title: Employment Trajectories Beyond Retirement.
abstract: Within the political and academic debate on working longer, post-retirement employment is discussed as an alternative to maintain older workers in the labor market. Our article enhances this discussion by studying determinants of transitions into post-retirement jobs within differing work environments of birth cohorts 1940-1942. We estimate proportional subhazard models accounting for competing risks using unique German social security data linked to pension accounts. Our findings suggest that individuals' preferences to take up post-retirement jobs are not mutually exclusive. Our study provides evidence that taking up post-retirement jobs is related to seeking financial security, continuity, and work ability, suggesting that public policy has to develop target-oriented support through a public policy mix of different measures aligned to the different peer groups in the labor market.
authors.affiliation: a Senior Research Scientist, Institute for Employment Research Hesse , Frankfurt , Germany.
authors.forename: Carola
authors.initials: C
authors.lastname: Burkert
authors.affiliation: b Senior Research Scientist and Research Assistant Professor, Center of Urban Science and Progress , New York University , Brooklyn , New York , USA.
authors.forename: Daniela
authors.initials: D
authors.lastname: Hochfellner
mesh_terms: D004651:Employment / Q000191:economics*; D005858:Germany; D006801:Humans; D010415:Pensions; D011640:Public Policy; D012179:Retirement / Q000639:trends*; D062707:Return to Work / Q000191:economics*; D012943:Social Security / Q000191:economics; D012959:Socioeconomic Factors
keywords: Post-retirement employment; retirement transitions; survival analysis; working longer