Extending Working Lives: A Systematic Review of Motivations, Determinants, and Institutional Contexts
https://cris.maastrichtuniversity.nl/ws/files/307829408/ROA_TR_2026_2_Extending_Working_Lives.pdf
This review of 103 studies examines determinants of labor participation beyond #retirement age across diverse institutional contexts. Causal evidence indicates that pension reforms and tax incentives yield only modest impacts on extending working lives. Instead, employer practices and workplace flexibility act as primary determinants for feasible post-retirement employment. Findings reveal that financial necessity drives liberal systems, whereas intrinsic motives characterize social-democratic contexts. Success requires aligning macro-level policy with firm-level adaptations to support older workers.
…with generous references to
Working beyond retirement age in Germany: The employee’s perspective https://economicscience.net/publications/2011-les/
…individuals with lower income or wealth are more likely to continue working past the statutory retirement age
…financial security enables full labor market withdrawal
… functional capacity predicts the ability to continue working but not necessarily the intention to do so
… work motivation predicts willingness to remain employed beyond retirement age in Germany, partly through its positive association with self-reported work ability and openness to further education. Job rewards also increase willingness to continue working.
#activeaging #pensionreform #laborEconomics