired later resume some type of employment.

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Physical Functioning in work and retirement: commentary on age-related trajectories of physical functioning in work and retirement —the role of sociodemographic factors, lifestyle and disease by Stenholmet al

Iparraguirre¹

2014

J Epidemiol Community Health

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The Effects of Partial Retirement on Health

Cited by 3 publications

References 32 publications

Working retirees in Europe: individual and societal determinants

Working retirees in Europe: individual and societal determinants

Retirement redefined.

Physical Functioning in work and retirement: commentary on age-related trajectories of physical functioning in work and retirement —the role of sociodemographic factors, lifestyle and disease by Stenholmet al

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