Centre for Policy on Ageing



Choice or chance — late retirement in Finland
Author(s)	Raija Gould
Journal title	Social Policy & Society, vol 5, pt 4, October 2006
Pages	pp 519-532
Source	http://www.journals.cambridge.org
Keywords	Postponement [retirement] ; Employment of older people ; Retirement policy ; Longitudinal surveys ; Finland.
Annotation	The Finnish pension reform of 2005 introduced the concept of a flexible retirement age. This article draws on a longitudinal study of older Finnish employees, to examine the extent to which individual propensity to delay retirement is influenced by choice or by chance; and examines the effects of the interplay between chances and choices in affecting longevity of employment. The results suggest that the flexibility of the organisation at the end of working life is biased towards the better off. They also show that the interplay of choice and chance in the retirement process is firmly tied to the existing age arrangements and economic trends. The implications of these findings for divergent routes towards late retirement are examined. (RH).
Accession Number	CPA-061207207 A
Classmark	G5H: GC: G5: 3J: 76L
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