Pension rights, human capital development and well-being

Research output: ThesisDoctoral ThesisInternal

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Abstract

This dissertation studies to which extent pension system reforms have an effect on training participation, the delivered effort at work, the well-being and the mental health of older employees. The study shows that reducing the pension benefits (discontinuance of pension scheme in the public sector) has a substantial and persistent negative effect on the mental health and well-being of employees. Moreover, the work effort is lower among employees with moderated pension benefits, who have a strong urge for retaliation. The decline in well-being is caused by the fact that employees feel they are treated unjustly and strongly compare themselves with those who keep their original entitlement to pension benefits.

Original languageEnglish
QualificationDoctor of Philosophy
Awarding Institution
  • Maastricht University
Supervisors/Advisors
  • de Grip, Andries, Supervisor
  • Cörvers, Frank, Advisor
Award date23 Sep 2010
Place of PublicationMaastricht
Publisher
Print ISBNs978-90-5321-489-3
Publication statusPublished - 1 Jan 2010

Keywords

  • moderated pension benefits
  • human capital
  • well-being

Cite this

Montizaan, R. M. (2010). Pension rights, human capital development and well-being. Research Centre for Education and the Labour Market.