Abstract

Phased retirement can be an important arrangement for societies making the transition to an older work force. However, the uptake of these type of programs is quite low. In this paper we compare the older worker and employer perspective on using these programs. While older workers point the importance of organizational barriers for refraining from use of phased retirement arrangements, employers hardly seem to see a role for themselves even though they acknowledge the potential positive impact of phased retirement in extending working careers. Phased retirement is seen as a private affaire by employers. The large gap between the potential and actual use of these programs remains worrisome and may be exemplary for similar well-intended programs at extending the working life.

Highlights

  • General rights Copyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights

  • Labor force statistics provide strong evidence that the era of early retirement belongs to the past

  • The pension reforms that have been enacted in the past 10–20 years define higher statutory pension ages and, in general, this amounts in practice to working much longer than workers previously envisioned

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Summary

Tilburg University

The rhetoric and reality of phased retirement policies Henkens, Kène; van Dalen, Hendrik Peter; van Solinge, Hanna. The rhetoric and reality of phased retirement policies.

Gradual Retirement as the Stepping Stone Towards a Longer Working Life
Findings
Are Phased Retirement Programs the Silver Bullet for Aging Societies?
Full Text
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