To read the full version of this content please select one of the options below:

The retirement planning gap: A view from the public sector

Howard A. Frank (Frank School of Policy and Management Florida International University 3000 N.E. 151 St., AC1-270 North Miami, Florida 33181-3600)
Katherine M. Condon (Southeast Florida Center on Aging Florida International University 3000 N.E. 151 St., AC1-384 North Miami, Florida 33181-3600)
Burton D. Dunlop (Southeast Florida Center on Aging Florida International University 3000 N.E. 151 St., AC1-384 North Miami, Florida 33181-3600)
Max B. Rothman (Southeast Florida Center on Aging Florida International University 3000 N.E. 151 St., AC1-384 North Miami, Florida 33181-3600)

International Journal of Organization Theory & Behavior

ISSN: 1093-4537

Article publication date: 1 March 2000

Abstract

How do public-sector workers assess their prospects for retirement? This article examines retirement planning at a public university in South Florida, where contemporary demographics mirror the nation's expected demographics in 2010. Like their private sector counterparts, our respondents believe quality of life at retirement will be favorable. Yet many respondents appear to be under-saving for retirement and fail to recognize that part-time employment is likely to be an integral part of their retirement experience. As expected, socioeconomic factors, particularly education, gender, and ethnicity, play a significant role in determining retirement planning and perceived quality of life in the “Golden Years.” Investment literacy is limited among many of our respondents, particularly females and minorities. This is critical in light of increased reliance on defined contribution pensions and possible reforms in Social Security.

Citation

Frank, H.A., Condon, K.M., Dunlop, B.D. and Rothman, M.B. (2000), "The retirement planning gap: A view from the public sector", International Journal of Organization Theory & Behavior, Vol. 3 No. 1/2, pp. 235-274. https://doi.org/10.1108/IJOTB-03-01-02-2000-B008

Publisher

:

Emerald Publishing Limited

Copyright © 2000 by Marcel Dekker, Inc.