Abstract

Population ageing in Western countries has made delayed retirement and extended working life a policy priority in recent years. Retirement timing has been linked to individual factors such as health and wealth, but less is known about the role of the psychosocial work environment. This paper drew upon longitudinal data on 3462 workers aged 50–69 from five waves of the English Longitudinal Study of Ageing (ELSA). Regression models were used to assess the association of working conditions with preferred timing of retirement and actual work exit. Adjusting for a range of covariates, job demands (aspects of the job requiring sustained physical or psychological effort) were associated with preferences for earlier retirement (by 0.18 years; 95 % C.I. 0.06, 0.31). Decision authority was associated with preferences for later retirement (by 0.38 years; 95 % C.I. 0.23, 0.53) and reduced odds of work exit (OR = 0.93; 95 % C.I. 0.88, 0.97). Low recognition at work was associated with increased odds of work exit (OR = 1.23; 95 % C.I. 1.10, 1.43). There was little evidence of any interactive relationship between demands and resources. Efforts to extend working life should address issues relating to the immediate psychosocial work environment. Providing older workers with increased sense of control, and ensuring contributions are adequately recognised, may delay retirement intentions and the timing of labour market exit.

Highlights

  • IntroductionPopulation ageing and improving health at older ages in Western countries have placed political and economic emphasis on the need to reduce early retirement (before statutory pension age) and extend working life (beyond age 50)

  • In recent years, population ageing and improving health at older ages in Western countries have placed political and economic emphasis on the need to reduce early retirement and extend working life

  • The English Longitudinal Study of Ageing (ELSA) sample is drawn from households that previously responded to the Health Survey for England (HSE) in 1998, 1999 or 2001

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Summary

Introduction

Population ageing and improving health at older ages in Western countries have placed political and economic emphasis on the need to reduce early retirement (before statutory pension age) and extend working life (beyond age 50). Across Europe, effective retirement ages (the average age of labour market exit) continue to lag behind statutory ones (i.e. more people stop working before statutory pension age than do after; OECD 2011). As a proportion of persons aged 20–64) forecast to rise further in coming decades (Eurostat 2015), a better understanding of the antecedents of early labour market exit is imperative. Job demands refer to aspects of the job ‘‘that require sustained physical and/or psychological effort’’ (Bakker and Demerouti 2007), whereas resources are attributes that stimulate personal growth, learning and development, contribute towards the achievement of work goals or reduce job demands Job demands refer to aspects of the job ‘‘that require sustained physical and/or psychological effort’’ (Bakker and Demerouti 2007), whereas resources are attributes that stimulate personal growth, learning and development, contribute towards the achievement of work goals or reduce job demands (p. 312)

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