Swiss society is ageing. At the same time, life expectancy is increasing. With most workers retiring around age 65, time in retirement is growing and the ratio of retirees to employees is set to soar. These developments bring a range of opportunities but will likely weigh on growth in GDP per capita and increase public spending. They may also…

Population aging in Korea is projected to be the most rapid among Organisation for Economic Co-operation and Development (OECD) countries between 2000 and 2050. However, social spending in Korea remains low, reflecting Korea's relatively young population, limited health and long-term care insurance coverage, and immaturity of its pension system.…

This is an interpretive-descriptive analysis of responses to 41 open ended questionnaires returned by academics working beyond normal retirement age. The sample consisted mainly of academics from the United Kingdom, Australia, and New Zealand. The research addressed the question of what motivates some academics to continue working beyond the…

With life expectancy increasing, and changes to public policy aimed at encouraging older workers to stay in the workforce, the conditions under which people decide to retire have changed in recent years. This report describes the characteristics of those who continue to work beyond the age of 65. The findings show that two groups of workers, in…

Current theoretical models support the existence of interactions between the individual and socio-environmental forces when it comes to the formation and enactment of life plans (Friedman & Scholnick, 1997; Shanahan & Elder, 2002). In this investigation, we examine the social, economic, and psychological forces that impact financial…

The oldest of the baby boomers (boomers) were age 63 in 2009 and on the verge of retirement. This cohort has had a history of making societal changes throughout its life cycle, and it is unlikely that retirement, as we know it, will remain unscathed. This article highlights two events--the Stonewall Inn riots and two prominent professional…

Several conceptualizations and definitions of retirement have been proposed. One of them--the three-stage transition process--can be illustrated from studies in Israel: (1) leaving the old role; (2) going through the act of formal separation; and (3) adjusting to the new situation and role. Today's higher rate of survival into later years means…

This Technical Committee Report examines four tiers of retirement income: (1) social security; (2) private and public occupational pension programs; (3) income from assets and savings; and (4) needs-tested programs. A summary of principal findings and recommendations is followed by three sections discussing the statistical basis for this report.…

The social security system in the United States is becoming increasingly unstable, as the amount of benefits paid to an ever larger number of retirees grows and the number of younger workers paying taxes to the system decreases. The problem will become especially acute in the years 2011 and after, as the members of the "baby boom"…

This collection consists of papers presented at a 1982 conference on policy issues in work and retirement. Presented first is an introductory overview of the problems of retirement and aging by Herbert S. Parnes. The following conference reports are included in the volume: "Life without Work: Does It Make Sense?" by Eli Ginzberg;…

Old-age policy in France has evolved historically in three critical dimensions that also correspond generally to post-World War II developments in France: the right to retirement (pensions); improved living conditions (e.g., autonomy, housing); and continued participation in the labor force. The last focus is currently a controversial one, given…

Examines the dynamics of the aging process, the employment situation facing older Japanese workers, and changes in age-related employment and wage practices. (SK)

Predicts declining confidence in Social Security, questioning of public's responsibility for elderly, organization proliferation, anticipated labor shortages, and trend to reengage in mainstream society. Sees result as greater emphasis on elderly's productive potential and a "common human need" policy in aging field. (Author/CM)

Life expectancy trends are examined from a policy maker's perspective. Since the late 1960's, life expectancy among the U.S. elderly has increased at unprecedented rates, from 70.2 years in 1965 to 74.5 years in 1983. Although unforeseeable events, such as outbreaks of new diseases, are not reflected in the projections, current projections assume…

One of the major structural changes facing European economies is the adjustment to an older and more slowly growing population. Aging and lower fertility rates will result in a smaller proportion of the population being in the working age, especially after the year 2010. Estimates are that by 2030 there could be only 2 employed persons for every…