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Title: Retirement Decision: A Question of Opportunity
Resulting in 1 citation.
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Rones, Philip L. |
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Retirement Decision: A Question of Opportunity Report, Bureau of Labor Statistics, U.S. Department of Labor, 1980 Cohort(s): Older Men Publisher: U.S. Department of Labor Keyword(s): Discrimination, Age; Labor Supply; Legislation; Retirees; Retirement/Retirement Planning; Work Attitudes The purpose of this paper was to discuss: (1) the problems in using labor force data to study casual factors of retirement trends; (2) the anticipation impact of the Age Discrimination in Employment Act (ADEA); and (3) the political labor supply of current retirees. Current Population Survey data was analyzed, using results from other research such as the 1968 and 1969 Survey of Newly Entitled Beneficiaries, the Retirement History Study, the National Longitudinal Survey, and the 1974 Louis Harris Survey. Men and women in the 60-64 and 65+ age groups were analyzed separately. It was found that: (1) the complexity of forces influencing the retirement decision makes it difficult to infer causalities from labor force participation rate trends, since the impact of a single factor can easily be hidden by countering factors; (2) it is likely that the 1978 Amendments to the ADEA will have little short-term impact on the retirement decision; and (3) little is yet known about the extent to which people older than the "normal" retirement age wish to work. It was noted that the Department of Labor has contracted to do additional research on these subjects, which should dispel some of the confusion currently surrounding them. [AgeLine] |
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Bibliography Citation
Rones, Philip L. "Retirement Decision: A Question of Opportunity." Report, Bureau of Labor Statistics, U.S. Department of Labor, 1980. |