engleski

Early retirement intentions in Croatia, Poland and Slovenia

According to Eurobarometer data, in 2001 almost 70% of European citizens disagreed with increasing the retirement age. At the same time, the European Council set a target of raising the average EU employment rate for older men and women (55–64) to 50% by 2010. This goal was achieved three years later than planned in most EU countries, with the exception of Croatia, Greece, Luxembourg, Poland, Romania, and Slovenia, where it still hasn’t been reached in 2018. Here we focus on Croatia, Poland and Slovenia - all emerging economies that have had trade union initiatives against raising the statutory retirement age. In Croatia in 2019, trade unions are pushing for a referendum to prevent the extension of the retirement age to 67 by 2033, and stronger penalisation of early retirement. In Poland, trade unions proposed a national referendum and protests were organised against a phased increase of the retirement age to 67 years by 2020 for men and by 2040 for women. The Polish government restored the lower retirement age in 2017: 65 for men and 60 for women. Finally, in 2011 Slovenian citizens rejected the implementation of a pension reform to raise the retirement age for men and women to 65 years. Our goal is to analyse predictors of early retirement intentions among older employees (between 50 and statutory retirement age) using SHARE data. We take socio-demographic, health, well-being, financial and work-related variables into account and estimate logit regression models. We wish to discover how countries that are economically diverse, but institutionally similar, differ in early retirement intentions, and propose country- specific measures to raise the employment rate of older employees.

early retirement ; pension system ; SHARE

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