• Journal of Labour Economics
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• v.37 no.3
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• pp.101-122
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• 2014

This paper empirically estimates the decision of aged workers related to the retirement decision. Using the supplemental survey for aged people of the Korean panel data set, the paper analyses the correlation between the retirement decision of middle-aged people (aged 50 years or older) and personal characteristics and job characteristics of main jobs that aged people had worked, particularly focusing on the mandatory job retirement regulation and its regulation of retirement ages. The empirical results show that the regulated retirement age is more important than the existence of mandatory retirement system in related to the workers' retirement decision.

• Korea journal of population studies
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• v.35 no.2
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• pp.133-157
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• 2012

This study analyzed plans for retirement by focusing on preferred retirement timing(PRT) measure. Current pension program show rather strong guideline about the timing of full-retirement. This study asked whether the middle age group are willing to retire correspond to the policy guidelines or not. Research sample came from 2008 KLOSA data, recruiting 1,367 workers who are residing in cities or in metropolitan area (women: 34.8%). I have analyzed one item question asking "In what age do you want to fully retire?", The results showed that, about two third of respondents declared they do not want to retire unless they have health problems, or would expect to retire no earlier than age 70. However, a third of respondents expected normal retirement coming between 60~64. Second, the determinants of timing for retirement were differ by PRT. Social determinants, such as gender, short work hours, being employed, and higher status in family income were associated with early PRT. While, good health status, positive view on the future economics were highly associated with late PRT. The results reveal that the timing of retirement is getting more diverse and obscure in the individual level.

• Journal of Labour Economics
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• v.24 no.1
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• pp.177-205
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• 2001

This study investigates a long-tenn effect of labor career during middle life on the retirement process and income status later in life course. Two waves of KLIPS (Korean Labor Longitudinal Panel Survey) data sets collected in 1998 and 1999, are employed, which include detailed information on economic activities among those aged 15 and over. Results show that temporary, contracted workers during middle life not only have higher risk of job loss and poverty than those in permanent work status but also they are more likely to experience a stressful retirement process later in life course.

• Proceedings of the Korea Contents Association Conference
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• 2017.05a
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• pp.375-376
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• 2017

본 연구는 은퇴 후 신체적 건강이 시간이 지남에 따라 어떤 변화양상을 나타내는지, 은퇴 후 신체적 건강에 영향을 주는 것으로 알려진 은퇴 특성(은퇴시점, 은퇴자발성 여부) 변인이 은퇴 후 신체적 건강의 궤적에 어떠한 영향을 미치는지를 분석하고자 하는 목적으로 실시되었다. 분석 자료는 국민노후보장패널 3차시(2009년), 4차시(2011년), 5차시(2013년) 종단자료이며, 2,857명을 대상으로 잠재성장모형 분석을 실시하였다. 연구결과, 첫째, 중 고령은퇴자의 신체적 건강은 시간의 흐름의 변화를 알아보기 위해 무조건부 모형을 통해 확인한 결과, 중 고령은퇴자들은 시간이 지남에 따라 더 높은 수준의 ADL 값을 갖는 것으로 나타났다. 둘째, 중 고령은퇴자의 신체적 건강변화와 관련이 있는 은퇴특성은 무엇인지 조건부 모형을 통해 알아본 결과, 은퇴 특성 변수로는 조기은퇴자일 때, 은퇴가 비자발적일 때, 건강상 이유로 은퇴했을 때 더 높은 ADL 초기값을 보였다. 또한 변화궤적 영향요인을 살펴본 결과, 은퇴특성에서는 어떤 변수도 유의성을 보이지 않았고, 인구사회학적 변수 중에서는 연령이 높을수록, 소득이 높을수록 ADL의 증가속도가 더욱 가파른 것으로 나타났다.

• Korean Journal of Social Welfare
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• v.66 no.1
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• pp.61-85
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• 2014

Lately, as the problem of the aged poverty becomes a big social issue, this paper studies the problem of financial stability with respect to the income and consumption of before-and-after retirement generations. After dividing the data in Korean Longitudinal Study of Ageing(KLoSA) into retired and non-retired groups, this study compares the difference among ageing groups by cross analysis and t-test. First, the result tells that the total personal income of retired group is lower than the one of non-retired group. Second, the public pension income benefit ratio of retired group is only 30% of it's total income, and the amount of public pension appears to be 40% of the total pension income. The benefit ratio of the personal pension income is low as about 1% in both groups, The private transfer income of the retired group takes relatively large portion in its total personal income. Third, as people gets older, financial stability gets worse because consumption does not decrease as much as the income decreases. Fourth, it is turned out that the expectation of old life supporting from nation is low in both groups. Fifth, the factors that affects the income of the public pension in the retired group are gender, age, education, and health status, when compared with the factors to the personal total income of the non-retired group. In terms of policy, this paper emphasizes the needs of the intensification of the public pension and the support for the revitalization of the personal pension.

• Korean Journal of Clinical Laboratory Science
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• v.49 no.2
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• pp.171-179
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• 2017

This study investigated the influence factors of retirement expectations among medical technologists at medical centers in Seoul and Gyeonggi area, Korea. Subjects were 158 medical technologists. Using a sampling survey method, data was analyzed between July 2015 and December 2016. There was a negative correlation between educational level and economic preparation, but gender and monthly income did not reach retirement expectation level. Conversely, we found no change in the trends with respect to gender, monthly income; nonetheless, we observed that frustration gradually increased with age and working duration. In conclusion, our findings show that there are four factors that significantly influence retirement expectation and preparation: age, level of education, working duration, and family condition. This study contributes to understanding retirement expectations and can be a reference for retirement preparation in medical technologists.

• The Journal of the Korea Contents Association
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• v.19 no.11
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• pp.22-32
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• 2019

The purpose of this study was to derive association between company's fringe benefits and retirement planning. The study analyzed the 2016 Korean Longitudinal Study of Ageing(KLoSA) and a total of 1,740 participants was included. To analyze the relationship between the number of the company's employee fringe benefit and the retirement planning, multiple logistic regression was conducted. As a result, we found multiple variables affecting the retirement planning including not only the number of the fringe benefits, but also the age, marital status, residence, private health insurance status, and subjective health status. Successful retirement planning for wage workers benefits not only the individuals or government, but companies also gain benefits such as improved productivity of workers and a better corporate image, so further research is needed on the effective implementation of the system, and the role of government to support this.

• Journal of Convergence for Information Technology
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• v.11 no.3
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• pp.205-211
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• 2021

This study utilizes PhotoVoice, a qualitative research method, to explore the life experiences of retirees by age in depth and derive the social welfare implications required for successful aging of retirees. Two participants in the study were selected in their 70s, 60s, and 50s, and 24 photos, explanations, 44 stories, and 92 data collected through group activities and personal interviews were analyzed. With the perception of successful aging, those in their 70s were "Preparing for a High Level of Social Responsibility and Dignity," those in their 60s were "Life of Social Responsibility and Service with Embarrassment and Boeun," and those in their 50s were "Life of Self-reliance with Economic Stability and Consideration." In order to prevent social problems for retirees with longer old age, research and social welfare policy support for their social jobs and volunteer positions are urgently needed, and the sooner the preparatory education is implemented so that they can prepare enough. This study is significant in that it played an important role in presenting basic data for the preparation of social welfare alternatives for retirees.

• The Journal of the Korea Contents Association
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• v.16 no.9
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• pp.66-77
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• 2016

This research defined causal relationships among the perception of retirement and senior life(PRSL), retirement preparation actions(RPA), and retirement satisfaction level(RSL) to know the expectation about retired life according to the differences of retirement related factors, PRSL, and RPA. For this, From November 2015 to February 2016, I researched from 20 to 69, 1,500 currently working adults in the country, mailing surveys with the letter introducing this research's purpose and procedure and having them send them back, or researcher's spreading and collecting the surveys, eliminating 83 cases of negligent answers, finally analyzing 1,417 surveys. The result shows age, monthly income, and residing at their own places made more positive PRSL, RPA, financial retirement preparation level(FRPL), and expectancy about satisfactory retirement life. When they had less children, PRSL and RSL were higher. When they had more children, RPA was more proactive, and FRPL was higher. When they had positive PRSL, RPA was more proactive, and expectancy about retired life was higher. This research is significant in defining differences of retirement related factors and causal relationships among PRSL, RPA, and RSL.

• 한국노년학
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• v.27 no.2
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• pp.393-408
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• 2007

This study examines the impact of retirement on psychological well-being of the elderly and identifies whether associative factors of psychological well-being differ between retired and non-retired persons. Psychological well-being is measured by the PGCMS developed by Lawton. The sample includes 1,625 older adults aged 60 and over, which derived from the cross-sectional data of the "Aging and the Quality of Life of the Elderly in Korea: A Longitudinal Study" living in Seoul and Chuncheon in 2003. Multivariate OLS regression results show that retirement is not associated with psychological well-being after controlling socio-demographic characteristics, economic status, health status, family and social relations, participation in social activities, and satisfaction with hobbies and learning needs. Also, associative factors of psychological well-being differ between retired and non-retired persons. For retired persons, greater social activities and higher satisfaction with hobbies are associated with the higher level of psychological well-being whereas higher satisfaction with learning needs has a positive relationship with the higher level of psychological well-being for non-retired persons. Discussion and implications of the findings are presented, and limitations of this study are acknowledged.