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This paper investigates the changes in costs and employment at establishment level since 2013 when the mandatory retirement age was raised to 60. A simple difference in difference estimation suggests that labor costs have increased, employment has decreased in large firms and new hire has decreased among smaller firms. Salary-peak system was found to have mitigated the upward pressure on labor costs among small firms but no discernible effects were found for employment or new hire. [ABSTRACT FROM AUTHOR]

This paper studies the effect of an increase in the work horizon of middle aged workers on the school-work transition of their offsprings aged 15–29 years. I exploit the variation in the parental work horizon induced by the 2012 Fornero reform in Italy that abruptly changed the age and years of social security contribution requirements for pension eligibility. Utilising a difference-in-difference strategy in a multi-valued treatment setting, the study shows that the reform-induced increase in the work horizon of mothers caused an increase in the probability of their offsprings seeking their first job and a decrease in these offsprings' probability of being a student. This effect is higher among offsprings who are male, those aged 15–21, those with mothers without a University degree and those in southern Italy. Fathers did not significantly affect the student status or any labour market outcomes of their offsprings. Mechanisms behind these findings include the longer reform-induced work horizon for mothers vs. fathers, and the consequent positive effect on mothers' lifetime earnings. [ABSTRACT FROM AUTHOR]

We analyze individual annuitization decisions at retirement in an environment with mandatory participation in a funded pension pillar and low average annuity price. Using administrative data from a large Swiss insurance company over the period 2011–2015, we document that, even in this favorable environment, only 42.7% of the retirees fully annuitize, against 45% taking full lump sum. We show that individual annuitization decisions strongly respond to financial incentives, measured by the Money Worth Ratio, and to the tax rates on annuity and lump‐sum payments. Lump‐sum payments are more common among French‐ and Italian‐speaking individuals. Using Survey of Health, Ageing and Retirement in Europe data, we show that French‐ and Italian‐speaking Swiss are more likely to leave inheritance—thus suggesting that preferences for bequests may affect annuitization decisions. Finally, we provide evidence of asymmetric information, using the unused observable test, to show that individuals living in high mortality municipalities are less likely to annuitize and more likely to cash out their pension wealth. [ABSTRACT FROM AUTHOR]

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Firefighters in such serious environments (i.e., hazardous flames and radiant heat, high air temperatures, hot chemicals and liquids) must wear fire protective clothing during fire extinguishing and rescue operations. Many studies in the field of fire protective clothing have been conducted to evaluate the protective, mechanical and comfort performance of fire protective clothing. A comprehensive review of the literature has been undertaken to provide a better understanding of single-layer and multilayer fire protective clothing with protective, mechanical and comfort performance. Factors affecting the durability of protective clothing in the light of their expected retirement age and a number of significant standards for laboratory and manikin testing are discussed. The comfort of wearing clothing is another aspect that needs special consideration when designing a multilayered fire protective suit. A number of emerging technologies have been outlined to address the various challenges of the present day. [ABSTRACT FROM AUTHOR]

Objectives: To identify official sources that routinely collect data on functioning in Switzerland, to provide an overview of the existing data and its comparability, and to assess the extent to which the data is suitable for developing a functioning metric and indicator. Methods: Data sources were identified through an iterative search. Standardized rules were applied to map the functioning information assessed by the sources using a current WHO functioning and disability survey as a reference framework for the content comparison. Results: Four sources were identified: the Swiss Survey of Health, Ageing and Retirement in Europe (SHARE), the Swiss Health Survey (SHS), the Lausanne cohort 65+ (Lc65+), and the Swiss Household Panel (SHP). All tools addressed sleep functions, energy level, emotional functions, and sensation of pain. Additionally, nine functioning categories were common across three sources. Conclusion: Population data sources in Switzerland routinely collect comparable functioning data, which can serve as the basis for creating a functioning indicator. Among others, this indicator is relevant to complement mortality and morbidity data and to support both the estimation of rehabilitation and long-term care needs. [ABSTRACT FROM AUTHOR]

This article examines the current women's retirement age reform in Israel that raised their retirement age from 62 to 65, suggesting that high-income salaried women are more likely to benefit from the reform. It found that raising women's Retirement Age (RA) alone does not improve their Replacement Rate (REP) and recommends implementing a two-stage policy reform. In the first stage, gender wage gaps should be mitigated during working-time period; in the second stage, women's RA should be raised to the average of 63.81 years of the OECD countries. These suggestions should be adopted by policymakers in countries with low REP, such as Britain and Japan, accompanied by ensuring equal employment opportunities for relatively older women approaching RA. [ABSTRACT FROM AUTHOR]

Politicians must navigate the complexities of social policy reform to ensure sustainable fiscal policies while considering their impact on citizens. News media play a crucial role as a source of political information, influencing public attitudes towards policy changes through selective framing of issues. This study focuses on how European news media frame the controversial policy reform of raising the retirement age, and explores factors that potentially explain variations in framing across contexts. Using a manual content analysis of newspapers in Denmark, Spain, the Netherlands, and the United Kingdom over the period 2011–2020 (n = 1059 articles), we examine country-, newspaper-, and time-related factors to explain the relative presence of issue-specific diagnostic and prognostic frames in European news coverage of pension reform. While the results show that all three types of factors determine the coverage of the reform measure to some extent, in particular variations across newspapers and over time are prevalent. The most striking differences are that left-leaning newspapers emphasize frames related to inequality, and that over time, framing crystallizes into a more concentrated set of diagnostic and prognostic frames. This article sheds light on European news coverage of a much-debated policy issue and its contextual dependency. [ABSTRACT FROM AUTHOR]

Background: Self‐rated health (SRH), a measure of self‐reported general health, is a robust predictor of morbidity and mortality in various populations, including people with diabetes. Diabetes is negatively associated with SRH and quality of life (QoL). Little is known about how people with diabetes rate their health and which aspects influence the rating. Also, the predictive value of SRH on future QoL has not yet been evaluated. Methods: We analyzed data from 46 592 participants of the Survey of Health, Ageing and Retirement in Europe (SHARE). Using linear regression, we aimed to determine which sociodemographic, socioeconomic, medical, social, mental, and health behavior factors determine SRH in people with diabetes. In addition, we analyzed the predictive value of SRH on future QoL using the generalized estimating equations procedure. Results: We determined that country, current job situation, hospitalization, pain, polypharmacy, memory, eyesight, activities of daily living, number of chronic diseases, and depression are all linked to SRH. Together these variables explained 38% of the SRH's variance, whereas depression, pain, and memory had the greatest influence on SRH of people with diabetes. We also found that SRH independently predicted future QoL, supported by a regression coefficient of β = −1.261 (Wald chi‐square test, χ2 = 22.097, df = 1, p <.05). Conclusions: As SRH is linked to future QoL, we conclude that incorporating SRH assessment into medical evaluations can help health care professionals gaining a more comprehensive understanding of an individual's health trajectory and supporting patients to enhance their QoL. [ABSTRACT FROM AUTHOR]

The fact that environmental factors have a broader effect on financial decision‐making has been lengthily explored, but there is a gap in understanding how personality traits might mediate the effects of temperature on individual decision‐making. Using plausibly exogenous variation of individuals' exposure to changes in national temperature between 2004 and 2018 across NUTS 1 regions in 29 European countries, we estimate the causal effect of a marginal change in temperature on financial investments and its interaction with the trait of optimism/pessimism using Survey of Health, Ageing and Retirement in Europe (SHARE) data. A 10% increase in temperature is associated with a 0.03 percentage point (pp) rise in the probability that an optimist invests in bonds and a 0.024 pp decline in the probability for investment in stocks. However, among pessimists, we find null effects. The results are comparable on the intensive margin. In sum, our results highlight the potentially heterogeneous ways that environmental factors shape individual decision‐making. [ABSTRACT FROM AUTHOR]

This paper examines the impact of Artificial Intelligence (AI) on early retirement (ER) decisions in Europe. For the analysis, we utilize microdata from the Survey of Health, Ageing and Retirement in Europe, along with occupation-level data on AI advances and AI exposure. Initially, we investigate the influence of AI advances and AI exposure separately, finding in both instances a significant reduction in ER likelihood, though this only applies to workers with higher education. Subsequently, we explore the interaction between AI advances and AI exposure concerning ER probability. This interaction proves critical in determining AI's impact on ER transitions. Specifically, we observe a significant reduction in ER probabilities for workers whose occupations exhibit high levels of AI advances and high expectations for further implementation of this technology in the future. Finally, we jointly analyse the interaction between AI advances, AI exposure, and education level. This analysis highlights that workers' ER probabilities may either increase or decrease in response to the AI revolution, depending on their education level and the characteristics of their occupations in terms of AI advances and AI exposure. [ABSTRACT FROM AUTHOR]

Copyright of FinanzRundschau is the property of De Gruyter and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Journal of Educational Studies (1673-1298) is the property of Journal of Educational Studies Editorial Office and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This study seeks to characterise the effects of migration on the population development of Hong Kong where there has been rapid population transition due to extremely low fertility and uncertainties in migration flows. We explore actual historical trends during the period 2011–2021, and how these trends could shape the future demographic distribution if they persist. Using population census data, we estimate the net migration numbers in Hong Kong during the period 2011–2021, and develop population projections from 2026 to 2056 based on three alternative migration scenarios: (1) no net migration, (2) constant at the 2016–2021 level (negative growth), and (3) constant at the 2011–2016 level (positive growth but stable). Projected overall dependency ratios are also estimated under the three migration scenarios, as well as two retirement age scenarios: retiring at 65 years and 70 years. Our findings demonstrate that immigration would become an important and positive factor to slow down the process of population ageing to achieve a more sustainable development. The extension of the retirement age from 65 years to 70 years will certainly help to mitigate the ageing pressure in Hong Kong. We also provide implications of these projections for other Asian societies in similar situations. [ABSTRACT FROM AUTHOR]

Gender interests are crucial in the redistributive equity of the pension system. This paper investigates the gender gap in retirement pension incomes of urban employees in China by using data from the Chinese Household Income Project and decomposes the main factors contributing to the gender gap. We find that the pension income of female employees after retirement is significantly lower than that of male employees. Decomposition reveals that age, pre-retirement wage level, and type of work unit are the main factors contributing to the gender gap. Further, we find that the gender gap in pension incomes is lower for employees employed in the public sector than for those employed in enterprises, because enterprises are more affected by the market environment than the public sector, and female employees tend to suffer more market discrimination. In general, females still face the challenge of having significantly lower pension standards than males after retirement. Plain language summary: Pensions serve as a primary source of economic support for many insured employees after retirement, guaranteeing them a basic standard of living. However, gender inequality in pension income is evident in social life, with the pension income of female employees often lower than that of male employees. This study confirms this phenomenon by examining the gender gap in pension income for urban employees in China. The study finds that age, pre-retirement wage level, and type of work unit are the main factors contributing to the gender gap. In addition, the gender gap in pension income is smaller for public sector employees compared to enterprise employees, due to China's unique market environment, where the pension income of female enterprise employees is more negatively affected by market discrimination. Therefore, policy recommendations are proposed to appropriately extend the statutory retirement age for females, increase the wage level of the female labor force, and allow females to share their husbands' pensions. These recommendations aim to increase the pension incomes of female employees after retirement, thereby averting their risk of elderly poverty. [ABSTRACT FROM AUTHOR]

Purpose: This study aimed to provide the basic data needed to estimate future urologist supply and demand by applying various statistical models related to healthcare utilization. Materials and Methods: Data from multiple sources, including the Yearbook of Health and Welfare Statistics, Korean Hospital Association, Korean Medical Association, and the Korean Urological Association, were used for supply estimation. Demand estimation incorporated data on both clinical and non-clinical urologists, along with future population estimates. In-and-out moves and demographic methods were employed for supply estimation, while the Bureau of Health Professions model was utilized for demand estimation. Supply estimation assumptions included fixed resident quotas, age-specific death rates, migration rates, and retirement age considerations. Demand estimation assumptions included combining clinical and nonclinical urologist demands, adjusting population size for age-related healthcare usage variations. Urologist productivity was determined by adjusting productivity levels to 100%, 90%, and 80% of the base year based on actual clinical practice volumes. Results: Estimations of both demand and supply consistently indicate an oversupply of urologists until 2025, followed by an expected shortage by 2035 owing to increased deaths and retirements attributed to the aging urologist population. This shortage becomes more pronounced when employing more reliable models, such as logit or ARIMA (autoregressive integrated moving average), underscoring the growing need for urologists in the future. Conclusions: All estimation models estimated an oversupply of urologists until 2025, transitioning to a deficit due to reduced supply thereafter. However, considering potential unaccounted factors, greater effort is needed for accurate predictions and corresponding measures. [ABSTRACT FROM AUTHOR]

The article discusses the political implications of an aging leadership in the United States, highlighting the challenges and complexities of a gerontocracy. It explores historical perspectives on older leaders in various societies and examines the impact of an aging political system on governance. The text raises questions about the need for a balance between experienced older leaders and younger aspirants in politics, emphasizing the importance of engaging diverse perspectives and fostering intergenerational leadership. Additionally, it suggests potential reforms to address the influence of incumbency, campaign finance, and electoral processes on the representation of younger voters in American politics. [Extracted from the article]

Purpose: Gender inequality in public pensions and cultural norms stimulate earlier labor market exit among women, resulting in reduced pension benefits. To mitigate those risks, we formulate a question: how can factors of sustainable work improve women’s employment beyond the statutory retirement age under gender inequality in the public pension system? Design/methodology/approach: We use Polish labor market data. We selected a sample of women who were beyond the statutory retirement age (min. 61 years old) and stayed still active in the labor market. Using a semiparametric Cox model, we examined the risk factors of the stop working. Findings: We show that the risk of discontinuing employment beyond the statutory retirement age was lower not only among women whose earnings were higher than the average retirement benefit, but also among women who performed work consistent with their education, and whose jobs provided opportunities for professional training. Originality/value: This study identifies the factors of sustainable work quality and organization characteristics that affect the risk of work discontinuation among women beyond the statutory retirement age. [ABSTRACT FROM AUTHOR]

Copyright of Çalışma ve Toplum is the property of Calisma ve Toplum and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Preferred retirement age (PRA) is one key dimension when studying retirement decision-making. However, little is known concerning how PRA develops over the late career years. This study used a person-centered approach to longitudinally investigate trajectories of PRA and how they differ in self-rated health, perceived work ability, and effort–reward imbalance (ERI) at baseline levels and over 6 years. The study used data from four waves (2010, 2012, 2014, and 2016) of the Swedish Longitudinal Occupational Survey of Health. The sample consisted of 1,510 individuals aged 50–55 in 2010, who answered to the questionnaire for those in paid work (including self-employment) at the baseline and at least one of the following waves. Results from the latent class growth curve modeling show both within- and between-person variability in PRA over the 6-year span. We found four distinct trajectories, which differed both at the baseline levels and in the patterns of change in PRA: "C1: normative, relatively stable PRA" (42% of all participants); "C2: considerably early, increasing PRA" (6% of the participants); "C3: late, relatively stable PRA" (4% of the participants); and "C4: early, increasing PRA" (49% of the participants). Participants revealed a clear preference for retirement before the age of 65. Trajectories comprising earlier PRA showed poorer self-rated health, poorer work ability, and higher levels of ERI at the baseline and over time. The findings reinforce the importance of healthy work environments that promote work ability and facilitate a balance between efforts and rewards for encouraging longer working lives. [ABSTRACT FROM AUTHOR]

Introduction: We examined the association of both midlife occupation and age at retirement with cognitive decline in the Atherosclerosis Risk in Communities (ARIC) biracial community-based cohort. Methods: Current or most recent occupation at ARIC baseline (1987–1989; aged 45–64 years) was categorized based on 1980 US Census major occupation groups and tertiles of the Nam-Powers-Boyd occupational status score (n = 14,090). Retirement status via annual follow-up questionnaires administered ascertained in 1999–2007 was classified as occurring before or after age 70 (n = 7,503). Generalized estimating equation models were used to examine associations of occupation and age at retirement with trajectories of global cognitive factor scores, assessed from visit 2 (1990–1992) to visit 5 (2011–2013). Models were a priori stratified by race and sex and adjusted for demographics and comorbidities. Results: Low occupational status and blue-collar occupations were associated with low baseline cognitive scores in all race-sex strata. Low occupational status and homemaker status were associated with faster decline in white women but slower decline in black women compared to high occupational status. Retirement before age 70 was associated with slower cognitive decline in white men and women and in black men. Results did not change substantially after accounting for attrition. Conclusion: Low occupational status was associated with cognitive decline in women but not in men. Earlier retirement was associated with a slower cognitive decline in white participants and in black men. Further research should explore reasons for the observed associations and race-sex differences. [ABSTRACT FROM AUTHOR]

Over the last two decades, social security reforms in several European countries have turned early retirement routes for older workers increasingly difficult. The size of the effects of these reforms on labour supply and social security transfers, and how these effects interact with workers' characteristics have yet to be measured. This article sheds light on this issue by exploring the consequences of postponing access to an old-age unemployment programme—from age 58 to 60—in Belgium. The programme provides laid-off workers with a combination of unemployment benefits and a monthly supplement paid by the employer until the full retirement age. Exploiting register data on the universe of workers and using a difference-in-difference identification strategy, the authors find that UCS eligibility negatively affects employment participation but also mitigates older workers' participation in other social security programmes. [ABSTRACT FROM AUTHOR]

Copyright of Polityka Spoleczna is the property of Institute of Labour & Social / Instytut Pracy i Spraw Socjalnych and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Objectives: Adherence to lifestyle interventions is crucial for the treatment of obesity. However, there is little research about adherence to lifestyle interventions in persons around retirement age. The objectives of this study are (1) to identify factors associated with the adherence to resistance training and a hypocaloric diet and (2) to describe the association between adherence and changes in body composition outcome parameters. Design: This secondary data analysis included three randomized controlled trials. Setting & participants: The inclusion criteria of the participants were an age of 55–75 years, a BMI ≥ 25 kg/m2 and receiving both a hypocaloric diet and resistance training. All participants were residing in the community. Measurements: Adherence to hypocaloric diet was measured through the mean dietary intake on the basis of a 3-day dietary record. If the participant consumed at least 600 kcal less than the individual caloric requirements, they were considered adherent. Adherence to resistance training was achieved if ≥67% of the recommended training sessions were attended over the course of the study periods. Results: 232 participants were included, 47.0% female, mean age 64.0 (±5.5) years. 80.2% adhered to resistance training and 51.3% adhered to a hypocaloric diet. Older age (Beta 0.41; 95% CI 0.05, 0.78; p = 0.028) and male sex (Beta 7.7; 95% CI 3.6, 11; p

The authors study the distributional consequences of the COVID-19 pandemic's impact on employment, both during the onset of the pandemic and over subsequent months. Using cross-sectional and matched longitudinal data from the Current Population Survey, they show that the pandemic has exacerbated pre-existing inequalities. Although employment losses have been widespread, they have been substantially larger—and more persistent—in lower-paying occupations and industries. Hispanics and non-White workers suffered larger increases in job losses, not only because of their over-representation in lower-paying jobs but also because of a disproportionate increase in their job displacement probability relative to non-Hispanic White workers with the same job background. Gaps in year-on-year job displacement probabilities between Black and White workers have widened over the course of the pandemic recession, both overall and conditional on pre-displacement occupation and industry. These gaps are not explained by state-level differences in the severity of the pandemic nor by the associated response in terms of mitigation policies. In addition, evidence suggests that older workers have been retiring at faster rates. [ABSTRACT FROM AUTHOR]

Objectives: We evaluated the long-term effects of air pollution controls on health and health inequity among Chinese >45 years of age. Methods: Data were derived from the China Health Aging and Retirement Longitudinal Survey and the China National Environmental Monitoring Centre. Decreases in PM2.5 and PM10 were scaled to measure air quality controls. We used a quasi-experimental design to estimate the impact of air quality controls on self-reported health and health inequity. Health disparities were estimated using the concentration index and the horizontal index. Results: Air pollution controls significantly improved self-reported health by 20% (OR 1.20, 95% CI, 1.02-1.42). The poorest group had a 40% (OR 1.41, 95% CI, 0.96-2.08) higher probability of having excellent self-reported health after air pollution controls. A pro-rich health inequity was observed, and the horizontal index decreased after air pollution controls. Conclusion: Air pollution controls have a long-term positive effect on health and health equity. The poorest population are the main beneficiaries of air pollution controls, which suggests policymakers should make efforts to reduce health inequity in air pollution controls. [ABSTRACT FROM AUTHOR]

Background: This study explores recent cohort trends in cognitive performance among older Europeans from 2007 to 2017, addressing three key questions: (1) Did cognitive performance improve universally and across the performance distribution during this period? (2) Did these improvements occur across educational levels and for both men and women? (3) Can established risk factors explain these performance gains? Methods: Using data from the Survey of Health, Ageing and Retirement in Europe (SHARE) across 12 European countries, we assessed immediate recall, delayed recall, and verbal fluency in individuals aged 60 to 94 in both 2007 and 2017 (n = 32 773). Differences between the two time points were estimated with linear mixed effects regression models and quantile regression. Results: Cognitive performance improved in all age groups, across educational levels, and for both men and women between 2007 and 2017. Notably, improvements were more pronounced at the upper end of the performance distribution for delayed recall and verbal fluency. Education explained approximately 20% of the observed improvements. Risk factors did not explain the observed improvements. Conclusions: European cohorts of both younger-old and older adults continue to exhibit improvements in cognitive performance. Variation in the size of the cohort improvements across the performance distributions in delayed recall and in verbal fluency may contribute to growing inequalities in cognitive outcomes. Future research should further investigate the potential heterogeneity in cognitive performance gains. Trial registration: Not applicable. [ABSTRACT FROM AUTHOR]

Copyright of FinanzRundschau is the property of De Gruyter and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Aims: This study aimed at examining coach-athlete violence based on the retrospective reports of adults who had been athletes as children and adolescents; predict variables that contribute to the existence of such violence; describe difficulties that the participants encountered as young athletes following such violence; and reveal the outcomes of such violence on their emotions and behaviors, in the past and present. Methodology: The applied mixed methods comprised quantitative self-reporting questionnaires and qualitative interviews. The former included 440 participants (mean age 27.6) who had trained for at least one year in a sports union youth department; the latter included 14 participants (aged 23–37). These competitive athletes came from eight branches of sports. The interviews were analyzed based on the Narrative Approach. Results: According to the quantitative study, all participants had experienced coach violence at least once during their career, mainly psychological violence and neglect, followed by physical violence. Sexual violence was least reported. The age of their retirement from sports and the number of coaches that they had had were significant predictors of violence. Thematic analysis of the qualitative interviews resulted in six types of coach-athlete violence: (1) psychological violence; (2) verbal violence; (3) starvation and food fattening; (4) non-proportional punishing; (5) physical violence; and (6) sexual violence. Conclusions: It is vital that coach-athlete violence is addressed in public discourse, that the topic of young athletes' safety is introduced into coaching education, and that a position holder is nominated to be in charge of such safety in all sports organizations. [ABSTRACT FROM AUTHOR]

Sweden recently revised the age limits in the retirement and employment protection provisions. As of 2023, Swedes can receive a public pension from the age of 63 and have a protected right to continue working until they turn 69 years old. These revisions are part of a reform of the pension system initiated in the 1990s to establish an economically sustainable system in view of the increase in life expectancy. Positive communication from the government accompanies these changes, stating that we now live longer, are healthier and more active, and that we therefore can, as well as would like to, keep working. Simultaneously, there are reports of age discrimination on the labor market. From a point of departure in ageism and social norms, an analysis of selected government agencies’ recruitments, anti-discrimination policies and interviews was carried out to explore recruitment practices related to older adults. Findings show that despite a flexible retirement age and respondents’ claims of the irrelevance of age in recruitment, older adults are recruited to a lesser extent than other age categories and that anti-discrimination measures regarding recruitment and age are scarce. Although references are made to adherence to legislation and competence-based recruitment methods, the combined service merits (employment length) and competence assessments do not seem to fall in favor of older adults. While statements maintaining that fewer older adults are among applicants might be valid, the findings indicate that social expectations (norms) among government agencies, agency employees and older applicants affect the absence of older adults in government agency recruitments. [ABSTRACT FROM AUTHOR]

This study examines the relationship between corporate social responsibility (CSR), earnings management (EM), and the characteristics of chief executive officers (CEOs) within the context of China's economic transformation. Drawing on stakeholder theory and upper echelon theory, this study investigates the influence of CSR on EM and the role of CEO characteristics. The empirical analysis is based on a sample of 1,980 Chinese firm‐year observations from the Shenzhen and Shanghai stock markets, between 2013 and 2017. The findings reveal a negative relationship between CSR performance and discretionary accruals (DA), suggesting that higher CSR is associated with lower EM. Moreover, this relationship is more pronounced among firms with highly educated CEOs (postgraduates) and mature CEOs (approaching retirement age). Notably, the negative CSR–EM relationship is strengthened in firms with mandatory CSR reports. This study expands prior research by exploring the impact of CEO characteristics on the CSR–EM relationship, incorporating CEO attributes alongside ownership structures and governance mechanisms. The findings offer insights for organizations in terms of selecting ethically committed CEOs, as well as guidance for shareholders in understanding CEO selection criteria. Furthermore, this study highlights the importance of mandatory CSR disclosure (CSRD) for policymakers evaluating CSR performance according to the disclosure type. [ABSTRACT FROM AUTHOR]

Previous research predicts an increasing financial deficit in Algeria's PAYG retirement system, mainly due to rapid population aging, and parametric adjustments will be insufficient to alleviate this imbalance. Mitigating the effects of population aging will necessitate further intervention. In this work, we analyze how capping contributed salaries can help to mitigate the effects of population aging on the retirement system. Under generous Pay-As-You-Go schemes, promised pension payouts far exceed contributions. Thus, restricting contributions is expected to reduce the burden of future benefits by accepting lower contributions today, while directing public subsidies to low-income individuals. We simulate the future evolution of the financial balance of Algeria's retirement system under various contributable salary caps versus various scenarios of environmental evolution and potential parametric reform actions. The results demonstrated that a 40% cap, along with major parametric reforms and an ideal environment, would help achieve a cumulatively balanced system in the long run. [ABSTRACT FROM AUTHOR]

In Denmark and Sweden, statutory retirement age is indexed to life expectancy to account for mortality improvements in their populations. However, mortality improvements have not been uniform across different sub-populations. Notably, in both countries, individuals of lower socioeconomic status (SES) have experienced slower mortality improvements. As a result, a uniform rise in the statutory retirement age could disproportionally affect these low-SES groups and may unintentionally lead to a reverse redistribution effect, shifting benefits from short-lived low-SES individuals to long-lived high-SES individuals. The aim of this study is twofold: to quantify and contextualise mortality inequalities by SES in Denmark and Sweden, and to assess how indexing retirement age will affect future survival to retirement age by SES in these countries. We used Danish and Swedish registry data (1988–2019), to aggregate individuals aged 50 + based on their demographic characteristics and SES. We computed period life tables by year, sex, and SES to estimate the difference in survival across different SES groups. We then forecast mortality across SES groups to assess how indexing retirement age will affect survival inequalities to retirement age, using two forecasting models—the Mode model and the Li-Lee model. Mortality inequalities are comparable in Denmark and Sweden, even though the latter generally has higher survival. We also find that indexing retirement age to life expectancy will have two main consequences: it will reduce the probability of reaching retirement for all SES groups, particularly those of low SES, and time spent in retirement will be reduced, particularly for those of high SES. [ABSTRACT FROM AUTHOR]