Gender differences in retirement decision in Hong Kong

Document Type

Journal article

Source Publication

Journal of Women and Aging

Publication Date

1-1-2005

Volume

17

Issue

4

First Page

59

Last Page

76

Keywords

Elderly, Hong Kong, Retirement, Women

Abstract

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.

DOI

10.1300/J074v17n04_05

Print ISSN

08952841

Publisher Statement

Copyright © 2005 by The Haworth Press, Inc. All rights reserved. Access to external full text or publisher's version may require subscription.

Full-text Version

Publisher’s Version

Language

English

Recommended Citation

Lee, W. K. M. (2005). Gender differences in retirement decision in Hong Kong. Journal of Women and Aging, 17(4), 59-76. doi: 10.1300/J074v17n04_05

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