Pre-retirement, retirement, and post-retirement: policy considerations and consequences

Purpose – The purpose of this article is to expand the merely economic notion of phased retirement towards a holistic perspective. It builds on the logic that the process of ageing, if it does not run well, can negatively affect societal well-being, from public health to national productivity, as we...

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Main Author: Roland Bardy
Format: Article
Language:English
Published: Emerald Publishing 2025-05-01
Series:Public Administration and Policy
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/PAP-03-2024-0034/full/pdf
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author Roland Bardy
author_facet Roland Bardy
author_sort Roland Bardy
collection DOAJ
description Purpose – The purpose of this article is to expand the merely economic notion of phased retirement towards a holistic perspective. It builds on the logic that the process of ageing, if it does not run well, can negatively affect societal well-being, from public health to national productivity, as well as the intergenerational dimension of sustainable development and knowledge issues in all organizations. Design/methodology/approach – The article analyses what needs to be done to prepare retirees to better cope with life after their contract has ended — whether by providing a facility to work part-time, training for self-employment, intensifying their pursuit of new digital capabilities, or through other engagements that facilitate “re-participation” in the workforce — and how public policies can best support these efforts. Findings – It is widely acknowledged that all parties engaged in phase-out policies or similar post-retirement strategies — governments, employers, employees, and employee representatives — will gain from these initiatives. On the other hand, it has been argued that public retirement programs pay the elderly substantially more than the effect is worth. This must be carefully examined, as it may only apply to specific employment situations. Originality/value – Much of existing literature on this theme is limited to policies and certain statistical evidence. This article expands the scope to explore the opportunities that phased retirement presents for the future of the retirees and how the benefits they receive can also benefit society. By combining practice and theory, this article serves as a valuable resource for both scholars and policymakers.
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spelling doaj-art-cd3da01aaf9d40a2af1cd14115b6bd4e2025-08-20T03:08:59ZengEmerald PublishingPublic Administration and Policy1727-26452517-679X2025-05-0128181810.1108/PAP-03-2024-0034Pre-retirement, retirement, and post-retirement: policy considerations and consequencesRoland Bardy0BardyConsult, Mannheim, GermanyPurpose – The purpose of this article is to expand the merely economic notion of phased retirement towards a holistic perspective. It builds on the logic that the process of ageing, if it does not run well, can negatively affect societal well-being, from public health to national productivity, as well as the intergenerational dimension of sustainable development and knowledge issues in all organizations. Design/methodology/approach – The article analyses what needs to be done to prepare retirees to better cope with life after their contract has ended — whether by providing a facility to work part-time, training for self-employment, intensifying their pursuit of new digital capabilities, or through other engagements that facilitate “re-participation” in the workforce — and how public policies can best support these efforts. Findings – It is widely acknowledged that all parties engaged in phase-out policies or similar post-retirement strategies — governments, employers, employees, and employee representatives — will gain from these initiatives. On the other hand, it has been argued that public retirement programs pay the elderly substantially more than the effect is worth. This must be carefully examined, as it may only apply to specific employment situations. Originality/value – Much of existing literature on this theme is limited to policies and certain statistical evidence. This article expands the scope to explore the opportunities that phased retirement presents for the future of the retirees and how the benefits they receive can also benefit society. By combining practice and theory, this article serves as a valuable resource for both scholars and policymakers.https://www.emerald.com/insight/content/doi/10.1108/PAP-03-2024-0034/full/pdfRetirementPhased retirementAfter-work-lifeRe-participationVoluntarismKnowledge transfer
spellingShingle Roland Bardy
Pre-retirement, retirement, and post-retirement: policy considerations and consequences
Public Administration and Policy
Retirement
Phased retirement
After-work-life
Re-participation
Voluntarism
Knowledge transfer
title Pre-retirement, retirement, and post-retirement: policy considerations and consequences
title_full Pre-retirement, retirement, and post-retirement: policy considerations and consequences
title_fullStr Pre-retirement, retirement, and post-retirement: policy considerations and consequences
title_full_unstemmed Pre-retirement, retirement, and post-retirement: policy considerations and consequences
title_short Pre-retirement, retirement, and post-retirement: policy considerations and consequences
title_sort pre retirement retirement and post retirement policy considerations and consequences
topic Retirement
Phased retirement
After-work-life
Re-participation
Voluntarism
Knowledge transfer
url https://www.emerald.com/insight/content/doi/10.1108/PAP-03-2024-0034/full/pdf
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