Search results for "Retirement"
showing 10 items of 96 documents
Fitter, healthier and stronger? Many factors influence elite athletes' long-term health.
2020
It is now incontrovertible that properly tailored exercise therapy increases physical fitness, reduces depression, lowers cardiometabolic risk factors, reduces pain and improves health-related quality of life in chronically ill patients. Former elite athletes usually exercise more than population controls during their later life. Participating in elite endurance-type sports—an indicator of exceptionally high aerobic fitness—is associated with low risk of premature death, at least before the use of doping became common.1 2 Athlete mortality statistics are often compared with data from the general population. Finnish male former elite athletes outlived matched controls who were healthy at the…
Multisite musculoskeletal pain trajectories from midlife to old age : a 28-year follow-up of municipal employees
2018
ObjectivesWe studied the developmental trajectories of multisite musculoskeletal pain (MSP) to learn whether pain in midlife persists to old age, and whether pain trajectories associate with midlife work or lifestyle exposures or retirement from work.MethodsMunicipal employees aged 44–58 years were studied in 1981 (n=6257) with follow-ups in 1985, 1992, 1997 and 2009. Pain in the neck, low back, and upper and lower limbs was assessed in each survey. Trajectories of the number (0–4) of pain sites were defined using growth mixture modelling (n=3093). Workload, lifestyle and morbidity were elicited by questionnaire and retirement from registries. Associations of baseline factors with pain traj…
What can gender tell us about the pre-retirement experiences of elite distance runners in Finland?: A thematic narrative analysis
2016
Objectives This study explores gendered experiences of the mastery stage in endurance runners' athletic careers in terms of (a) key themes in this period of life, (b) retirement decision-making and (c) changes in athletic and runner identities. Design and method Ten male and nine female athletes aged between 25 and 62 participated in individual interviews. The data were analyzed via thematic narrative analysis. Results and conclusion Gendered meanings permeate career decision-making and retirement patterns of Finnish runners. Female athletes reported many difficulties, including health problems, loneliness, societal pressure and lack of social support during the final years of their careers…
Demand for life annuities from married couples with a bequest motive
2006
The aim of this paper is to explain the ‘annuities puzzle’ in greater depth by introducing the bequest motive. It will try to determine whether this motive really is a relevant feature influencing the demand for life annuities from married couples. With this aim in mind, we develop an optimization model of the utility provided by purchasing a life annuity with contingent survivor benefit or a joint survivor life annuity. Our model is based on that first put forward by Brown and Poterba (2000), to which we have added elements from other models, such as Friedman and Warshawsky's (1990) and Vidal and Lejárraga's (2004), which include the bequest motive. This will enable us to calculate the ann…
The extended late career phase – examining senior nursing professionals
2021
PurposeBy relying on a sustainable career perspective and recent studies on senior employees’ late career phase, this study aims to examine senior (50+) nurses’ late career narratives in the context of extending retirement age. Given the current global nursing shortage, there is a pressing need to find ways on how to promote longer and sustainable careers in the health-care field. Yet, there is limited knowledge about the extended late career phase of senior nurses.Design/methodology/approachEmpirical data were derived from 22 interviews collected among senior (50+) nursing professionals working in a Finnish university hospital. The qualitative interview data were analysed using a narrative…
Investigating the links between resilience, perceived HRM practices, and retirement intentions
2019
Purpose Human resource management (HRM) scholars’ interest in older employees’ resilience has only recently started to emerge. Little is known about how resilience and perceived HRM are linked to different retirement intentions. Drawing on the conservation of resources and social exchange theories, the purpose of this paper is to investigate the links between perceived HRM practices, resilience and retirement intentions. Additionally, the paper examines the possible mediating role of resilience in the relationship between perceived HRM practices and retirement intentions. Design/methodology/approach In 2016, a cross-sectional study was conducted among older (50+) nursing professionals work…
“Once an entrepreneur, always an entrepreneur” : positioning analysis of written narratives
2021
PurposeThe negative stereotypes concerning late-career workers are found to prevail and lead to negative circulation of narratives and actions between individuals and societies. Using the context of late-career entrepreneurs, the paper aims to find an alternative and a more positive narrative concerning late-career work by focusing on entrepreneurs and the narrative positioning related to them.Design/methodology/approachThe authors used a narrative-positioning analysis, cycling through three levels of analysis and then returning to level two, in order to study our sample of seven narratives written by Finnish late-career entrepreneurs. The authors present in detail one story-telling narrati…
Notional defined contribution pension schemes: Why does only Sweden distribute the survivor dividend?
2015
The aim of this paper is to analyse the role of the survivor dividend in notional defined contribution (NDC) pension schemes. At present, this feature can only be found in the Swedish defined contribution scheme. We develop a model that endorses the idea that the survivor dividend has a strong basis for enabling the NDC scheme to achieve financial equilibrium and that not including the dividend is a non-transparent way of compensating for increases in longevity and/or legacy costs from old pension systems. We also find that the average effect of the dividend remains unchanged for any constant annual rate of population growth, that contribu-tors who reach retirement age always get a higher r…
Should a Survivorship Dividend Be Included in Notional Defined Contribution Accounts (NDCs)?
2013
The aim of this paper is to analyse the role of the survivor dividend in notional defined contribution (NDC) pension schemes. With this aim in mind, we first extend the model developed by Boado-Penas & Vidal-Melia (2014) by allowing for changes in the growth of the active population. We then compute the effect of the survivor dividend on the relationship between the individual’s internal rate of return for contributors who reach retirement age and the system’s internal rate of return. Finally we develop the main entries to include on the system's actuarial balance sheet. The model endorses the idea that the survivor dividend has a strong basis for enabling the NDC scheme to achieve financia…
The Public Pension Systems and the Economic Crisis
2020
Concern about the long-term sustainability of European public pension systems has been a permanent feature for decades due to the unstoppable ageing of the population, but demographic change is not the only factor of concern. A deep economic and financial crisis has been added to this structural problem, whose impact on economic growth and job creation has further aggravated the situation. The combination of these two challenges has created a “perfect storm”, which is forcing most European countries to introduce far-reaching reforms in their pension systems with the aim of ensuring their sustainability. This chapter analyses the main measures that the different EU-28 countries have addresse…