Bridge employment after early retirement: a bridge to better postretirement well-being of older adults?

E. Dingemans

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Abstract

Using a retirement arrangement does not necessarily mean that people retire fulltime. The phenomenon of bridge employment, already studied in the US, becomes increasingly popular among older adults in the Netherlands. The question is to what extent bridge employment can be beneficial for well-being of older adults during the retirement process, especially for older workers who are confronted with involuntary retirement. It is often noted that involuntary retirement is detrimental for well-being. However, it can be presumed that having a bridge job after this negative event can buffer the negative consequences for well-being. Multilevel longitudinal random intercept models and fixed effects models on the ‘NIDI Work and Retirement Panel’ data show that well-being is lower for people who experienced their retirement as forced. However, forced retirees who regained control over the retirement process by taking a bridge job do not seem to have lower levels of well-being compared to workers still in their main career job. KEYWORDS: subjective well-being ▪ bridge employment ▪ involuntary retirement ▪ multilevel longitudinal models
Original languageUndefined
Place of PublicationTilburg
PublisherNetwork for Studies on Pensions, Aging and Retirement (NETSPAR)
Volume2012-036
Publication statusPublished - 2012

Publication series

NameNETSPAR THESES

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