Having Type 2 Diabetes Does Not Imply Retirement before Age 65 in Europe
- PDF / 323,492 Bytes
- 12 Pages / 439.37 x 666.142 pts Page_size
- 11 Downloads / 215 Views
Having Type 2 Diabetes Does Not Imply Retirement before Age 65 in Europe Margarida Fonseca Cardoso 1,2
& Maria
Piedade Brandão 3,4
Received: 30 September 2019 / Accepted: 8 September 2020/ # Springer Nature B.V. 2020
Abstract The legal retirement age in Europe is around 65, some countries have a slightly higher or lower retirement age. The isolated effect of type 2 diabetes (T2D) on retirement in those aged between 51 and 64 was investigated. Data from the Survey of Health, Ageing, and Retirement in Europe (Wave 7) was used to analyse 10,794 Europeans with T2D or without diabetes, employed or retired. When socio-demographic, health and well-being characteristics were taken into account, having T2D was not significantly associated with retirement (AOR = 1.021; 95%CI 0.918 to 1.137). The profile of those with or without T2D were very similar, differing between those retired or employed. Regardless of T2D, age and gender, Europeans with two or more chronic diseases, limitations with activities, and health problems that limit paid work, tended more to be retired. In contrast those married and with higher levels of education were less prone to be retired. The main finding is that among Europeans in their fifties and early sixties, having T2D does not per se increase significantly the likelihood of retiring before age 65. Those that retired before the legal age probably have or will have limited financial resources necessary for health care, due to their lower level of education and the fact that most of them will not receive a full old-age pension. Among those, T2D can represent an additional vulnerability with ageing, since diabetes is a chronic progressive illness that can lead to health complications, which imply medical costs. Keywords Ageing . Retirement . Type 2 diabetes . Europe
* Margarida Fonseca Cardoso [email protected] Maria Piedade Brandão [email protected] Extended author information available on the last page of the article
M. F. Cardoso, M. P. Brandão
Introduction Due to the increase in longevity, more people are approaching the legal retirement age, and more people are exiting the workforce via retirement. Legal retirement age vary considerably across the different European countries and can differ within each country according to different variables, like gender, year of birth, the working career, the country where people are living and the country where they worked, among others. Albeit some countries have a higher or lower legal retirement age, the legal retirement age in Europe is around 65 (European Union 2020; OECD 2018). The employment rate of European workers in the age group 55–64 is around 55% (Eurostat 2017), implying that the effective age of retirement is much less than the legal age for receiving a full old-age pension. Employment versus retirement has been found to protect adults in terms of mental health and well-being (Mousteri et al. 2018; Rohwedder and Willis 2010; Segel-Karpas 2015; Topa et al. 2017). Employees with chronic diseases are more likely to leave employment than emplo
Data Loading...
