Definition
This variable is derived from the occupational string, and is set in the coding dictionary. It is set at either 0 or 1. 1 denotes retired; 0 denotes no indication. Thus for those people whose occupation is either missing or is a relationship-type occupation, e.g., Butcher's wife, the retired variable will automatically be set to 0.This is not an indication of whether someone has left the labour market. See also the variable adjunct occupational codes GB51A416