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Centre for Policy on Ageing | |
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| Policies for a smoother transition from work to retirement | | Author(s) | Kazutoshi Koshiro |
| Journal title | Journal of Aging & Social Policy, vol 8, nos 2/3, 1996 |
| Pages | pp 97-113 |
| Source | http://www.tandfonline.com |
| Keywords | Employment of older people ; Retirement policy ; Preparation [retirement] ; Pensions ; Japan ; United States of America. |
| Annotation | Japan has maintained a relatively high labour force participation rate among older people. Although the rate declined steadily until the mid-1980s, the trend has since reversed and the participation rate is expected to rise in the future. In contrast, the labour force participation of older people has sharply declined in the United States and European countries, especially since the 1970s. This article explores why Japan's experience differs markedly from other advanced countries. Improved pensions have strong influence toward early retirement, even in Japan. However, other factors such as a low replacement ratio, improved health, and several loopholes in the income test of the pension system push up the participation rate of older people. The government also encourages active labour force participation of senior citizens by introducing reformed partial working pensions and wages subsidies for workers in their second and third careers. |
| Accession Number | CPA-960306506 A |
| Classmark | GC: G5: GA: JJ: 7DT: 7T |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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