[Subjective Financial Resources of Temporary Disability Pensioners: Interrelation with Loneliness and Life...

In Germany, a disability that prevents a person from fully participating in the labor market can partly be compensated for financially with temporary disability pension. Due to fewer financial resources, this group is at a higher risk of poverty, which in conjunction with a worse health status might be related to other limitations such as lower social participation, loneliness and reduced life satisfaction. This study examined the relationships between household income, subjective financial resources, loneliness and life satisfaction.

199 former employees with current reduced earning capacity status were interviewed at 2 points in time (T1; T2=T1+approx. 8 months) by means of structured telephone interviews.

Income was not related to loneliness or life satisfaction. However, lower perceived financial resources were associated with higher levels of loneliness, which in turn was related to lower life satisfaction. Loneliness partially mediated this relationship. A lower health status was associated with more loneliness and lower life satisfaction.

Rehabilitative measures that teach money management skills and aim to overcome loneliness could improve the life satisfaction of people with reduced earning capacity. This is highly relevant, as other studies have shown a connection between life satisfaction and return to work as well as social participation.