Financial reasons for working beyond the statutory retirement age : risk factors and associations with health in late life

Burkhalter, Denise; Wagner, Aylin; Feer, Sonja; Wieber, Frank; Ihle, Andreas; Baumann, Isabel

doi:10.3390/ijerph191710505

Please use this identifier to cite or link to this item: https://doi.org/10.21256/zhaw-25535

Publication type:	Article in scientific journal
Type of review:	Peer review (publication)
Title:	Financial reasons for working beyond the statutory retirement age : risk factors and associations with health in late life
Authors:	Burkhalter, Denise Wagner, Aylin Feer, Sonja Wieber, Frank Ihle, Andreas Baumann, Isabel
et. al:	No
DOI:	10.3390/ijerph191710505 10.21256/zhaw-25535
Published in:	International Journal of Environmental Research and Public Health
Volume(Issue):	19
Issue:	17
Page(s):	10505
Issue Date:	2022
Publisher / Ed. Institution:	MDPI
ISSN:	1661-7827
Language:	English
Subjects:	Older worker; Working life prolongation; Reasons for retirement; Socioeconomic inequality; Public health; Public policy reform; Arbeitsleben; Sozioökonomie; Spätpensionierung
Subject (DDC):	331: Labor economics 613: Personal health
Abstract:	Despite an increasing trend of working life prolongation, little is known about the risk factors for financial reasons for working beyond the statutory retirement age (SRA), and how these reasons relate to health. The present study examined (1) the determinants of working beyond the SRA, (2) the workers’ self-reported reasons for working beyond the SRA, and (3) the association between these reasons and health in late life. Cross-sectional data of 1241 individuals from the Swiss survey “Vivre/Leben/Vivere” were analyzed. The results showed that people with a low level of education and with a low income have an 80% higher risk of working beyond the SRA for financial reasons than for other reasons (p < 0.001). Moreover, self-rated health was not significantly associated with working beyond the SRA for financial reasons but was significantly associated with education and income (p < 0.01). In conclusion, while previous studies have already identified financial difficulties as one important reason for working beyond the SRA, the present study indicated the socioeconomic factors that are crucial for increasing the risk for working beyond the SRA. Thus, our results help to guide the adaptation of social policies for better maintaining and promoting the health of particularly vulnerable older workers.
URI:	https://digitalcollection.zhaw.ch/handle/11475/25535
Related research data:	https://cigev.unige.ch/recherches/vlv/
Fulltext version:	Published version
License (according to publishing contract):	CC BY 4.0: Attribution 4.0 International
Departement:	School of Health Sciences
Organisational Unit:	Institute of Public Health (IPH)
Published as part of the ZHAW project:	Gesundheitliche Ungleichheit im Kontext einer Verlängerung des Arbeitslebens
Appears in collections:	Publikationen Gesundheit

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Burkhalter, D., Wagner, A., Feer, S., Wieber, F., Ihle, A., & Baumann, I. (2022). Financial reasons for working beyond the statutory retirement age : risk factors and associations with health in late life. International Journal of Environmental Research and Public Health, 19(17), 10505. https://doi.org/10.3390/ijerph191710505

Burkhalter, D. et al. (2022) ‘Financial reasons for working beyond the statutory retirement age : risk factors and associations with health in late life’, International Journal of Environmental Research and Public Health, 19(17), p. 10505. Available at: https://doi.org/10.3390/ijerph191710505.

D. Burkhalter, A. Wagner, S. Feer, F. Wieber, A. Ihle, and I. Baumann, “Financial reasons for working beyond the statutory retirement age : risk factors and associations with health in late life,” International Journal of Environmental Research and Public Health, vol. 19, no. 17, p. 10505, 2022, doi: 10.3390/ijerph191710505.

BURKHALTER, Denise, Aylin WAGNER, Sonja FEER, Frank WIEBER, Andreas IHLE und Isabel BAUMANN, 2022. Financial reasons for working beyond the statutory retirement age : risk factors and associations with health in late life. International Journal of Environmental Research and Public Health. 2022. Bd. 19, Nr. 17, S. 10505. DOI 10.3390/ijerph191710505

Burkhalter, Denise, Aylin Wagner, Sonja Feer, Frank Wieber, Andreas Ihle, and Isabel Baumann. 2022. “Financial Reasons for Working beyond the Statutory Retirement Age : Risk Factors and Associations with Health in Late Life.” International Journal of Environmental Research and Public Health 19 (17): 10505. https://doi.org/10.3390/ijerph191710505.

Burkhalter, Denise, et al. “Financial Reasons for Working beyond the Statutory Retirement Age : Risk Factors and Associations with Health in Late Life.” International Journal of Environmental Research and Public Health, vol. 19, no. 17, 2022, p. 10505, https://doi.org/10.3390/ijerph191710505.