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Title: Occupational Structure and Retirement
Resulting in 1 citation.
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Hardy, Melissa A. |
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Occupational Structure and Retirement In: Current Perspectives on Aging and the Life Cycle: Volume 1, Work, Retirement, and Social Policy. Z. Blau, ed. Greenwich, CT: JAI Press, 1985: pp. 111-146 Cohort(s): Older Men Publisher: JAI Press, Inc. Keyword(s): Duncan Index; Educational Attainment; Health/Health Status/SF-12 Scale; Retirement/Retirement Planning The research literature on retirement has generally identified OASI and pension benefits as the major "pull" factors and mandatory retirement and health limitations as the major "push" factors determining retirement behavior. Descriptive data analyses of older workers suggested occupational differences in retirement determinants, and retirement studies that incorporated some form of occupational distinction into the analysis indicated some variation in retirement behavior. The research reported in this chapter was undertaken with the aim of developing systematic evidence relevant to this issue. Information from the NLS of Older Men, from 1973, 1976 and 1978 was analyzed in order to examine determinants of retirement with respect to the question of variations by occupational category. A retirement model that included health limitations, compulsory retirement, second pension coverage, Duncan's index of socioeconomic status, education, job tenure, wage, and age-eligibility variables was estimated by means of a logistic regression procedure within occupational groups. Occupational differences in retirement patterns primarily involved the pension-related variables; however, the similarity in the patterns of effects suggested that, once retirement-age differences were controlled, the variables that influenced retirement behavior were fairly consistent across occupational category. |
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Bibliography Citation
Hardy, Melissa A. "Occupational Structure and Retirement" In: Current Perspectives on Aging and the Life Cycle: Volume 1, Work, Retirement, and Social Policy. Z. Blau, ed. Greenwich, CT: JAI Press, 1985: pp. 111-146
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