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Early Retirement: The Case of The Netherlands
Author(s) -
Henkens Kène,
Siegers Jacques
Publication year - 1994
Publication title -
labour
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.403
H-Index - 34
eISSN - 1467-9914
pISSN - 1121-7081
DOI - 10.1111/j.1467-9914.1994.tb00220.x
Subject(s) - quarter (canadian coin) , popularity , retirement age , scope (computer science) , civil service , demographic economics , labour economics , service (business) , work (physics) , tertiary sector of the economy , drop out , psychology , economics , business , social psychology , political science , marketing , public relations , finance , pension , public service , mechanical engineering , archaeology , computer science , engineering , history , programming language
This article takes a closer look at the scope of actual early retirements, reasons for choosing early retirement, the popularity of different types of flexible retirement schemes, and the status of elderly employees within their own organization. It appears that positive reasons for choosing early retirement are more often mentioned by persons in higher professional groups, by those with a higher level of education, and by those who work in the civil service or the service sector. Neutral and negative reasons are mentioned more often by persons in lower professional groups, by those with a lower level of education, and by those working in the industrial sector. Although the motives for opting for early retirement differ, there do not appear to be great differences between categories of respondents if they have been able to choose their age at retirement personally, within specified age limits. Approximately a quarter of the respondents indicated they would leave work at the age of 60, even if this meant a 30% drop in net income.