Effective retirement age from employment and full‐time employment, and the impact of the 2008 crisis
Bibliographic Data
| ID | 9971086 |
|---|---|
| Authors | Denis Latulippe (0000-0003-3685-4246, Laval University, Québec, Canada; Independent consultant Montréal Canada, corresponding author), Florence Fontaine (Laval University, Québec, Canada; Independent consultant Montréal Canada) |
| Year | 2019 |
| Volume | 72 |
| Issue | 2 |
| Pages | 23-47 |
| Publication date | 2019-04-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | International Social Security Review (JOURNAL) |
| Journal identifiers | ISSN: 0020-871X • E-ISSN: 1468-246X |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/issr.12204 |
| OpenAlex | W2943563177 |
| Language | EN |
| Citations received | 2 |
| References cited | 4 |
Estimates of effective retirement age based on labour force participation rates are commonly used for actuarial experience review and policy development. However, the transition from work to retirement and the socio‐economic environment have evolved over the years, influenced by a growing role for gradual retirement and the labour market impact of the 2008 economic crisis. Rather than focusing exclusively on retirement ages based on labour force participation rates, this article presents complementary estimates of retirement ages to better assess the effective retirement age from employment. It also introduces the concept of retirement from full‐time employment, showing that the retirement age from full‐time employment is systematically lower than the retirement age from employment. The results reveal that the trend towards an increase in the retirement age has been impacted by economic conditions when considering the effective employment of older workers. Results are presented for different Member countries of the Organisation for Economic Co‐operation and Development over the period 2005–2015
Demographic economics · Economics · Financial crisis · Labour economics · Pension · Retirement age · Work (physics · Finance · Global Health Care Issues · Labor market dynamics and wage inequality · Retirement, Disability, and Employment
| Citations per year | 0.29 |
|---|---|
| Citation span | 2019 - 2024 (6) |
| Highly cited | No |