When Do Committed Employees Retire? The Effects of Organizational Commitment on Retirement Plans Under a Defined-Benefit Pension Plan

Human Resource Management, Vol. 47, Issue 3, 2008

University of Alberta School of Business Research Paper No. 2013-451

Posted: 29 May 2013

See all articles by Andrew A. Luchak

Andrew A. Luchak

University of Alberta - Department of Strategic Management and Organization

Dionne Pohler

University of Toronto

Ian R. Gellatly

University of Alberta - Department of Strategic Management and Organization

Date Written: Aug 19, 2007

Abstract

The question of when committed employees retire is important to consider under a defined-benefit pension plan, which credits employees with benefits of lower overall value for retiring either too early or too late. We find employees with higher levels of effective commitment more likely to plan to retire later and past the age when it is most financially attractive for them to leave the organization. In contrast, employees with moderate to high levels of continuance commitment plan to retire earlier and at ages when it is most attractive for them to do so. Implications for HR policy and practice are discussed.

Suggested Citation

Luchak, Andrew A. and Pohler, Dionne and Gellatly, Ian R., When Do Committed Employees Retire? The Effects of Organizational Commitment on Retirement Plans Under a Defined-Benefit Pension Plan (Aug 19, 2007). Human Resource Management, Vol. 47, Issue 3, 2008; University of Alberta School of Business Research Paper No. 2013-451. Available at SSRN: https://ssrn.com/abstract=2270730

Andrew A. Luchak (Contact Author)

University of Alberta - Department of Strategic Management and Organization ( email )

Edmonton, Alberta T6G 2R6
Canada

Dionne Pohler

University of Toronto ( email )

121 St. George St.
Toronto, ON M5S 2E8
Canada

Ian R. Gellatly

University of Alberta - Department of Strategic Management and Organization ( email )

Edmonton, Alberta T6G 2R6
Canada

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