By K. Hamblin
This ebook explores the adoption of 'active getting older' regulations via EU15 countries and the impression on older peoples' paintings and retirement coverage recommendations. rules tested comprise unemployment merits, energetic labour industry regulations, partial pension receipt, pension rules, early retirement and incentives for deferral.
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Extra resources for Active Ageing in the European Union: Policy Convergence and Divergence
Those with ‘nest eggs’ to leave for or offered a generous voluntary redundancy packages are in a better position than those who ﬁnd they are the ﬁrst to go when their employer makes job cuts. However it can also be the case that older unemployed people “once their ‘golden handshakes’ have been exhausted, experience many years of poverty, with no chance of re-entering the labour market, except in the most menial of jobs” (Phillipson, 1982: 3). Older people relying on the state for income, Hunt (2005: 55) argues, “become, in essence, second class citizens.
In the context of early exit and extended retirement, “the ‘third age’ is linked today with increasing uncertainty, both concerning the degree to which old age will remain socially and ﬁnancially secure, and whether people have a chance to succeed in living an old age which is meaningful” (Evers and Wolf, 1999: 42). Employment is important in Hunt’s account as the ﬁnancial rewards of paid work provide life chances and mark the ascension into adult life. It provides an important facet of individuals’ identities and “our sense of self-esteem and personal well-being is wrapped up in the work that we undertake” (Hunt, 2005: 147).
Providing ﬂexibility in retirement – “Eroding the cliff-edge between working and retirement (which has had negative impacts for generations of workers) is an important element of increasing employment rates for older workers” (European Commission, 2006: 36); – part-time work/reduction of working hours. Source: Based on recommendations in 2006 EC report Adequate and Sustainable Pensions. 1 They were also member states when the Lisbon strategy was implemented, including its goal of 70% employment as well as the Stockholm and Barcelona targets which relate speciﬁcally to older individuals.
Active Ageing in the European Union: Policy Convergence and Divergence by K. Hamblin