Work longer, save more: Western recipes for solving pension issues

Shestakova E.E.


Basing on the experience of OECD countries the main directions of preparation of labor market for changes in the pension sphere are analyzed: the use of financial and administrative impetus to extend the employment of older age persons, reorganization of employers hiring policy, the improvement of continuing education, the need to take into account career breaks when forming workers’ pension rights.


population ageing funded schemes, early retirement, age discrimination, employment rate, financial incentives, occupational schemes, private pension savings, automatic enrollment.

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