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Quality of life and national pension receipt after retirement among older adults

Authors
 Yeong Jun Ju  ;  Kyu‐Tae Han  ;  Hyo Jung Lee  ;  Joo Eun Lee  ;  Jae Woo Choi  ;  In Seon Hyun  ;  Eun‐Cheol Park 
Citation
 GERIATRICS & GERONTOLOGY INTERNATIONAL, Vol.17(8) : 1205-1213, 2017 
Journal Title
 GERIATRICS & GERONTOLOGY INTERNATIONAL 
ISSN
 1444-1586 
Issue Date
2017
Keywords
national pension receipt ; quality of life ; retired elderly ; retirement security
Abstract
AIM: As the aging population (including baby boomers) retires, its members face the problem of retirement security. Social security, including the national pension, is the most important source of retirement security and thus directly affects the well-being of retired older adults. We investigated the relationship between national pension receipt and quality of life (QoL) among Koreans aged 60 years or older. METHODS: We used data from the Korean Longitudinal Study of Aging obtained in 2006-2012 from 340 baseline individuals who had retired. We measured QoL using a visual analog scale. A generalized estimating equations model was used to carry out a longitudinal regression analysis on longitudinal data. RESULTS: When participants who received a national pension were used as the reference group, those participants who did not receive a national pension had a QoL of -4.40 (SE = 1.73; P = 0.0109). Additionally, individuals without a national pension and with a low household income showed the most drastic decrease in QoL (-10.42; SE = 4.53; P = 0.0214). Individuals without a national pension and with a low wealth level showed a considerable decrease in QoL compared with individuals with national pension and with a low wealth level (-8.34; SE = 4.14; P = 0.0438). CONCLUSIONS: National pension receipt among retired older adults influences QoL, and the present results suggest that guaranteed income is very important to retired older adults with a low economic status. Thus, we require national pension schemes that aim to address retirement security for these individuals.
Full Text
https://onlinelibrary.wiley.com/doi/abs/10.1111/ggi.12846
DOI
10.1111/ggi.12846
Appears in Collections:
1. College of Medicine (의과대학) > Dept. of Preventive Medicine and Public Health (예방의학교실) > 1. Journal Papers
Yonsei Authors
Park, Eun-Cheol(박은철) ORCID logo https://orcid.org/0000-0002-2306-5398
URI
https://ir.ymlib.yonsei.ac.kr/handle/22282913/160681
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