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1 – 10 of over 18000Early retirement in the Arabian Gulf States and in Kuwait inparticular became a public issue before and after the Gulf War. Reportsa recent study of Kuwaiti nationals who retired…
Abstract
Early retirement in the Arabian Gulf States and in Kuwait in particular became a public issue before and after the Gulf War. Reports a recent study of Kuwaiti nationals who retired from the Government sector from 1979 to 1989: more than 84 per cent of the sample were 50 years of age and younger; more than 70 per cent of the women and 52 per cent of the men were college graduates; more than 74 per cent of the women and 32 per cent of the males spent less than 25 years in service; and more than 51 per cent of men and 42 per cent of women worked after their retirement. The sample considered early retirement benefits and management‐organizational factors to be the major influences on their early retirement decision and proposed improving the management‐organization factors through training, managerial development, career development, and counselling as means for reducing the outflow of Kuwaiti manpower from the Government sector, and offsetting the early retirement trend.
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Karen Martin Gibler, James R. Lumpkin and George P. Moschis
Factors such as retirement and declining health may trigger older Americans to move into retirement housing. Most mature consumers make this decision in consultation with their…
Abstract
Factors such as retirement and declining health may trigger older Americans to move into retirement housing. Most mature consumers make this decision in consultation with their family. Understanding the timing and decision‐making process is necessary to properly position and promote retirement housing. A national survey of retirement housing residents found that most moves were prompted by financial considerations, retirement, and health problems. Although most seniors made the final decision to move themselves, children and physicians were influencers. Thus, retirement housing must be promoted to family members and health care workers as well as potential residents.
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James W. Walker and Karl F. Price
Retirement: is it the ‘golden years’ or is it relegation to the ‘human scrapheap’? In reality, it may be either, depending on a multitude of factors interrelated in a complex…
Abstract
Retirement: is it the ‘golden years’ or is it relegation to the ‘human scrapheap’? In reality, it may be either, depending on a multitude of factors interrelated in a complex process. This paper presents a model that describes this process and explains the retirement decision in behavioural terms. The model also shows the interaction between environmental, institutional and individual variables; their impact on retirement; and the impact of retirement upon them.
With the development over recent years of Preparation for Retirement (PFR) courses, it has become a matter of concern to evaluate the relevance of their content and method to…
Abstract
With the development over recent years of Preparation for Retirement (PFR) courses, it has become a matter of concern to evaluate the relevance of their content and method to those who participate. Beveridge and Rives and Siegel suggest that programmes have tended to concentrate too much on information giving, largely on environmental issues like health, finance and housing, to the neglect of problems of psychological adjustment. Gilmore has pointed out that there is no evidence that teaching styles and methodologies appropriate to older people have been given sufficient consideration by course planners.
Kenneth S. Shultz and Kène Henkens
The purpose of this overview is to provide a brief introduction to the topic of retirement, noting five key issues and directions for future research which are addressed…
Abstract
Purpose
The purpose of this overview is to provide a brief introduction to the topic of retirement, noting five key issues and directions for future research which are addressed collectively in the compilation of papers that follow: the changing nature of retirement; the need for an interdisciplinary perspective on retirement; the need to look at both individual and organizational perspectives; international variations in contexts and processes; and the need for a broad methodological perspective. The authors then outline and summarize the seven studies included in this special issue, as well as acknowledge those who were instrumental in bringing this special issue to fruition.
Design/methodology/approach
The International Journal of Manpower's usual double blind review process was used to select the seven papers included in this special issue. The papers themselves represent a wide variety of designs, methodologies, and analytic strategies used to study retirement. In addition, a wide variety of disciplinary approaches and levels of analyses and perspectives are employed across the seven studies.
Findings
The findings of the studies included in this special issue touch on retirement planning and decision making, as well as employer perspectives on the global aging workforce.
Practical implications
Each article includes practical implications with regard to retirement for the country and/or constituents examined in the study.
Originality/value
Taken as a collective, the papers in this special issue help to propel forward in significant ways the study of retirement from an international and interdisciplinary perspective.
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Saundra K. Morelos and Brian H. Kleiner
The County Employees Retirement Law of 1937 paved the way for employer‐sponsored retirement programmes to be created. One such programme is the Orange County Employees Retirement…
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The County Employees Retirement Law of 1937 paved the way for employer‐sponsored retirement programmes to be created. One such programme is the Orange County Employees Retirement System. It was implemented in 1945 to provide retirement benefits for public service employees. Since that time, many new developments have resulted in changing the system to better service the members. Those new developments include SB 558, the cancer presumptive bill, AB 1817 affecting disability retirement, AB2841 increasing employer contributions, and AB1937 increasing retirement allowances. Using Orange County as an example, these developments are analysed according to their affects upon employees. The significance of these developments for employers and employees of all companies is to encourage the appropriate action necessary to implement change in a positive way for all members of a retirement scheme.
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Following a brief review of research on special early retirement,provides a summary of a recent extensive study by Maule, Cliff andTaylor (in press) and re‐interprets the findings…
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Following a brief review of research on special early retirement, provides a summary of a recent extensive study by Maule, Cliff and Taylor (in press) and re‐interprets the findings of this study in the context of the development of effective early retirement schemes. Discusses effectiveness in terms of the factors which are important in the decision and how these should be presented, the worries and concerns which people have about early retirement and how these should be addressed, ways of helping people make the decision and the factors at the point of decision that are likely to affect the quality of life in retirement. Considers of the ways in which each of these factors affect different groups of workers and the possibility that retirement schemes can be targeted to be differentially attractive to different groups.
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Autumn Behringer, Carolyn C. Perrucci and Richard Hogan
To what extent do couples expect to retire together? What distinguishes “atypical congruent” couples who expect to retire separately? What distinguishes “non-congruent” couples…
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To what extent do couples expect to retire together? What distinguishes “atypical congruent” couples who expect to retire separately? What distinguishes “non-congruent” couples who disagree on retirement plans? Using U.S. Health and Retirement Study (HRS) data, we find that “Atypical Congruent” (separate retirement) couples have shorter marriages, larger age differences, unequal decision-making, dependent children, and pension plans for both husband and wife. They are also more frequently interracial or minority couples. “Non-Congruent” couples (who disagree on retirement plans) are distinguished by wife's earnings and husband's occupational status and work schedule.
The authors herein carry out a literature review of retirement planning and highlights that proper retirement planning starts by looking at the level of income an individual is…
Abstract
The authors herein carry out a literature review of retirement planning and highlights that proper retirement planning starts by looking at the level of income an individual is likely to continue receiving at retirement if they were to take no action, then comparing this to what they would need to lead the lifestyle they desire. The authors review the traditional economic theories that many are accustomed to when interpreting financial matters (i.e., rational behavior) and compares this to the various studies and articles found in literature. The authors then dig into retirement planning in Malta and the behavioral obstacles to proper planning and how these are tackled in different European countries.
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