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Centre for Policy on Ageing | |
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"I'd rather keep running to the end and then jump off the cliff" retirement decisions : who decides? | Author(s) | Sarah Vickerstaff |
Journal title | Journal of Social Policy, vol 35, part 3, July 2006 |
Pages | pp 455-472 |
Source | http://www.journals.cambridge.org |
Keywords | Employment of older people ; Retirement policy ; Early retirement ; Employers ; Case studies. |
Annotation | Government in the UK, as elsewhere in Europe, is keen to encourage individuals to delay their retirement, work for longer and save more for their retirement. This article argues that much of the public discussion is based on the debatable premise that most people are actively choosing to leave work "early". Hitherto, research on retirement decisions has concentrated on individual factors, which dispose toward early retirement, and has neglected the role of the employer in determining retirement timing. The article reports on three organisational case studies exploring the management of retirement and how individual employees experience these processes. It employs the concepts of "retirement zones" and retirement scenarios to demonstrate how the interaction of individual attributes (themselves subject to change) and organisational practices (also unpredictable and variable) produces retirement outcomes. It concludes that there is considerable management discretion over the manner and timing of individual retirements. Hence, government needs to recognise that the minority of individuals may have relatively little personal discretion over their departure from work, and hence concentration on urging them to work for longer and delay retiring may be missing the real target for policy change. (RH). |
Accession Number | CPA-060727202 A |
Classmark | GC: G5: G5M: TF: 69P |
Data © Centre for Policy on Ageing |
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...from the Ageinfo database published by Centre for Policy on Ageing. |
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