Live Longer, Work Longer

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This report helps establish a new agenda for age-friendly employment policies and practices. It sets out the policy challenges presented by rapidly ageing labour forces in OECD countries and draws out the main lessons learned from OECD's series of country reviews on Ageing and Employment policies.  Among other issues, it discusses how to remove work disincentives and increase choice in the work-retirement decision, improve employability of older workers, and change employer attitudes and employment practices.

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Work Disincentives and Barriers to Employment

Key messages: Older people face a range of work disincentives and barriers to employment. First, there are penalties or low rewards for carrying on working in old-age pensions and other parts of the tax and welfare system. Second, employers are often reluctant to hire older workers or retain them in their jobs for a variety of reasons. Finally, older workers themselves can find it difficult to stay in their jobs or to find new ones. The challenging task of lowering these barriers and disincentives to work is magnified by the legacy of public and private early-retirement schemes that have created an expectation of early retirement. Given the many factors at work, pension reform alone will not be sufficient enough to promote employment opportunities for older workers.

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