2023-09-28 14:46:10 +00:00
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abstract: 'Over the last 10 years the German pension system has undergone several
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reforms including the abandonment of early retirement policies and an
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increase in the statutory retirement age. Consequently, the average
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retirement age has increased and future retiree cohorts have adjusted
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the retirement expectations and preferences as to when they would like
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to retire.
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This study was carried out to examine discrepancies between the expected
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and the preferred retirement age of older workers in Germany and to
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investigate how these discrepancies differ between groups of older
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workers.
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Based on data from the survey ``Employment after retirement{''''}, the
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expected and preferred retirement ages of 1500 workers aged 55 years and
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older were compared. Regression analyses were used to investigate the
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influence of educational level and professional position on deviances
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between the expected and preferred retirement ages.
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On average older workers would like to retire 1.75 years earlier than
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they actually expect to. The deviance is significantly larger for
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employees with a lower professional position, lower income and lower
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educational level.
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The discrepancy between expected and preferred retirement ages, in
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particular for older workers in vulnerable labor market positions,
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indicates a potential social inequality regarding the choice of
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retirement timing. This must be acknowledged when considering further
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reforms of the German pension system.'
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affiliation: 'Hess, M (Corresponding Author), Univ Mannheim, Mannheim Ctr European
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Social Res MZES, D-68131 Mannheim, Germany.
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Hess, Moritz, Univ Mannheim, Mannheim Ctr European Social Res MZES, D-68131 Mannheim,
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Germany.'
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author: Hess, Moritz
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author-email: moritz.hess@mzes.uni-mannheim.de
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author_list:
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- family: Hess
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given: Moritz
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da: '2023-09-28'
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doi: 10.1007/s00391-016-1053-x
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eissn: 1435-1269
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files: []
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issn: 0948-6704
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journal: ZEITSCHRIFT FUR GERONTOLOGIE UND GERIATRIE
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keywords: 'Retirement; Occupational status; Social class; Public policy; Social
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inequality'
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keywords-plus: LONGITUDINAL ANALYSIS; CAREER; TREND; WORK
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language: English
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month: JAN
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number: '1'
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number-of-cited-references: '29'
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orcid-numbers: Hess, Moritz/0000-0003-4095-6448
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pages: 98-104
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papis_id: 39788f30624b37d2859b3148185dcb7b
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ref: Hess2018expectedpreferred
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researcherid-numbers: Hess, Moritz/AAD-1845-2022
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times-cited: '24'
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title: Expected and preferred retirement age in Germany
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000422973000017
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usage-count-last-180-days: '1'
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usage-count-since-2013: '14'
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volume: '51'
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web-of-science-categories: Geriatrics \& Gerontology; Gerontology
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year: '2018'
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