Gender differences in retirement decisions in Hong Kong.
The study of labor force participation at older ages and the process of retirement do not have a long tradition in Asia's newly developed societies. This study, based on telephone survey of 950 respondents, examines various socio-economic factors that would influence retirement decision among older workers in Hong Kong. The findings show that older men were more likely to participate in the labor force than older women. Interestingly, older workers, in particular older women, with pension were less likely to retire. Having a working spouse decreased the likelihood of retirement and older workers, in particular older women, living with married children were more likely to retire. Poor health also discourages the propensity to continue working at old age. These findings confirm that retirement entails much more than just a decision to stop work, and that there were gender differences in retirement decision. Finally, several policy challenges, with reference to elderly women, concerning older workers' labor force participation were discussed.
Lee
William Keng Mun
WK
Department of Politics and Sociology, Lingnan University, Tuen Mun, Hong Kong. Leew@LN.edu.hk
D017677:Age Distribution; D000368:Aged; D016001:Confidence Intervals; D003657:Decision Making; D004651:Employment / Q000706:statistics & numerical data*; D005260:Female; D006723:Hong Kong / Q000453:epidemiology; D006801:Humans; D007182:Income / Q000706:statistics & numerical data; D016015:Logistic Models; D008297:Male; D008875:Middle Aged; D016017:Odds Ratio; D012179:Retirement / Q000706:statistics & numerical data*; D017678:Sex Distribution; D012959:Socioeconomic Factors; D011795:Surveys and Questionnaires