A Promising Future for the Elderly: A Study on Factors Influencing Retirement and Reemployment of the Elderly

DOI: https://doi.org/10.62517/jmsd.202412211

Author(s)

Mei Wang

Affiliation(s)

School of Cultural Tourism and Public Management, Fujian Normal University, Fuzhou, Fujian

Abstract

Against the backdrop of the deepening aging population in China, the issue of reemployment of the elderly has become a focus of attention. This paper conducts empirical analysis based on the data from Class 2018. The results indicate that such important factors as age, gender, educational level, type of residence, participation in social activities, participation in social security projects, amount of received social security, and physical health status affect the retirement and reemployment of the elderly. Retired elderly people who are younger and male, have lower educational levels, have poorer economic conditions in their place of residence, have higher levels of social participation, and have lower social security amounts and better health conditions are more likely to be reemployed. Based on empirical analysis, this paper explores the development of human resources for the elderly in China and discusses measures to improve the reemployment rate of the elderly. Under existing conditions, it is necessary to reform the retirement system, improve the social security system, strengthen social propaganda, and promote multi-party cooperation to mobilize the enthusiasm of the elderly for reemployment and increase labor participation rate.

Keywords

Active Aging; The Elderly; Retirement and Reemployment; Empirical Analysis

References

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