By Dirk Hofäcker, Moritz Hess, Stefanie König
To a backdrop of growing old societies, pension crises and labour industry reforms, this publication investigates how the coverage shift from early retirement to energetic aging has affected person retirement behaviour. targeting 11 ecu international locations, the U.S. and Japan, it brings jointly major foreign specialists to research fresh alterations in pension platforms. Their findings reveal that there was a basic transition in pension regulations and a steep bring up in older staff’ retirement a while and employment charges. but alterations in retirement habit are usually not flippantly disbursed throughout all societal strata. This increases the intense quandary that an total upward thrust within the retirement age could be observed through the re-emergence of social inequality within the transition from paintings to retirement. This leading edge edited assortment will entice scholars and students of sociology, economics, political technological know-how, human assets administration, gerontology and social coverage, and likewise to policy-makers and execs facing older staff.
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Additional info for Delaying Retirement: Progress and Challenges of Active Ageing in Europe, the United States and Japan
G. Williams et al. 2010). ” Related factors at the firm level are the introduction of age-friendly workplace measures including, for example, subsidies for continuous training at the workplace. A corporate climate favorable to late retirement has been shown to be necessary to effectively extend working lives as workers’ retirement intentions are shaped by workplace cultures and supervisory attitudes (Solinge and Henkens 2014). At the same time, the age-related social norms adhered to by managers have been demonstrated to impact on firms’ recruitment and retention practices (Mulders et al.
Besides individually perceived health, life expectancy at age 65 is another measure of health in old age. 1 years. 7 years of life being expected at age 65. Healthy life expectancy differs slightly from this indicator and comparative data are a vailable only for Europe (Eurostat 2013). Sweden has the highest healthy life expectancy with around 14 years at age 65, followed by Denmark, the UK, and the Netherlands. Estonia and Germany are found at the other extreme, with a bit more than 5 and 6 years respectively of healthy life at age 65 (Fig.
However, requirements for pension receipt may differ between countries. The “full” bar thus marks the country-specific requirements for full pension benefits, whereas the “minimum” refers to country-specific minima; that is, basic pensions or minimum contribution years. There is a strong between-country variation in the differences between minimum and full pensions as well as in the level of replacement rates. Denmark, the Netherlands, and Switzerland show the smallest gaps between minimum and full pension.