Trapped in ‘Involuntary’ Work in the Late Career? Retirement Expectations versus the ‘Desire to Retire’ in Estonia
Trapped in ‘Involuntary’ Work in the Late Career? Retirement Expectations versus the ‘Desire to Retire’ in Estonia
Author(s): Kristina Lindemann, Marge UntSubject(s): Social Sciences, Labor relations, Welfare systems, Political economy, Management and complex organizations, Family and social welfare, Policy, planning, forecast and speculation, Gerontology, Sociology of the arts, business, education, Welfare services
Published by: Rahvusvaheliste ja Sotsiaaluuringute Instituut ja Riigiteaduste Instituut
Keywords: Estonia; late career workers; retirement expectations; retirement preferences; transition to retirement;
Summary/Abstract: In light of recent policies aiming to promote the prolongation of working life, one of the key questions is how people have adjusted their retirement expectations (i.e., realistic plans) and preferences (i.e., wishes and desires). We explore which social groups plan to continue working after the statutory retirement age, and whether they wish to do it or whether it is a forced choice (‘involuntary’ work). Overall, almost all employed late career workers plan to work until or beyond retirement age in Estonia, especially men and those who have more educational and health resources. Still, results of a joint analysis of plans and wishes indicate that two groups have a higher risk of ‘involuntary’ work. First, a higher education combined with a low job satisfaction predicts staying longer in the labour despite the wish to retire as early as possible. Second, individuals who have poor health and a low job satisfaction often wish to retire as early as possible but stay in the labour market until reaching to the compulsory retirement age. Thus, policy measures increasing merely the statutory retirement age create tensions, especially among those not satisfied with their jobs. More analytical work and policy measures are needed to provide solutions at the workplace level that would enable a prolonged work career.
Journal: Studies of Transition States and Societies
- Issue Year: VIII/2016
- Issue No: 3
- Page Range: 60-77
- Page Count: 18
- Language: English