Tuesday, October 25, 2005

[IWS] AARP: ROLE of OLDER WORKERS: EU, JAPAN, USA [October 2005]

IWS Documented News Service
_______________________________
Institute for Workplace Studies                   Professor Samuel B. Bacharach
School of Industrial & Labor Relations           Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor                    Stuart Basefsky
New York, NY 10016                        Director, IWS News Bureau
________________________________________________________________________

AARP Public Policy Institute

Rethinking the Role of Older Workers: Promoting Older Worker Employment in Europe and Japan
Research Report, October 2005
http://www.aarp.org/research/work/retirement/ib77_workers.html
or
http://assets.aarp.org/rgcenter/econ/ib77_workers.pdf
[full-text, 32 pages]

Older worker employment and retirement trends in the European Union (EU) and Japan as well as the United States are examined in this Issue Brief by Sara E. Rix of the AARP Public Policy Institute. The brief presents responses by the EU and Japan to the aging of their populations and the soaring costs of pensions, with an analysis of their goals and initiatives to foster older worker employment.

In Japan, worklife extension is encouraged by raising the pensionable age and providing subsidies for employers to hire and retain older workers.

In Europe, efforts to prolong working life include
   * removing incentives to retire early
   * reforming pension policies to reward later retirement
   * providing more flexible work and retirement options
   * banning age discrimination
   * educating employers about potential labor shortages

The EU has set ambitious older worker employment goals for its member countries and has put pressure on these countries to reach the established targets. Older workers in the United States, in contrast, have not been the focus of this kind of sustained high-level attention, and there are no official goals or objectives regarding their employment or retirement age. (32 pages)

Pub ID: IB77
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Stuart Basefsky                   *
Director, IWS News Bureau                *
Institute for Workplace Studies *
Cornell/ILR School                        *
16 E. 34th Street, 4th Floor             *
New York, NY 10016                        *
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Telephone: (607) 255-2703                *
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