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

TY - BOOK

T1 - Bridge employment after early retirement: a bridge to better postretirement well-being of older adults?

AU - Dingemans, E.

N1 - Reporting year: 2012

PY - 2012

Y1 - 2012

N2 - 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

AB - 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

M3 - Rapport

VL - 2012-036

T3 - NETSPAR THESES

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

PB - Network for Studies on Pensions, Aging and Retirement (NETSPAR)

CY - Tilburg

ER -