Post-Retirement Employment among Iranian Older Adults: The Competition of Two Generation

This study seeks to investigate the factor influencing post-retirement employment among the Iranian older adults. The participants consisted of 1280 elderly people over 60 years old in Tehran in 2020 and data analysis was done by using odds ratio, Logit and Probit regression as well as effect analysis. The results indicate that the job seeking behavior varies among older adults with different individual and social characteristics. The odds of working after retirement for the younger old adults and participants with better socio-economic status are more than other subgroups. While being female and having social insurance coverage negatively affect the odds of working after retirement. The marginal effect of variables show that having a university degree had the greatest negative effect on the likelihood of post-retirement employment. In addition, job setting have played a significant role in the job search behavior of Iranian seniors. In this way, the young and educated workers in Iran, crowding the older adults out of the labor market, that can be problematic in terms of experience and knowledge transfer. Another issue that needs to be addressed is the housewives older adults whose are not covered by pension schemes, whilst these people have a very high poverty rate and are among the most disadvantaged groups in various social indicators.