Abstract

Due to the ever-increasing life expectancy rates worldwide, there has been an emerging need to conduct more research on older adults' participation in the labor market after reaching the state pension age. This study aims to analyze the factors associated with postretirement work in Chile, a country characterized by a strong persistence of a male-breadwinner model endorsed by deeply-rooted traditional gender roles, and at the same time characterized by a dual-earner model strongly encouraged by a neoliberal system. Relying on a gendered life course perspective and using a nationally representative survey, we conducted logistic regression analyses to explore how a number of cumulative advantages and disadvantages (such as work trajectory, job satisfaction, and caregiving duties) shape working beyond legal retirement age and the intrinsic motivation to continue working among economically active older adults in Chile. One of the main findings of the present study is that intrinsic motivation to continue working was a remarkably significant predictor of postretirement work among older Chilean adults, especially among women. The results also suggest that even though older women are motivated to continue working, the national labor market is unlikely to offer such possibility. The findings of this study have implications for practice in the sense that they demonstrate the imperative need for organizations to focus on intrinsic motivation-related factors in striving to improve employees' willingness to stay within the company after the state pension age.