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In some cases these arrangements have been introduced in the hope of encouraging later retirement, thus modifying the deterioration of the ratio between the employed population and the retired population, which necessitates higher levels of contribution by those still working as the proportion of the pensioned population increases.
The refusal to retire by faculty whose performance is no longer satisfactory was a product of the abolition of mandatory retirement age, but other strategies for encouraging later career faculty to retire do exist (see below).
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In an ageing world, the ambition has to be to encourage later retirement.
The case in favour of defined-contribution pensions is that they encourage later retirement, since every extra year worked increases the pot of pension money.
Scorning the "definite focus" desired by other practitioners, she preferred to stop focussing when she arrived at "something which to my eye was very beautiful," an assertion that has encouraged later commentators to wonder about her eyesight.
It stemmed from the country's affection for homeownership — a legacy of a frontier nation that subsidized homesteading for pioneers and encouraged later generations to homestead in the suburbs via the mortgage-interest deduction.
By accepting the ultimatum, the government may have avoided loss of life at the time, but its submission may also have encouraged later Soviet repressions.
Relatively freer of licensing and patent constraints, they have devised widely used fixed dose combination drugs and encouraged later collaborations between brand companies such as the 3-in-1drug atripla made by Gilead Sciences and Bristol-Myers Squibb.
In addition, a greater understanding of the link between the factors influencing the decision to retire and actual turnover would benefit policies designed to encourage later retirement.
Therefore, a better understanding of the link between the factors influencing the decision to retire and actual turnover would benefit policies designed to encourage later retirement.
A greater understanding of the link between the factors influencing the decision to retire and actual turnover would therefore be useful in the development of policies to encourage later retirement.
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CEO of Professional Science Editing for Scientists @ prosciediting.com