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Phased Retirement and Workplace Flexibility for Older Adults

Opportunities and Challenges

Bibliographic Data

ID5741545
AuthorsRichard W Johnson (Urban Institute, corresponding author)
Year2011
Volume638
Issue1
Pages68-85
Publication date2011-11-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Annals of the American Academy of Political and Social Science (JOURNAL)
Journal identifiersISSN: 0002-7162 • E-ISSN: 1552-3349
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0002716211413542
OpenAlexW2154921225
LanguageEN
Citations received7
References cited16

Phased retirement programs that allow older workers to reduce their hours and responsibilities and pursue more flexible work schedules could satisfy both the employee's desire for flexibility and the employer's need to maintain an experienced workforce. However, few employers have established formal programs, because they often complicate the provision of other benefits and might violate antidiscrimination rules. For example, federal laws limit retirement plan distributions to employees who are still working for the plan sponsor, which discourages phased retirement because few older workers can afford to reduce their work hours unless they can receive at least some retirement benefits. Many employers do not provide fringe benefits to part-time employees, and making exceptions for older workers could violate antidiscrimination rules. Federal laws requiring that benefits provided through tax-qualified plans be evenly distributed between highly compensated and lower-paid employees also complicate formal phased retirement programs. Reforming these policies could promote phased retirement

Business · Economic growth · Economics · Flexibility (engineering) · Labour economics · Management · Plan (archaeology) · Work (physics) · Workforce · Engineering · Finance · Financial Literacy, Pension, Retirement Analysis · Gender, Labor, and Family Dynamics · Retirement, Disability, and Employment

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Unique citing works7
Citations per year0,64
Citation span2015 - 2026 (12)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 7

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