Wed, Oct 29, 2014 - Page 14 News List

Taiwanese office workers hope to work in retirement

Staff writer, with CNA

The vast majority of Taiwan’s office workers intend to continue working after they retire, mainly due to financial concerns or to gain a sense of achievement, a survey conducted by 1111 Job Bank (1111人力銀行) has found.

According to the results of the poll released yesterday, 85.9 percent of respondents said they would still work in one form or another after retiring.

About 51 percent said they will look for part-time work, another 13 percent intend to start their own business and 18 percent will devote their energy to investing and managing their wealth, the poll found. Another 3.8 percent said they would try to find a full-time job.

When asked why they wanted to continue working after reaching retirement age, some respondents said they feared being short of money, while others cited wanting to kill time or gaining a sense of achievement.

Asked what they feared most after retiring, 87.2 percent of respondents said they most feared falling ill, 45.5 percent feared being bored and 31 percent were worried about not having enough money if they lived too long.

The government should quicken its pace in establishing a comprehensive care system for senior citizens, especially in view of Taiwan’s rapidly aging population, 1111 Job Bank vice president Ho Chi-sheng (何啟聖) said.

Ho also advised enterprises to improve their work conditions and lower hiring thresholds for middle-aged and elderly workers.

The online survey, conducted from Oct. 9 to 22, collected 1,160 valid responses and had a confidence level of 95 percent, with a margin of error of plus or minus 2.87 percentage points.

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