TITLE:
Early Retirement Intention in Workers from the Industry and Service Sectors: Influence of the Perception of Benefits from Retiring or from Continuing to Work
AUTHORS:
Jordi Fernández- Castro, Joaquín T. Limonero, Maria Pau González- Olmedo, Rosa Serrano, Victoria López, Tatiana Rovira
KEYWORDS:
Early-Retirement, Older Workers, Perceived Health, Job Quality
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.3 No.4,
April
8,
2015
ABSTRACT: This study aims to identify the factors that favor the intention to continue working or to retire in workers over 50 years old. The sample consisted of 186 workers of both sexes from the industry and services sectors who answered a questionnaire which recorded their perceived health, job quality and their perception of the benefits or drawbacks of continuing to work or taking early retirement. The results indicated that to continue in active employment is mainly seen as economically beneficial but negative for family life and health. In contrast, early retirement is seen as beneficial for family life and self-actualization but economically negative. A regression analysis revealed that the motivation to stay active occupationally depends on the perceived health and social support given at work, but mostly to have a positive vision of being active workforce.