Hostname: page-component-586b7cd67f-rdxmf Total loading time: 0 Render date: 2024-11-22T18:51:29.828Z Has data issue: false hasContentIssue false

Is adjustment to retirement an individual responsibility? Socio-contextual conditions and options available to retired persons: the Korean perspective

Published online by Cambridge University Press:  17 March 2011

YUNJEONG YANG*
Affiliation:
Graduate School of Social Welfare, Ewha Womans University, Seoul, Korea.
*
Address for correspondence: Yunjeong Yang,Graduate School of Social Welfare, Ewha Womans University, 11-1 Daehyun-dong, Seodaemun-go, Seoul 120-750, Korea. E-mail: [email protected]

Abstract

Although the socio-economic and structural contexts of retirement have been the subject of previous research, few studies state explicitly how societal ageism and structural constraints obstruct retired persons' choices or options available in post-retirement life. This study attempts to contribute to the literature of ageing, retirement, and wellbeing in later life in general, by providing real examples of ageism around the time of retirement as structural constraints of old persons. It also illustrates how they consequently reduce the choices of retired persons, and in turn affect their later life. The study draws on data from interviews with 34 retirees aged in their late fifties and sixties in Korea. Within the socio-economic context of ageism around the time of retirement, four options/strategies appear to be available; namely reconciling, complaining and not knowing what to do, finding roles in other activities, and disengaging. Older persons' decisions to continue to work after retirement are often reconciling ones, that is, taken within a context of limited choice and control. Permanent leavers' decisions not to work are also influenced by the limited quality of work available in the labour market. The study concludes by arguing that policies for older persons should take into consideration their diverse expectations and aspirations for their later life, but, at the same time, should remain aware of their constraints within socio-economic contexts.

Type
Articles
Copyright
Copyright © Cambridge University Press 2011

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Amsden, A. H. 1992. Asia's Next Giant: South Korea and Late Industrialization. Oxford University Press, New York.CrossRefGoogle Scholar
Arrowsmith, J. and McGoldrick, A. 1996. Breaking the Barriers: A Survey of Managers' Attitudes to Age and Employment. Institute of Management, London.Google Scholar
Baek, E. 2009. Determinants of retirement satisfaction of retirees. Journal of Welfare for the Aged, 44, 345–72. (In Korean)Google Scholar
Barnes, H., Parry, J. and Lakey, J. 2002. Forging a New Future: The Experiences and Expectations of People Leaving Paid Work Over 50. The Policy Press, Bristol, UK.Google Scholar
Barnes, H., Parry, J. and Taylor, R. 2004. Working After State Pension Age: Qualitative Research. Corporate Document Services; Department for Work and Pensions Research Report No. 208, Leeds, UK.Google Scholar
Berger, E. D. 2006. ‘Aging’ identities: degradation and negotiation in the search for employment. Journal of Aging Studies, 20, 303–16.CrossRefGoogle Scholar
Casey, B. 1998. Incentives and Disincentives to Early and Late Retirement. OECD, Paris.Google Scholar
Chang, H. 1993. The political economy of industrial policy in Korea. Cambridge Journal of Economics, 17, 2, 131–57.CrossRefGoogle Scholar
Chang, J. 2003. Career transitions of older workers: part-time work and self-employment as an alternative retirement process. Korean Journal of Sociology, 37, 2, 95121. (In Korean)Google Scholar
Chang, J. and Yang, S. 2007. Non-standard employment in a social exclusion perspective. Quarterly Journal of Labor Policy, 7, 1, 122. (In Korean)Google Scholar
Cumings, B. 1984. The origins and development of the Northeast Asian political economy: industrial sectors, product cycles, and political consequences. International Organization, 38, 1, 140.CrossRefGoogle Scholar
Elder, H. W. and Rudolph, P. M. 1999. Does retirement planning affect the level of retirement satisfaction? Financial Services Review, 8, 117–27.CrossRefGoogle Scholar
Elwell, F. and Mathie, C. 1982. The impact of the loss upon coping resources and life satisfaction of the elderly. Journal of Gerontology, 36, 2, 223–32.CrossRefGoogle Scholar
Estes, C. L. 2001. Political economy of aging: a theoretical framework. In Estes, C. L. and Associates (eds), Social Policy and Aging: A Critical Perspective. Sage, Thousand Oaks, California, 122.Google Scholar
Estes, C. L. and Mahakian, J. L. 2001. The political economy of productive aging. In Morrow-Howell, N., Hinterlong, J. and Sherraden, M. (eds), Productive Aging: Concepts and Challenges. The Johns Hopkins University Press, Baltimore, Maryland, 197213.Google Scholar
Gillion, C., Turner, J., Bailey, C. and Latulippe, D. 2000. Social Security Pensions: Development and Reform. ILO, Geneva.Google Scholar
Guillemard, A. M. and van Gunsteren, H. 1991. Pathways and their prospects: a comparative interpretation of the meaning of early exit. In Kohli, M., Rein, M., Guillemard, A. M. and van Gunsteren, H. (eds), Time for Retirement: Comparative Studies of Early Exit from the Labour Force. Cambridge University Press, Cambridge, 362–88.Google Scholar
Gustman, A. L. and Steinmeier, T. L. 1984. Partial retirement and the analysis of retirement behavior. Industrial and Labor Relations Review, 37, 3, 403–16.CrossRefGoogle Scholar
Haggard, S. 1990. Pathways from the Periphery: The Politics of Growth in the Newly Industrializing Countries. Cornell University Press, Ithaca, New York.Google Scholar
Han, H. and Kang, E. 2001. Changes in life conditions after retirement. The Journal of Korean Psychiatric and Mental Health Nursing Academic Society, 10, 2, 203–19. (In Korean)Google Scholar
Havinghurst, R. J. 1961. Successful aging. The Gerontologist, 1, 1, 8–13.CrossRefGoogle Scholar
Havinghurst, R. J. 1968. Personality and patterns of aging. The Gerontologist, 1, 1(Part 2), 20–3.CrossRefGoogle Scholar
Hirsch, D. 2003. Crossroads After 50: Improving Choices in Work and Retirement. The Policy Press, York, UK.Google Scholar
Kang, J. 2008. Grounded theory approach on the adaptation process related to retirement. Journal of the Korean Gerontological Society, 28, 3, 477–96. (In Korean)Google Scholar
Kim, I., Kim, D., Mo, S., Park, K., Won, Y., Lee, Y. and Jo, S. 1999. The Life of Old Koreans: Current State and Prospects. Future Human Resources Research Centre, Seoul. (In Korean)Google Scholar
Kim, M., Lee, H. and Seo, M. 2008. The phenomenological study on the job seeking experience of Korean elderly male retirees who succeeded in reemployment. Journal of the Korean Gerontological Society, 28, 1, 123–42. (In Korean)Google Scholar
Kim, N., Kim, S. and Jeong, E. 2007. A study of the experience and life process of retired elderly men using the grounded theory method. Korean Journal of Family Social Work, 21, 253–88. (In Korean)Google Scholar
Kohli, M. 1992. Labor market perspectives and activity patterns of the elderly in an ageing society. In van den Heuvel, W. J. A., Illsley, R., Jamieson, A. and Knipscheer, C. P. M. (eds), Opportunities and Challenges in an Ageing Society. Royal Netherlands Academy of Arts and Sciences, Amsterdam, 90–105.Google Scholar
Kuypers, J. A. and Bengtson, V. L. 1973. Social breakdown and competence: a model of normal aging. Human Development, 16, 3, 181201.CrossRefGoogle Scholar
Lee, H. 2002. Early retirement and career ending patterns: centring on the US older men. Korean Journal of Social Welfare, 52, 3361. (In Korean)Google Scholar
Lemon, B. W., Bengtson, V. L. and Peterson, J. A. 1972. An exploration of the activity theory of aging: activity types and life satisfaction among in-movers to a retirement community. Journal of Gerontology, 27, 4, 511–23.CrossRefGoogle ScholarPubMed
Loretto, W. and White, P. 2006. Work, more work and retirement: older workers' perspectives. Social Policy and Society, 5, 4, 495506.CrossRefGoogle Scholar
Minichiello, V., Browne, J. and Kendig, H. 2000. Perceptions and consequences of ageism: views of older people. Ageing & Society, 20, 3, 253–78.CrossRefGoogle Scholar
Nuttman-Shwartz, O. 2004. Like a high wave: adjustment to retirement. The Gerontologist, 44, 2, 229–36.CrossRefGoogle Scholar
Nuttman-Shwartz, O. 2007. Is there life without work? International Journal of Aging and Human Development, 64, 2, 129–47.CrossRefGoogle ScholarPubMed
Park, K. 2000. Age-discriminating structure of the labour market and working life of older people. Korean Labor Economic Association Dissertation 23, 3, 241–63. (In Korean)Google Scholar
Park, K. 2001. The future of inequality in old age. Korean Journal of Sociology, 35, 6, 141–68. (In Korean)Google Scholar
Park, K. 2003. Separation process of older people aged 55 or more from the labour market: retirement or non-employment. In The 4th KLIPS Symposium, 637–69. (Korea Labor Institute, Seoul. (In Korean)Google Scholar
Park, M. 2004. A study on good use of leisure among the retired elderly in Korea. Journal of the Korean Home Economics Association, 42, 12, 107–22. (In Korean)Google Scholar
Phang, H., Shin, D., Kim, D. and Shin, H. 2004. Population Ageing and the Labour Market. Korea Labor Institute, Seoul. (In Korean)Google Scholar
Phillipson, C. 1982. Capitalism and the Construction of Old Age. Macmillan, London.CrossRefGoogle Scholar
Phillipson, C. 2004. Older workers and retirement: critical perspectives on the research literature and policy implications. Social Policy and Society, 3, 2, 189–95.CrossRefGoogle Scholar
Phillipson, C. and Smith, A. 2005. Extending Working Life: A Review of the Research Literature. Department for Work and Pensions, London.Google Scholar
Platman, K. 2004. Flexible employment in later life: public policy panaceas in the search for mechanisms to extend working lives. Social Policy and Society, 3, 2, 181–8.CrossRefGoogle Scholar
Quinn, J. F. 1999. Retirement Patterns and Bridge Jobs in the 1990s. EBRI Issue Brief No. 206, Employee Benefit Research Institute, Washington, D.C.Google ScholarPubMed
Quinn, J. F. and Burkhauser, R. V. 1990. Work and retirement. In Binstock, R. H. and George, L. K. (eds), Handbook of Aging and the Social Sciences. Third edition, Academic Press, London, 308–27.Google Scholar
Rhee, K. and Lee, J. 2005 a. A critical study of the strategies of the employment policies for older people. Journal of the Korean Gerontological Society, 25, 2, 171–93. (In Korean)Google Scholar
Rhee, K. and Lee, J. 2005 b. A study of the adaptation process of younger old men and the perspective after their retirement. Korean Journal of Social Welfare, 57, 1, 93120. (In Korean)Google Scholar
Riach, K. 2006. Older workers: learning from three international experiences. Social Policy and Society, 5, 4, 551–63.CrossRefGoogle Scholar
Riley, M. W. and Riley, J. W. 2000. Age integration: conceptual and historical background. The Gerontologist, 40, 3, 266–70.CrossRefGoogle ScholarPubMed
Ross, C. E. and Drentea, P. 1998. Consequences of retirement activities for distress and the sense of personal control. Journal of Health and Social Behavior, 39, 4, 317–34.CrossRefGoogle ScholarPubMed
Ruhm, C. J. 1990. Bridge jobs and partial retirement. Journal of Labor Economics, 8, 4, 482501.CrossRefGoogle Scholar
Ruth, J. E. and Coleman, P. 1996. Personality and aging: coping and management of the self in later life. In Birren, J. E. and Schaie, K. W. (eds), Handbook of the Psychology of Aging. Fourth edition, Academic Press, San Diego, 308–22.Google Scholar
Shin, D. 2009. Gradual retirement in Korea. Quarterly Journal of Labor Policy, 9, 2, 141. (In Korean)Google Scholar
Silverman, D. 2005. Doing Qualitative Research: A Practical Handbook. Sage, London.Google Scholar
Song, I. 2008. The meaning of re-employment process in the social jobs for the retired male aged in Korea. Journal of the Korean Gerontological Society, 28, 3, 497514. (In Korean)Google Scholar
Standing, G. 1986. Labour flexibility and older workers marginalisation: the need for a new strategy. International Labour Review 125, 3, 329–48.Google Scholar
Taylor, P. 2004. A ‘New Deal’ for older workers in the United Kingdom? In Maltby, T., de Vroom, B., Mirabile, M. L. and Øverbye, E. (eds), Ageing and the Transition to Retirement: A Comparative Analysis of European Welfare States. Ashgate, Aldershot, UK, 186204.Google Scholar
Taylor, P. and Walker, A. 1996. Intergenerational relations in the labour market: the attitudes of employers and older workers. In Walker, A. (ed.), The New Generational Contract. UCL Press, London, 159–86.Google Scholar
Uhlenberg, P. and Riley, M. W. 2000. Essays on age integration. The Gerontologist, 40, 3, 261308.CrossRefGoogle Scholar
van Solinge, H. and Henkens, K. 2005. Couples' adjustment to retirement: a multi-actor panel study. Journal of Gerontology, 60B, 1, S11–20.CrossRefGoogle Scholar
Vickerstaff, S. 2006. Entering the retirement zone: how much choice do individuals have? Social Policy and Society, 5, 4, 507–17.CrossRefGoogle Scholar
Vobruba, G. 1999. The end of the full employment society: changing the basis of inclusion and exclusion. In Littlewood, P., Glorieux, I., Herkommer, S. and Jonsson, I. (eds), Social Exclusion in Europe: Problems and Paradigms. Ashgate, Aldershot, UK, 2346.Google Scholar
Warr, P. 1994. Age and job performance. In Snel, J. and Cremer, R. (eds), Work and Aging: A European Perspective. Taylor and Francis, London, 309–22.Google Scholar
Yang, Y. 2010. Work in later life: examining the impact of post-retirement work on economic wellbeing and social inclusion in Korea. Unpublished PhD thesis, University of Oxford, Oxford.Google Scholar
Youn, H. and Kim, S. 2007. Aged employment policies of local governments: a comparative study of Seoul and Tokyo. Journal of the Korean Association for Policy Sciences, 11, 4, 123. (In Korean)Google Scholar
Yoon, H. and Lee, M. 2006. Gender, residential areas, retirement transitions and psychological wellbeing of the elderly. Korean Journal of Social Welfare, 58, 4, 197217. (In Korean)Google Scholar
Yoon, H. and Lee, M. 2007. The impact of retirement on psychological well-being of the elderly. Journal of the Korean Gerontological Society, 27, 2, 393408. (In Korean)Google Scholar