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Title: The Effects of the Work Role on Early Retirement
Resulting in 1 citation.
1. Hayward, Mark D.
The Effects of the Work Role on Early Retirement
Presented: San Antonio, TX, American Sociological Association Annual Meetings, 1984
Cohort(s): Older Men
Publisher: American Sociological Association
Keyword(s): Early Retirement; Health Factors; Pensions; Retirement/Retirement Planning; Work History

Permission to reprint the abstract has not been received from the publisher.

The influence of the occupational work role on the early retirement transition of older men is examined. Attention is focused both on the independent effects of work characteristics and on the extent to which these characteristics account for the effects of certain traditional determinants of early retirement. Using data from the NLS of Older Men and the Dictionary of Occupational Titles, a model of early retirement is specified in which two labor force continuation ratios reflecting dichotomous contrasts between early and late retirement are a function of major dimensions of the occupational work role (cognitive skill, manipulative skill, social skill, and physical and environmental demands), other job attributes (union membership, wage compulsory retirement regulations, and job tenure), and certain traditional explanatory factors (health, pension coverage). The results indicate that aspects of the occupational work role are major determinants of early retirement. Moreover, the findings suggest that when the nature of work is controlled, the influence of health increases while the effects of pension coverage decline. Past research may have overestimated the actual pecuniary influence of pension benefits while underestimating the influence of health limitations.
Bibliography Citation
Hayward, Mark D. "The Effects of the Work Role on Early Retirement." Presented: San Antonio, TX, American Sociological Association Annual Meetings, 1984.