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Socio-economic diff...
Socio-economic differences in retirement timing and participation in post-retirement employment in a context of a flexible pension age
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Leinonen, Taina (författare)
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Chandola, Tarani (författare)
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Laaksonen, Mikko (författare)
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- Martikainen, Pekka (författare)
- Stockholms universitet,Centrum för forskning om ojämlikhet i hälsa (CHESS),University of Helsinki, Finland; 6 Max Planck Institute for Demographic Research, Germany
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(creator_code:org_t)
- 2020
- 2020
- Engelska.
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Ingår i: Ageing & Society. - 0144-686X .- 1469-1779. ; 40:2, s. 348-368
- Relaterad länk:
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https://urn.kb.se/re...
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https://doi.org/10.1...
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http://kipublication...
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Abstract
Ämnesord
Stäng
- Socio-economic circumstances influence later-life employment participation, which may take different forms as retirement processes are complex. We aimed to explore the diverse effects of various socio-economic sub-domains on pre- and post-retirement employment. We used Finnish register data to examine socio-economic predictors of time to retirement (i.e. receiving the statutory pension) using Cox regression analysis and on time spent in post-retirement employment using repeated negative binomial regression analysis over a follow-up between the ages of 63 and 68, i.e. the flexible pension age range. An average wage earner still employed at age 62 spent 13.5 months in pre-retirement employment (this corresponds to time to retirement) and 4.8 months in post-retirement employment. Those with tertiary education retired later, but the educational differences in the total time spent in employment were small when post-retirement employment was also considered. There was little variation in the timing of retirement by household income, but those in the highest quintile spent the longest time in post-retirement employment. Upper non-manual employees, home renters and those with high household debt retired later, and those with high household debt also spent a longer time in post-retirement employment. In a national flexible pension age system, high occupational class and household income thus appear to encourage either later retirement or participation in post-retirement employment. However, economic constraints also appear to necessitate continued employment.
Ämnesord
- MEDICIN OCH HÄLSOVETENSKAP -- Hälsovetenskap -- Arbetsmedicin och miljömedicin (hsv//swe)
- MEDICAL AND HEALTH SCIENCES -- Health Sciences -- Occupational Health and Environmental Health (hsv//eng)
- SAMHÄLLSVETENSKAP -- Sociologi (hsv//swe)
- SOCIAL SCIENCES -- Sociology (hsv//eng)
Nyckelord
- socio-economic position
- older workers
- retirement
- post-retirement employment
- labour market participation
- pension legislation
Publikations- och innehållstyp
- ref (ämneskategori)
- art (ämneskategori)
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