The Search for Happiness: Work Experiences and Quality of Life of Older Taiwanese Men

Taiwan’s pension systems do not always ensure corresponding benefits for those who have achieved their career goals in labor markets, thus retirement decisions are often difficult for the majority of its citizens. Retirement is not only a social institution shaped by labor market and social welfare policy, but also a process affected by personal life chance and family situations, and therefore influences their citizen’s well-being. While scholars have maintained that retirees’ happiness is related to earlier life experiences, there is little empirical evidence that explains this relationship. This paper investigates the midlife work experiences and the resources workers acquired to determine the extent to which they affect the happiness of retirees. Data for examining study hypotheses are drawn from four waves of the Taiwan Longitudinal Survey on Aging. The results indicate that midlife work experiences exert significant influences on life satisfaction, and also play a moderate role on the relationship between seniors’ resources and their life satisfaction. Bridge employment is found to have varying effects on seniors’ life satisfaction depending on their occupation. We conclude that the happiness of older Taiwanese men is mainly a product of both their present situations and their recollections of their earlier occupational experiences.     

退休对男性老年人健康的影响--基于断点回归的实证研究

退休是个体从过去工作生涯中抽身出来的转折点，退休后个人福利的变化是老龄化社会值得关注的问题。基于中国家庭追踪调查（ CFPS）2012年数据，以男性为例采用模糊断点回归的方法识别退休对个体心理、生理健康的因果影响。结果显示，退休对个体的生理健康并没有显著影响，但对其心理健康有显著的正向效应。从影响渠道来看，退休后个体压力减少，认知功能、记忆力以及对生活满意程度提升是导致健康（尤其是心理健康）改善的主要原因。本文的研究为未来退休政策的制定提供参考。     

Education and Life Satisfaction in Relation to the Probability of Social Trust: a Conceptual Framework and Empirical Analysis

We employ cross-sectional microdata from 2010 through 2012 collected by the Italian National Institute of Statistics to investigate the proposed conceptual framework regarding the joint relationship between education, life satisfaction and the probability of social trust. The analysis has been carried out using two alternative specifications of the logit model: parametric and semiparametric. Our findings suggest that (a) both modelling methods that we utilise yield consistent results in terms of the positive effects of education and life satisfaction on social trust; (b) for unsatisfied individuals, social trust is generally low and largely unresponsive to the individual’s education level, whereas for ‘sufficiently satisfied’ individuals, social trust increases strongly with education; (c) there are some gender differences in the joint relationship between education, life satisfaction and social trust and (d) the parametric approach tends to mask some interesting patterns that are captured by the semiparametric specification. This finding implies that the parametric approach leads to a biased interpretation of the results, with an apparent failure of some of the assumptions made in the conceptual framework.     

Work and Retirement Among a Cohort of Older Men in the United States, 1966–1983

Multivariate increment-decrement working life tables are estimated for a cohort of older men in the United States for the period 1966-1983. The approach taken allows multiple processes to be simultaneously incorporated into a single model, resulting in a more realistic portrayal of a cohort's late-life labor force behavior. In addition, because the life table model is developed from multivariate hazard equations, we identify the effects of sociodemographic characteristics on the potentially complex process by which the labor force career is ended. In contrast to the assumed homogeneity of previous working life table analyses, the present study shows marked differences in labor force mobility and working and nonworking life expectancy according to occupation, class of worker, education, race, and marital status. We briefly discuss the implications of these findings for inequities of access to retirement, private and public pension consumption, and future changes in the retirement process.     

提前退休模式与行为及其影响因素——基于中国综合社会调查数据的分析

文章基于2008年中国综合社会调查数据,对城镇人口提前退休模式与行为及其影响因素进行了分析。主要结论是:(1)提前退休模式与行为存在显著的性别差异,女性比男性距离法定退休年龄更近时退休,表现出较为明显的集聚特征,法定退休年龄对女性退休模式与行为的影响更大;(2)随着中国家庭子女数量的减少,劳动力市场灵活性的逐步增强,人们劳动参与意愿和可能性都会显著提升,提前退休的可能性越来越小,而且不断提高的受教育程度也会使女性提前退休的可能性减小;(3)中国的社会保障制度对男性提前退休有显著影响,对女性则不显著。与养老保险制度相比,医疗保险与失业保险制度对男性提前退休的影响更大,基本医疗保险制度的完善会增加提前退休的可能性,失业保险制度的完善更有可能增强男性的工作意愿,降低提前退休的可能性。     

Quality of life in retirement: A case study of Zulu return migrants

The quality of late life in technologically advanced societies has been well-researched. In contrast, very little systematic research has been conducted among the aged in less developed societies. An interesting case of retirement in a society in transition is that of returning Zulu contract workers. The apartheid laws of South Africa constrain migrant movements: contract workers typically spend their working lives in the urban-industrial milieu of the core economy and later return to a rural lifestyle in their areas of origin in the peripheral “homelands”. The retirement circumstances of 253 male return migrants in five rural areas of KwaZulu were assessed in an in-depth study. The subjective well-being of the Zulu retirees was found to be influenced mainly by such factors as health, perceived financial security, social activity and participation, and positive sentiment towards retirement life. The conclusion is drawn that migrant workers’ needs in retirement have a universal quality. This finding has social welfare policy implications in a society which is characterised by unequal distribution of privilege.     

美国社会保障退休金确定机制——方法、特点与启示

养老金待遇确定机制是公共养老金制度的核心内容之一。从三个方面系统研究了美国社会保障退休金确定机制:在退休年龄方面,实现了劳动关系和社会保障关系的相对分离,通过引入“全额领取年龄”建立了“早减晚增”式初始退休金调节机制;在计算办法方面,建立了基于个体的、全国统一的基本保险金额计算办法,并通过分级加权实现了收入再分配和减少老年贫困等功能;在待遇调整方面,建立了基于生活成本调整的退休金指数化自动调整机制。立足我国基本养老保险制度实践、借鉴美国退休金制度设计经验,本文认为我国基本养老保险待遇确定机制改革的方向是引入较为宽松灵活的退休政策、待遇计发与全国性指标挂钩以促进全国统筹和制度公平、增强待遇计发对参保和缴费行为的激励作用、尽快建立科学合理的待遇调整机制。     

Assessing Health Endowment,Access and Choice Determinants: Impact on Retired Europeans’ (In)activity and Quality of Life

A future for the E.U., dominated by an ever-increasing population of retired citizens represents a major challenge to social and health policy in European countries. Under Rowe and Kahn’s (Gerontol 37(4):433–440, 1997) perspective on positive aging, this paper is interested in exploring the role of health on citizens’ active participation after retirement and social engagement to life and quality of life. This paper also aims at finding whether Sen’s (Public health, ethics, and equity. Oxford University Press, Oxford, 2004) capability approach or cumulative disadvantage or advantage theory relative to the access to health also verifies in a context of multi-national developed economies. The first part of this study is therefore concerned with generating a health indicator that enables this, whilst controlling for individual heterogeneity in self-rated health responses from 10,859 retired individuals from the SHARE survey. Socioeconomic determinants of health are found not to be critical in determining health in such a developed context whilst cumulative advantage is found relevant for the positive aging of Europeans. Evidence is found that active engagement in activities and quality of life are most certainly a prerogative for the more educated and the healthier retirees, hinting a strategy for European policymakers: cumulative advantage, leveraged by education and health policy, might just be the long-term strategy for contouring an aging and unproductive European population, transforming what could be a ‘burden’ into an asset.     

Unanticipated consequences: a comparison of expected and actual retirement timing among older women

The present study adds to the growing body of literature on women and retirement by means of a comparative analysis of the factors associated with anticipated retirement timing (among pre-retirees) and actual retirement timing (among retirees). Adopting a political economy of aging perspective, we argue that socially-structured patterns of gender inequality related to women's multiple roles across the life course affect patterns of retirement timing. Specifically, we hypothesize that the gendered nature of women's work-retirement decision-making is unanticipated during pre-retirement years. Logistic regression analyses are performed on data drawn from a sample of 275 women aged 45 and older living in the Vancouver area of British Columbia. A central finding is that while actual timing of retirement is affected by family caregiving responsibilities and by health/stress factors, pre-retirees do not perceive these to be important in their own expected retirement timing. Implications for social policy, education, and women's financial and psychological well-being in old age are elaborated.     

Optimal age of retirement and population growth

The purpose of this paper is to study intergenerational optimal resources sharing when the social planer can choose the retirement age in addition to consumptions and investment. We use the extension of the Diamond analysis by Hu [1979] that incorporates endogenous retirement age. We found that the optimal retirement age is an increasing function of the population growth rate if the elasticity of substitution of old agents' labor for young agents' labor is lower than one. In the millian case, when the size of a population does not matter, and when the elasticity of substitution of old agents' labor for young agents' labor is strictly higher than one, the optimal retirement age is a decreasing function of the population growth rate. In the benthamite case, the change in the optimal retirement age is indeterminate. Received: 19 February 1999/Accepted: 27 February 2001 All correspondence to Bertrand Crettez. We would like to thank Jean-Pierre Vidal for very helpful comments on an earlier draft. An anonymous referee provided insightful comments on a previous version of this paper. Responsible editor: Alessandro Cigno.     

The Retirement Life Course in America at the Dawn of the Twenty-First Century

As the baby boom cohorts expand the number of U.S. retirees, population estimates of the employment, withdrawal and reentry behaviors of older Americans’ remain scarce. How long do people work? How frequently is retirement reversed? How many years are people retired? What is the modal age of retirement? And, how do the patterns for women compare to those for men? Using the 1992–2004 Health and Retirement Study, we estimate multistate working life tables to update information on the age-graded regularities of the retirement life course of men and women in the United States. We find that at age 50 men can expect to spend half of their remaining lives working for pay, while women can expect to spend just one-third. Half of all men and women have left the labor force by ages 63 and 61, respectively. Although the majority of retirement exits are final, variation in the nature and duration of the retirement process is substantial, as about a third of men’s and women’s exits are reversed. By quantifying these patterns for men and women, we provide a sound empirical basis for evaluating policy designed to address the financial pressures population aging places on public and private pension systems.     

Poverty and Income Replacement Profile Among EPF Retiree in Malaysia

Social security policies often focus on replacement rates, which indicate retirement income or social security benefits in relation to preretirement income. The higher replacement rate among the pensioners would ensure that the ageing society would have sufficient income to lead a normal life after retirement. This study examined factors that influencing the income replacement rate of Malaysian Employee Provident Fund (EPF) retirees. The analysis was based on a nationwide survey conducted in 2013–2014 among EPF retiree. A logit model was used to evaluate the likelihood of selected socio-demographic and economic factors contributing to income of the retirees. The results indicated that around 62 % of elderly has lower retirement income compared to their preretirement income and it makes them more vulnerable to unpredictable events and financial conditions. The study suggested that the income replacement rate of elderly could be strengthened by investing in ageing workforce, raising retirement age, enhancing educational achievements of low income groups and restructuring employment. These may in turn increase the availability of skilled workers, enhancing the national productivity, increase the income security of retirees, reduce poverty, and develop economic growth of the country.     

Unanticipated Consequences: A Comparison of Expected and Actual Retirement Timing Among Older Women

ABSTRACT

The present study adds to the growing body of literature on women and retirement by means of a comparative analysis of the factors associated with anticipated retirement timing (among pre-retirees) and actual retirement timing (among retirees). Adopting a political economy of aging perspective, we argue that socially-structured patterns of gender inequality related to women's multiple roles across the life course affect patterns of retirement timing. Specifically, we hypothesize that the gendered nature of women's work-retirement decision-making is unanticipated during pre-retirement years. Logistic regression analyses are performed on data drawn from a sample of 275 women aged 45 and older living in the Vancouver area of British Columbia. A central finding is that while actual timing of retirement is affected by family caregiving responsibilities and by health/stress factors, pre-retirees do not perceive these to be important in their own expected retirement timing. Implications for social policy, education, and women's financial and psychological well-being in old age are elaborated.     

Small Fish in a Big Pond or Big Fish in a Small Pond? The Effects of Educational Mismatch on Subjective Wellbeing

This paper analyzes the effects of educational mismatch on subjective wellbeing. We first analyze whether a discrepancy exists between the aspirations associated with the level of education acquired by the individuals and the opportunities found in the labor market. Consistent with education generating certain aspirations, we find that educational mismatch has a sizable significant negative impact on life satisfaction for over-educated individuals while the effect is positive for under-educated workers. Next, we focus on workers with different educational levels but who perform similar jobs. In this case we only find under-education to negatively affect life satisfaction levels, a result which is consistent either with the existence of an inferiority complex or a struggle to perform a job for which the individual is not adequately trained. The effects are economically relevant and amount between one-fifth and one-fourth of the impact produced by other negative life events such as unemployment.     

The Impact of Deviations from Desired Hours of Work on the Life Satisfaction of Employees

We estimate an ordinal logistic multilevel model to examine the determinants of the life satisfaction of employees in Europe. Data drawn from the European social survey reveals that deviations from desired hours of work (measured as the absolute difference between the actual and preferred weekly number of hours) reduce overall life satisfaction, but the effect is smaller in countries with higher unemployment rates. We interpret this finding as evidence that in environments where anxieties about job security are high, having a job brings about a certain level of life satisfaction regardless of the gap between the actual and preferred time spent in the labor market. We also find no statistically significant difference between male and female employees with regard to the impact of the work hours mismatch. This finding suggests that the gender differences which would have been expected in this context are already incorporated in the respondents’ subjectively determined desired hours of work. In fact, further examinations confirm that ‘desired hours’ are associated with both socio-demographic characteristics (in particular, gender) and preferences for labor market work.     

Demands of Social Change as a Function of the Political Context,Institutional Filters,and Psychosocial Resources

Individually experienced demands of current social change in the domains of work and family were assessed in a large sample of adults from two Western and two Eastern federal states of Germany. For each domain of life, a cumulated index was computed representing the load with highly endorsed demands and this was compared across political regions, employment, partnership status and participants’ level of education. Generally, a higher load of demands was found in Eastern Germany for participants who were unemployed or outside the labor market, those who were separated or divorced, and those with lower education. The political context and education aggravated the load of demands in the domain of work (but not in the domain of family) as indicated by significant two-way interactions between the different factors. The results prove that the demands of social change due to globalization or individualization differ in a systematic way across ecological niches.     

退休年龄对劳动参与率的影响

自1951年以来。中国的退休政策并未随着平均寿命、经济发展等情况的变化做出大的改变。每年有成千上万的老年劳动者,在其仍有劳动意愿和劳动能力的情况下,因为政策的规定离开工作岗位。过低的退休年龄使得我国的劳动参与率被潜在的低估,如果调整现行退休政策,将修正劳动参与率、减少“人口负债”期问题、缓解未来养老金收支失衡压力和挤压劳动力市场。     

Adaptation and Dissonance in Quality of Life: A Case Study in Mekelle,Ethiopia

This study aimed to determine predictability of life satisfaction by focusing on social support, substance abuse, socio-demographic factors as well as received health services from medical and traditional centers in the elderly with dementia. The subjects were 1,210 non-institutionalized Malaysian elderly with cognitive problems. In addition, age, ethnicity, sex differences, marital status, educational level, social support, substance abuse and receiving health services were evaluated to predict the risk of falls in samples. Social support was measured by Lubben score. Substance abuse was referred to smoking per day, addiction to alcohol consumption as well as dependency to medications. Health care supports, which were received by individuals included medical and traditional treatments. Life satisfaction was measured by asking in general ‘Are you satisfied with your current life’. The multiple logistic regression analysis was used to determine the effects of contributing variables on life satisfaction in respondents. Approximately 83 % of subjects reported that they were satisfied with their current life. The results of multiple regression analysis showed that marital status (OR = 1.98), traditional treatments (OR = 0.43), social support (OR = 2.28) and educational level (OR = 1.79) significantly affected life satisfaction in samples (p < 0.05). Furthermore, age, ethnicity, sex differences, substance abuse and medical treatments were not significant predictors of life satisfaction (p > 0.05). It was concluded that social support, being married and education increased life satisfaction in subjects but traditional treatments decreased life satisfaction.     

The impact of men's and women's retirement on marital relations: a comparative analysis

The study examined whether men's and women's retirement have a differential impact on several aspects of marital life: Power relations (as reflected in decision-making), spousal resources, division of household tasks, and quality of marriage. Questionnaires were distributed to a sample of 519 pre-retired and retired Israelis. The findings indicate that in general, both men's and women's retirement have a similar impact on marital relations in all of the areas examined. No appreciable change in spousal resources was found after retirement, but there was evidence of change in decision-making patterns about spending time and carrying out feminine and general tasks. Retired respondents of both sexes reported fewer marital complaints than the pre-retired respondents, but also expressed less marital enjoyment. It was also found that men's retirement has a different impact than women's retirement on decisions about house-hold affairs and performance of feminine tasks. In addition, gender-based differences were found in several areas, irrespective of employment status. The women reported higher quality of marriage than did the men, and more resources for strengthening the family, whereas the men perceived themselves as making more decisions in the important areas of life, as more hardy, and as controlling the family's financial resources.