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Article: To retire or not to retire: Is there an option for older workers in Hong Kong?

TitleTo retire or not to retire: Is there an option for older workers in Hong Kong?
Authors
KeywordsHong Kong
Older Adults
Retirement
Work
Issue Date2005
PublisherBlackwell Publishing Ltd. The Journal's web site is located at http://www.blackwellpublishing.com/journals/SPOL
Citation
Social Policy And Administration, 2005, v. 39 n. 3, p. 233-246 How to Cite?
AbstractOver the next thirty years, Hong Kong will have a rapidly ageing population. One possible consequence of this will be a labour shortage, which means that it will be essential to strike a proper balance between the amount of time spent in work and the amount spent in retirement in old age. The balance is determined by the interaction between the aspiration of workers, employers' attitudes to older workers, as well as the productivity of the labour force. In this article, we examine the issue based on life-course theory and we argue that the compartmentalization of education, work and retirement must be broken by changes in social policy. We identify three groups of future older adults in the coming three decades: those who may be forced to retire early in their fifties, those who plan to retire in their sixties, and those who will continue to work until they can no longer work. The current situations of these groups are described, and social policies that are related to retirement pension scheme, age discrimination, life-long education, and flexible work arrangements are suggested to weaken the age structuring of education and employment institutions. Our ultimate objective is to create a societal environment in which older workers have a real option either to work or to retire in the coming decades. © Blackwell Publishing Ltd. 2005.
Persistent Identifierhttp://hdl.handle.net/10722/172101
ISSN
2015 Impact Factor: 1.069
2015 SCImago Journal Rankings: 0.787
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorChou, KLen_US
dc.contributor.authorChow, NWSen_US
dc.date.accessioned2012-10-30T06:20:08Z-
dc.date.available2012-10-30T06:20:08Z-
dc.date.issued2005en_US
dc.identifier.citationSocial Policy And Administration, 2005, v. 39 n. 3, p. 233-246en_US
dc.identifier.issn0144-5596en_US
dc.identifier.urihttp://hdl.handle.net/10722/172101-
dc.description.abstractOver the next thirty years, Hong Kong will have a rapidly ageing population. One possible consequence of this will be a labour shortage, which means that it will be essential to strike a proper balance between the amount of time spent in work and the amount spent in retirement in old age. The balance is determined by the interaction between the aspiration of workers, employers' attitudes to older workers, as well as the productivity of the labour force. In this article, we examine the issue based on life-course theory and we argue that the compartmentalization of education, work and retirement must be broken by changes in social policy. We identify three groups of future older adults in the coming three decades: those who may be forced to retire early in their fifties, those who plan to retire in their sixties, and those who will continue to work until they can no longer work. The current situations of these groups are described, and social policies that are related to retirement pension scheme, age discrimination, life-long education, and flexible work arrangements are suggested to weaken the age structuring of education and employment institutions. Our ultimate objective is to create a societal environment in which older workers have a real option either to work or to retire in the coming decades. © Blackwell Publishing Ltd. 2005.en_US
dc.languageengen_US
dc.publisherBlackwell Publishing Ltd. The Journal's web site is located at http://www.blackwellpublishing.com/journals/SPOLen_US
dc.relation.ispartofSocial Policy and Administrationen_US
dc.subjectHong Kongen_US
dc.subjectOlder Adultsen_US
dc.subjectRetirementen_US
dc.subjectWorken_US
dc.titleTo retire or not to retire: Is there an option for older workers in Hong Kong?en_US
dc.typeArticleen_US
dc.identifier.emailChou, KL: klchou@hku.hken_US
dc.identifier.emailChow, NWS: hrnwcws@hkucc.hku.hken_US
dc.identifier.authorityChou, KL=rp00583en_US
dc.identifier.authorityChow, NWS=rp00582en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.doi10.1111/j.1467-9515.2005.00437.xen_US
dc.identifier.scopuseid_2-s2.0-19844372072en_US
dc.identifier.hkuros101357-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-19844372072&selection=ref&src=s&origin=recordpageen_US
dc.identifier.volume39en_US
dc.identifier.issue3en_US
dc.identifier.spage233en_US
dc.identifier.epage246en_US
dc.identifier.isiWOS:000229081200002-
dc.publisher.placeUnited Kingdomen_US
dc.identifier.scopusauthoridChou, KL=7201905320en_US
dc.identifier.scopusauthoridChow, NWS=35857105900en_US
dc.identifier.citeulike199386-

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