Financial need, enjoyment of work, or the need for social contact – retirees who pursue paid work do so for a variety of reasons

Abstract

"Over the past decades, the share of retirees in paid work, either as employees or as self-employed, has substantially increased. The present study explores the role of monetary and non-monetary motivations for paid work at retirement age. To this end, we compare the financial situation of working and non-working retirees in terms of the available household income and pension benefits. Moreover, we examine the importance of monetary and non-monetary individual motives for pursuing paid work in retirement. Finally, for non-working pensioners who do not intend to take up a job, we analyse the reasons why they are unwilling to do so." (Author's abstract, IAB-Doku) ((en))

Cite article

Romeu Gordo, L., Gundert, S., Engstler, H., Vogel, C. & Simonson, J. (2022): Rentnerinnen und Rentner am Arbeitsmarkt: Erwerbsarbeit im Ruhestand hat vielfältige Gründe - nicht nur finanzielle. (IAB-Kurzbericht 08/2022), Nürnberg, 12 p. DOI:10.48720/IAB.KB.2208