Gradual retirement and lengthening of working life.

Autor/inn/en	Ilmakunnas, Pekka; Ilmakunnas, Seija
Institution	Helsinki Center of Economic Research
Titel	Gradual retirement and lengthening of working life. Gefälligkeitsübersetzung: Altersteilzeit und Verlängerung der Lebensarbeitszeit.
Quelle	Helsinki (2006), 26 S.; 259 KB PDF als Volltext kostenfreie Datei (1); PDF als Volltext kostenfreie Datei (2) Link als defekt meldenVerfügbarkeit
Reihe	Helsinki Center of Economic Research. Discussion paper. 121
Sprache	englisch
Dokumenttyp	online; Monographie; Graue Literatur
ISSN	1795-0562
URN	urn:nbn:fi-fe20061479
Schlagwörter	Arbeitsbelastung; Entscheidung; Psychischer Faktor; Älterer Arbeitnehmer; Alter; Arbeitsbelastung; Chronische Krankheit; Entscheidung; Finnland; Rentenalter; Lohnhöhe; Lebensarbeitszeit; Arbeitszeitverlängerung; Chronische Krankheit; Gesundheitszustand; Arbeitszeitverlängerung; Private Rentenversicherung; Lohnhöhe; Altersteilzeit; Arbeitszeitwunsch; Berufsausstieg; Erwerbsverhalten; Lebensarbeitszeit; Qualifikationsniveau; Altersabhängigkeit; Rentenalter; Alter; Arbeitspapier; Geschlechtsspezifik; Älterer Arbeitnehmer; Finnland
Abstract	"In order for the parttime pension to make sense economically, it should extend the length of the working career. An interesting question is also whether the timing of retirement and willingness to work after retirement are related. We use data on the aspirations of individuals regarding their oldage retirement behaviour to estimate a multivariate probit model with three binary dependent variables: partial retirement, planning to continue working beyond age 63, and planning to continue working while on retirement. The model is estimated using simulated maximum likelihood. The probability of being on parttime pension increases with the length of working career, but decreases with wage. It is positively related to an indicator of chronic illness. Age has a positive effect on the probability of thinking about continuing working after age 63, which is natural since in the older age cohorts those preferring to retire early have already done that. Higher wage and private pension insurance have a negative effect on the probability of continuing to work, while the level of education increases it. Women and those having mental strain in their job are less likely to postpone retirement. The probability of continuing work while retired is difficult to predict. Only good selfassessed health seems to play an important role in this decisionmaking. Being on partial retirement has no positive impact on the probability of preferring to stay longer at work. This gives support to the worries that partial retirement is a tool that helps in increasing the labour force participation of the aging labour force, but at a relatively high cost." Die Untersuchung enthält quantitative Daten. Forschungsmethode: empirisch-quantitativ; empirisch; Sekundäranalyse; Querschnitt. Die Untersuchung bezieht sich auf den Zeitraum 2003 bis 2003. (author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2009/1