Workplace Norms for the Timing of Retirement

TitleWorkplace Norms for the Timing of Retirement
Publication TypeBook Chapter
Year of Publication1998
AuthorsEkerdt, DJ
EditorSchaie, KW, Schooler, C
Book TitleImpact of Work on Older Adults
Pagination101-23
PublisherSpringer Publishing Co., Inc.
CityNew York, NY
KeywordsDemographics, Employment and Labor Force
Abstract

This paper explores and supports the view of individual retirement behavior being a course of action that is embedded in the structure of work. Results show that three-quarters of American workers aged 51-61 recognize that there is a 'usual age' for retirement among their co-workers. Men seem somewhat more inclined to recognize this trend than women. These usual ages vary depending on occupation type and workplace circumstatnces, and they correspond to the age-scheduled incentives of workers' pension plans. Usual age appears to be an upper limit on the range of workers' personal plans to exit the job. This timing norm is taught in the workplace and then reinforced by individuals when they formulate their retirement plans around it.

Notes

ProCite field 8 : eds.

Endnote Keywords

Labor/Basic Demographics

Endnote ID

8384

Endnote Author Address

HRS 1992

Short TitleWorkplace Norms for the Timing of Retirement
Citation Key5166