For more than three decades, many European and other affluent societies have been following a trend of fostering older workers’ exit from employment well before reaching formal retirement ages. Yet, faced with demographic aging, many countries have undergone a substantial change in their policies toward older workers, reflected in a shift to a policy explicitly fostering longer working careers and employment retention of older workers. This introductory chapter takes this institutional shift as a starting point for developing a novel theoretical framework that conceptualizes work and retirement transitions within this changing institutional landscape. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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