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Full-Text Articles in Gerontology
Net Worth Accumulation By Different Quintiles Of Older Adults Approaching Retirement Age And 10 Years Later, Martha N. Ozawa, Yeong H. Yeo
Net Worth Accumulation By Different Quintiles Of Older Adults Approaching Retirement Age And 10 Years Later, Martha N. Ozawa, Yeong H. Yeo
The Journal of Sociology & Social Welfare
The shift in responsibility for income security from the government to individuals makes the accumulation of net worth a vital issue. We investigated the rate of net worth accumulation for people aged 51 to 61 in 1991 (N=7,544) and 61 to 71 in 2001 (N=5,711) using the RAND Health and Retirement Study. We found that the rate of net worth accumulation by the fifth (top) quintile was extremely high in 1991, and the distribution of net worth became more skewed in favor of the wealthy in 2001. Older adults in the first and second quintiles are unable to face the …
Protecting Older Workers: The Failure Of The Age Discrimination In Employment Act Of 1967, Jessica Z. Rothenberg, Daniel S. Gardner
Protecting Older Workers: The Failure Of The Age Discrimination In Employment Act Of 1967, Jessica Z. Rothenberg, Daniel S. Gardner
The Journal of Sociology & Social Welfare
A growing number of older adults are finding that retirement is no longer affordable and they must work well into their later years. Unfortunately, over 42 years after passage of the Age Discrimination in Employment Act (ADEA) of 1967, age discrimination in the workplace continues to present serious impediments to employment in later life. Using a critical gerontology perspective, this paper reviews the history of work-related age discrimination and analyzes the ADEA and its limited effectiveness at protecting the civil and economic rights of older workers. The authors discuss implications and suggest policy alternatives that would support the employment and …