People today are living longer than ever before, but what is a boon for individuals
can be challenging for societies. If nothing is done to change existing work and retirement
patterns, the number of older inactive people who will need to be supported by each
worker could rise by around 40% between 2018 and 2050 on average in the OECD area.
This would put a brake on rising living standards as well as enormous pressure on
younger generations who will be financing social protection systems. Improving employment
prospects of older workers will be crucial. At the same time, taking a life-course
approach will be necessary to avoid accumulation of individual disadvantages over
work careers that discourage or prevent work at an older age. What can countries
do to help? How can they give older people better work incentives and opportunities?
This report provides a synthesis of the main challenges and policy recommendations
together with a set of international best practices to foster employability, labour
demand and incentives to work at an older age.