Centre for Policy on Ageing
 

 

To retire or not to retire
 — is there an option for older workers in Hong Kong?
Author(s)Kee-Lee Chou, Nelson W S Chow
Journal titleSocial Policy & Administration, vol 39, no 3, June 2005
Pagespp 233-246
Sourcehttp://www.blackwell-synergy.com
KeywordsEmployment of older people ; Attitude ; Retirement ; Social surveys ; Hong Kong.
AnnotationOver the next thirty years, Hong Kong will have a rapidly ageing population. One consequence of this will be a possible labour shortage, which means that it will be essential to strike a balance between time spent in work and retirement. This balance is determined by the interaction between the aspiration of workers, employers' attitudes to older workers, as well as the productivity of the labour force. The authors examine the issue based on life-course theory, and argue that the compartmentalization of education, work and retirement must be broken by changes in social policy. They identify three groups of future older adults: those who may be forced to retire early in their fifties; those who plan to retire in their sixties; and those who will continue to work until they can no longer work. The current situations of these groups are described, and social policies that are related to retirement pension scheme, age discrimination, lifelong education and flexible work arrangements are suggested to weaken the age structuring of education and employment institutions. The authors have as their ultimate objective the creation of a societal environment in which older workers have a real option either to work or to retire in the coming decades. (KJ/RH).
Accession NumberCPA-050616202 A
ClassmarkGC: DP: G3: 3F: 7DR

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