Centre for Policy on Ageing



Reforms of retirement policies — three common paths in aging in Japan and Korea
Author(s)	Masa Higo, Thomas R Klassen
Journal title	Journal of Aging and Social Policy, vol 29, no 1, January-February 2017
Publisher	Taylor and Francis, January-February 2017
Pages	pp 70-83
Source	http://www.tandfonline.com
Keywords	Retirement policy ; Retirement age ; Conditions of employment ; Literature reviews ; Korea ; Japan.
Annotation	Faced with an unparalleled rate of population ageing, Japan and Korea have been reforming their retirement policies. To date, while the age of mandatory retirement has increased, employees continue to face significant decreases in compensation and other working conditions, typically at age 60 in Japan and age 55 in Korea. Three factors have contributed to shaping the path of the policy reforms in both the countries, namely: the productivist welfare regimes; the structure of the labour market for young workers; and wage and compensation systems that are based on seniority. This article reviews the literature on retirement in Japan and Korea, and considers the effectiveness of the reforms for these countries, including international implications. (RH).
Accession Number	CPA-180112207 A
Classmark	G5: G5A: WKA: 64A: 7DK: 7DT
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...from the Ageinfo database published by Centre for Policy on Ageing.