Working Beyond the Traditional Retirement Age: The Influence of Health on Australia's Older Workers
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Deborah J Schofield1, Emily J Callander2, Simon J Kelly3
1a Chair and Professor of Health Economics, Faculty of Pharmacy , University of Sydney , Sydney , New South Wales , Australia.
Abstract:
This article examines the relationship between health and workforce participation beyond the age of 65 years in Australia. This study found that people with a chronic health condition were less likely to be employed than those without a health condition (OR, 0.59; 95% CI [0.38, 0.92]). Among those with a chronic health condition, those in income quartile 2 (OR, 0.27; 95% CI [0.11, 0.67]) and 3 (OR, 0.38; 95% CI, [0.15-0.93]) were significantly less likely to be employed relative to those in income quartile 4. Older workers with a chronic health condition were less likely to work beyond the age of 65; however, among those with a chronic health condition, those with very high income and those with very low income were the most likely to keep working.
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