Phased Retirement for Older Workers in Taiwan
Working part-time has become a popular option during transition from a full-time career job to full retirement among older workers all over the world. Five waves of The Survey of Health and Living Status of the Elderly in Taiwan, from 1989 to 2003, are used to study older workers’ part-time work behaviors. The data confirm that more than 20% of full-time older workers with at least 10 years of job tenure do not fully retire from their career jobs. Moreover, there exists a significant proportion of older workers who stay with their career jobs and work part-time. We found that due to pension regulations, public sector employees are less likely to stay with their long-term employers and use phased retirement options. Copyright Springer Science+Business Media, LLC 2012
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