Teachers in England and Wales are involved in the largest campaign of industrial action since the mid-1980s. At the heart of their grievances are government plans to abolish a national framework for teachers' pay and the removal of important safeguards relating to working conditions. Wider questions of workload and pensions are also involved. This…

Purpose: Continued employment after retirement and engagement in unpaid work are both important ways of diminishing the negative economic effects of the retirement of baby boomer cohorts on society. Little research, however, examines the relationship between paid and unpaid work at the transition from full-time work. Using a resource perspective…

Given the overarching ramifications that financial literacy plays in the modern economy, this paper contends that a renewed emphasis on financial literacy is central to individual, family and communal economic security. New responsibilities and opportunities given to consumers, such as retirement planning, have increased the need for more…

Economists have long suggested that higher private pension benefits "crowd out" other sources of household wealth accumulation. We exploit detailed information on pensions and lifetime earnings for older workers in the 1992 wave of the Health and Retirement Study and employ an instrumental-variable (IV) identification strategy to estimate…

This study of emeritus professors at an English university aims to stimulate debate about their professional and leisure activities in retirement, how much use they make of their university's facilities and how much use their universities make of them. It reveals that about half remain very happily active in teaching and research, though not…

Fewer than half of all Americans will be financially ready to retire at age 65, according to a recent Boston College study. Two coinciding needs, purpose and a paycheck, are driving a huge surge of interest in meaningful "encore careers"--paid second acts in areas such as education, human services, the environment, and fighting poverty.…

While it is generally understood that defined benefit pension systems concentrate benefits on career teachers and impose costs on mobile teachers, there has been very little analysis of the magnitude of these effects. The authors develop a measure of implicit redistribution of pension wealth among teachers at varying ages of separation. Compared…

Policymakers are beginning to take note of the fiscal problems in teacher retirement systems. States have recently taken action by raising retirement ages, lowering benefit payments, and reducing cost-of-living adjustments. These are small steps toward shoring up the system to help ensure that it remains sustainable in the future. But the problems…

The influence of social-support, self-efficacy, and personality on the general-health of retirees in Lagos, Nigeria was investigated. Retirees (N = 475) attending a monthly pensioners' program participated. A MANOVA revealed significant influence of social-support on two dimensions of general-health status: social dysfunction (F(1) = 12.009) p =…

Women veterans' needs have been subsumed under the needs of veterans in general for many years. Because women veterans make up less than ten percent of the total current veteran population, their unique needs have been obscured by this, but this is beginning to change. The federal Department of Veterans Affairs (VA), the California Department of…

We study the effect of a compulsory education reform in Sweden on adult health and mortality. The reform was implemented by municipalities between 1949 and 1962 as a social experiment and implied an extension of compulsory schooling from 7 or 8 years depending on municipality to 9 years nationally. We use detailed individual data on education,…

An extended career or working through planned retirement may assist baby boomers in recapturing financial losses experienced from the U.S. retirement market between 2007 and 2008. Job security, enhanced by adding value to an organization through competent performance, is an important link to the success of an extended career. Hence, baby boomers…

Retirement is another phase of life. It is neither occupational death nor physical death. This study investigated principals' perception of the strategies to cope with retirement. One research question and one hypothesis guided the study. The sample for the study was 259 principals in Anambra state schools. Questionnaire was the instrument for the…

Psychological effects of disengagement from a work life and the transition to retirement are discussed. These effects include partial identity disruption, decision paralysis, diminished self trust, experience of a post retirement void, the search for meaningful engagement in society, development of a retirement/life structure, the confluence of…

In their recent and insightful article on adjustment among retirees, Wang, Henkens, and van Solinge (April 2011) provided a comprehensive review of current theorizing on the antecedents of employees' post-retirement well-being. Central to their review is a resource-based model, which conceptualizes retirement as a stress-inducing role transition…