Male Austrians should defer early exit from labor force ...

or risk dying prematurely. No such risk for females.

Fatal Attraction? Extended Unemployment Benefits, Labor Force Exits, and Mortality

We estimate the causal effect of permanent and premature exits from the labor force on mortality. To overcome the problem of negative health selection into early retirement, we exploit a policy change in unemployment insurance rules in Austria that allowed workers in eligible regions to exit the labor force 3 years earlier compared to workers in non-eligible regions. Using administrative data with precise information on mortality and retirement, we find that the policy change induced eligible workers to exit the labor force significantly earlier. Instrumental variable estimation results show that for men retiring one year earlier causes a 6.8% increase in the risk of premature death and 0.2 years reduction in the age at death, but has no significant effect for women.

Pdf here

There is also an earlier paper from 2014 with a higher mortality risk. Go figure. Again, it's about Austria, not Australia. Asians keep mixing that up. Oops, was that counter pc? The last sentence is revealing. Stroh rum anybody?

Abstract

We estimate the causal effect of early retirement on mortality for blue-collar workers. We exploit an exogenous change in unemployment insurance rules in Austria that allowed workers in eligible regions to withdraw permanently from employment up to 3.5 years earlier than workers in non-eligible regions. We find that retiring one year earlier causes a 13 percent increase in the risk of premature death for men. We do not find any significant effect for women. Excess mortality among males is concentrated among heart diseases, diseases related to excessive alcohol consumption, and vehicle injuries.