Determinants of retirement of formal and informal sector workers in Mexico: the role of health and economic security.
Salud Publica Mex
; 65(5, sept-oct): 434-445, 2023 Sep 15.
Article
em En
| MEDLINE
| ID: mdl-38060910
ABSTRACT
OBJECTIVE:
We examine the socioeconomic and health drivers of retirement decisions and compare these determinants between formal and informal sector workers in Mexico. MATERIALS ANDMETHODS:
Using data from the Mexican Health and Aging Study 2012 and 2015, we estimate conditional probit models of retirement using sociodemographic, health, health care utilization, health insurance, private pensions, and social security systems covariates. The Institutional Review Board at the University of Southern California reviewed and approved the research (IRB # UP-15-00023).RESULTS:
We find that the social security systems are an important determinant for retirement age for formal sector workers. The informal sector workers, who lack access to retirement benefits of the social security system, make retirement decisions mainly based on health and access to health insurance through social security.CONCLUSION:
Despite the lack of access to social security benefits, informal sector workers do not respond strongly to socioeconomic factors in determining the timing of retirement. Strengthening access to better health care services could improve health, extend working lives, and promote healthy aging for workers in the informal sector.
Texto completo:
1
Coleções:
01-internacional
Base de dados:
MEDLINE
Assunto principal:
Aposentadoria
/
Setor Informal
Limite:
Humans
País/Região como assunto:
Mexico
Idioma:
En
Revista:
Salud Publica Mex
Ano de publicação:
2023
Tipo de documento:
Article
País de afiliação:
Singapura