Factors Limiting the Opportunities for Partial Retirement

Abstract

We di erentiate between various types of restrictions that might limit the access to partial retirement. We also consider di erent types of restrictions that might make partial retirement less attractive for employees. Respondents of an online survey are asked to indicate the extent these restrictions apply in their own situation. We analyze the associations between these restrictions and worker characteristics, job characteristics and job satisfaction of the respondents. Principal results indicate that higher income earners, those working in larger companies, and blue-collar workers have limited opportunities for partial retirement. Older workers are much more likely but those who value work for itself rather than for the compensation are much less likely to be discouraged by the labor market restrictions that might make partial retirement less attractive.