Retirement - Research Article from Encyclopedia of Sociology

This encyclopedia article consists of approximately 17 pages of information about Retirement.
This section contains 4,930 words
(approx. 17 pages at 300 words per page)
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Retirement

Retirement is primarily a twentieth-century phenomenon that developed through a convergence of public and private employment policies, a restructuring of the life span relative to work activity, and a redefinition of the terms of monetary compensation for work performed. It may be tempting to view retirement as the "natural" development of a social institution matched to the needs of older people experiencing declines in capacity; but the invention of a distinctive nonemployment status called retirement was not simply a response to human aging. Rather, in reconciling a transformed economy to an aging population with an increasing amount of surplus labor, an explicit policy of job distribution was produced. Retirement policies incorporated age as a characteristic that served as both a qualifying and an exclusionary principle for work and income. The fact that these policies were age-based can be linked to the social production of age as...

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This section contains 4,930 words
(approx. 17 pages at 300 words per page)
Buy the Retirement Encyclopedia Article
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Macmillan
Retirement from Macmillan. Copyright © 2001-2006 by Macmillan Reference USA, an imprint of the Gale Group. All rights reserved.
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