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Title: Functional Capacities of Older Men for Extended Work Lives
Resulting in 1 citation.
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Chirikos, Thomas N. Nestel, Gilbert |
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Functional Capacities of Older Men for Extended Work Lives Special Report, Social Security Administration, U.S. Department of Health and Human Services, 1988. Social Security Bulletin 52,8 (August 1989): 14-16 Cohort(s): Older Men Publisher: Social Security Administration Keyword(s): Disabled Workers; Health Factors; Health/Health Status/SF-12 Scale; Job Requirements; Markov chain / Markov model; Mortality; Occupations; Retirement/Retirement Planning Permission to reprint the abstract has not been received from the publisher. The extent to which health conditions or physical job requirements affect the functional capacity of older men to remain at work is an important consideration in judging policies designed to advance the age of retirement. A continuous-time Markov model of retirement, disability and death is developed in this report to test hypotheses about the influence of impaired health and non-sedentary work on the ability of men in their seventh decade to delay retirement. The model is estimated with panel data covering a seventeen-year period for a nationally representative sample of older American men. Poor health is found to affect significantly the likelihood of retiring in a disabled state. Since the impairment status of the elderly may deteriorate over time as mortality rates improve, retirement policy must be braced for the very real possibility that the fraction of older workers who will have difficulty in delaying retirement because of their health problems will increase in the future. However, physical job requirements are found to play a slightly more ambiguous role in the ability of men to delay retirement. Workers in non-sedentary jobs are indeed more likely to retire disabled. But cohort projections of the fractions of men in various non-sedentary and sedentary job categories capable of extending their work lives are quite similar, even when differences in background characteristics of these men is taken into account. Thus, even though some workers will be adversely affected by advancing the age of retirement, this hardship is unlikely to fall disproportionately on only some small number of workers or those at work in specific types of jobs. |
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Bibliography Citation
Chirikos, Thomas N. and Gilbert Nestel. "Functional Capacities of Older Men for Extended Work Lives." Special Report, Social Security Administration, U.S. Department of Health and Human Services, 1988. Social Security Bulletin 52,8 (August 1989): 14-16. |