HLTHAGE 1BB3 Lecture : H&A - March 12th, 2012.docx

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Identity, meaning, social status, role, satisfaction, source of income. Retirement principle: the idea that at a fixed age, regardless of mental or physical ability, a person leaves work. Retirement wage: a person paid by the state to support all older workers (not in labor force) Citizen"s wage: a share of the social product over and above any claims they may have possessed in their capacity as wage earners. Pension availability at age 65 eligibility for government income programs begins at 65 (oas, gis) Poor health is an involuntary push into early retirement. In 2002, only 10. 5% of men and 3. 7% of women over 65 continued to work. Dramatic decline from 74% to 58% for men aged 55-64. Personal factors: poor health, good retirement income, less attachment to work (lower occupational status), spouse retired. Married women are more likely to retire early than unmarried women. Her own employment income/age/pension benefits/social security entitlements. Those who work past 65 tend to be:

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