Work, Aging and Retirement最新文献

Broken promises? Trust and pension savings in turbulent times 违背承诺？动荡时期的信任和养老金储蓄

Work, Aging and Retirement Pub Date : 2024-05-22 DOI: 10.1093/workar/waae007

M. Mangan, M. Mastrogiacomo, Stefan Hochguertel, Floor Goedkoop

{"title":"Broken promises? Trust and pension savings in turbulent times","authors":"M. Mangan, M. Mastrogiacomo, Stefan Hochguertel, Floor Goedkoop","doi":"10.1093/workar/waae007","DOIUrl":"https://doi.org/10.1093/workar/waae007","url":null,"abstract":"\u0000 Using survey data on household savings and trust, we investigate the determinants of trust in one’s pension fund and its effect on the decision to build up additional retirement savings. Key in our approach is the realization that trust in itself may respond to the usage of additional savings instruments, through learning, experience, and information acquisition, for instance. We therefore use an instrumental variables approach, based on exogenous shocks arising from pension cuts and indexation. We also account for the potential spurious relation between funds’ equity and trust, that could arise in a period of financial crisis. We do so using information on fund size, as this is an important proxy for funds’ economies of scale. These instruments allow identifying the unbiased effect of trust in pension funds on participation in voluntary pension saving plans. We disentangle the effects of age, birth cohort, and time in the determination of trust, and counter previous findings of a positive age gradient with trust. This implies that in the future the level of trust in pension funds will decline. Our main result is to find a positive effect of trust on additional pension savings.","PeriodicalId":513098,"journal":{"name":"Work, Aging and Retirement","volume":"57 42","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141108481","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Does attitudes toward own aging explain more variance in aging-related outcomes than chronological age and subjective age? A meta-analysis 对自身衰老的态度比实际年龄和主观年龄更能解释衰老相关结果的差异吗？荟萃分析

Work, Aging and Retirement Pub Date : 2024-03-18 DOI: 10.1093/workar/waae002

Huan Yang, Junqi Shi, X. Zhao, Christopher Pryor, Mengwei Tian

引用次数: 0

Relevant dimensions to give meaning to pension decisions 赋予养老金决策意义的相关方面

Work, Aging and Retirement Pub Date : 2024-03-04 DOI: 10.1093/workar/waae001

Jelle Strikwerda, B. Holleman, Hans Hoeken

{"title":"Relevant dimensions to give meaning to pension decisions","authors":"Jelle Strikwerda, B. Holleman, Hans Hoeken","doi":"10.1093/workar/waae001","DOIUrl":"https://doi.org/10.1093/workar/waae001","url":null,"abstract":"\u0000 Pension participants face complex decisions. Information about the decision alternatives often contains the exact monetary amounts associated with the alternatives. Grounded in Fuzzy-Trace Theory (FTT), we argue that informed decision making requires participants to (accurately) understand meaningful differences between decision alternatives, rather than to rely on purely numerical differences in amounts. The objective of this study was to identify, for three decisions Dutch participants can make regarding their old-age pension, what dimensions participants take into account when giving meaning to the decision alternatives. We conducted 39 semi-structured in-depth interviews with Dutch pension participants in which we discussed the considerations of participants to choose for the decision alternatives. These interviews were analyzed using thematic analysis. Our analysis shows that a number of dimensions are taken into account, partially overlapping for the three decisions: life expectancy, (in)sufficient income, financial maximization, work–life balance, and job satisfaction. According to FTT, participants can be supported in extracting meaningful representations by providing cues about the dimensions that might be affected by the various decision alternatives. The dimensions identified in this paper can serve as a useful starting point for such support.","PeriodicalId":513098,"journal":{"name":"Work, Aging and Retirement","volume":"19 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140266151","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

What do you do when your career script runs out? How older workers decide whether and how to sustain their careers 当你的职业剧本用完时，你会怎么做？老年工作者如何决定是否以及如何维持自己的职业生涯

Work, Aging and Retirement Pub Date : 2024-01-25 DOI: 10.1093/workar/waad027

Helen Hallpike, Beatrice I. J. M. Van der Heijden, G. Vallée-Tourangeau

{"title":"What do you do when your career script runs out? How older workers decide whether and how to sustain their careers","authors":"Helen Hallpike, Beatrice I. J. M. Van der Heijden, G. Vallée-Tourangeau","doi":"10.1093/workar/waad027","DOIUrl":"https://doi.org/10.1093/workar/waad027","url":null,"abstract":"\u0000 This article explores executive career decision-making at the later career stages, against a background of precarious employment and increasing longevity, and the consequent need, and difficulty, for older workers to sustain their careers for longer. We address a gap in the literature on the careers of later stage workers by exploring older executives’ career options and demonstrating how a decision-making unit (DMU) of stakeholders actively participate in choosing between options, and which factors influence their choices. We furthermore highlight the key factors that can determine whether a career is sustainable, and the strategies that can optimize a career that is becoming unsustainable. We interviewed later stage executives and analyzed our interview data from the perspective of distributed decision-making for sustainable careers. We identified a range of decision-makers who contributed to the DMU at different levels for each decision, from proactively to reactively. Furthermore, we identified interacting strategies which could optimize the sustainability of a later stage career: personal, when individuals re-engaged actively with their careers; and contextual, when careers were reinvented by individuals and organizations. We synthesized these findings in a career sustainability matrix, designed to enable later stage workers to identify whether a career is sustainable, and how to extend career sustainability.","PeriodicalId":513098,"journal":{"name":"Work, Aging and Retirement","volume":"90 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139596822","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Patterns of work and retirement in a pension system with a flexible old-age retirement age: a register study of Finnish employees and self-employed persons born in 1949 弹性老年退休年龄养老金制度下的工作和退休模式：对 1949 年出生的芬兰雇员和自营职业者的登记研究

Work, Aging and Retirement Pub Date : 2024-01-08 DOI: 10.1093/workar/waad032

A. Polvinen, Aart‐Jan Riekhoff, S. Nivalainen, S. Kuivalainen

{"title":"Patterns of work and retirement in a pension system with a flexible old-age retirement age: a register study of Finnish employees and self-employed persons born in 1949","authors":"A. Polvinen, Aart‐Jan Riekhoff, S. Nivalainen, S. Kuivalainen","doi":"10.1093/workar/waad032","DOIUrl":"https://doi.org/10.1093/workar/waad032","url":null,"abstract":"\u0000 The aims of this study were to explore patterns of work and retirement of Finnish employees and self-employed persons in a pension system with a flexible old-age retirement age and how income develops in these patterns. We used individual-level register data from Statistics Finland of the total Finnish birth cohort born in 1949. The cohort was 62–70 years old over the study period 2011–2019. Sequence and cluster analyses were used to identify typical trajectories of individuals’ transitions in and out of salaried work and self-employment and work in old-age retirement. Our analysis yielded a ten-cluster solution: four clusters were found for employees who did not continue working in retirement (62%), four clusters for those employees who continued working in retirement (26%), and two clusters for the self-employed (12%). The clusters differed by the timing of retirement. The results showed that employees who retired earlier on an old-age pension and who were not working afterwards had lower incomes. Their incomes also decreased after old-age retirement. Employees who worked for several years in retirement had higher incomes which remained stable between the ages of 62 and 70. We found two types of self-employed persons: those who continued working in retirement with high incomes and those who stopped working earlier and had lower incomes. The results indicate that inequalities between lower and higher income groups might become exacerbated in a flexible retirement system.","PeriodicalId":513098,"journal":{"name":"Work, Aging and Retirement","volume":"43 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139447464","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Are trajectories of self-rated health and physical working capacity during the retirement transition predicted by work-related factors and social class? 工作相关因素和社会阶层能否预测退休过渡期的自我健康状况和身体工作能力轨迹？

Work, Aging and Retirement Pub Date : 2024-01-04 DOI: 10.1093/workar/waad031

H. S. Eyjólfsdóttir, P. Peristera, N. Agahi, J. Fritzell, Hugo Westerlund, C. Lennartsson

{"title":"Are trajectories of self-rated health and physical working capacity during the retirement transition predicted by work-related factors and social class?","authors":"H. S. Eyjólfsdóttir, P. Peristera, N. Agahi, J. Fritzell, Hugo Westerlund, C. Lennartsson","doi":"10.1093/workar/waad031","DOIUrl":"https://doi.org/10.1093/workar/waad031","url":null,"abstract":"\u0000 We aimed to identify short and long-term trajectories of self-rated health (SRH) and physical working capacity during the retirement transition, and investigate whether work-related factors and social class predict belonging to these trajectories. We used the representative, biennial Swedish Longitudinal Occupational Survey of Health (SLOSH) 2006–2018. We applied group-based trajectory modeling with B-spline smoothers to model trajectories of SRH (n = 2,183) and physical working capacity (n = 2,152) during the retirement transition. Multinomial logistic regression analyses were conducted to investigate trajectory belonging by work-related factors and social class. There was a small “honeymoon effect” in SRH for the total sample. We found four trajectories of SRH and five of physical working capacity. The large majority sustained excellent or good SRH and physical working capacity throughout the study period. Almost 6% had Fairly poor SRH and physical working capacity starting from years before retirement, which remained throughout the study period. High job demands, low job control, adverse physical working conditions, and being in manual occupation increased the likelihood of belonging to the trajectory groups Deteriorating or Fairly poor when compared with the Excellent trajectory group for both SRH and physical working capacity. Our findings suggest that for most people health status is already established some years’ preretirement and maintained for years after retirement, except a short improvement in SRH in accordance with a honeymoon effect. In order to improve health and employability, interventions focusing on working environment should be aimed at younger and midlife employees as well as older workers.","PeriodicalId":513098,"journal":{"name":"Work, Aging and Retirement","volume":"55 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139384638","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0