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 language | English |
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Qualification | Doctor of Philosophy |
Awarding Institution |
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Supervisors/Advisors |
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Award date | 23 Sept 2010 |
Place of Publication | Maastricht |
Publisher | |
Print ISBNs | 978-90-5321-489-3 |
DOIs | |
Publication status | Published - 1 Jan 2010 |
Keywords
- moderated pension benefits
- human capital
- well-being