Swiss society is ageing. At the same time, life expectancy is increasing. With most workers retiring around age 65, time in retirement is growing and the ratio of retirees to employees is set to soar. These developments bring a range of opportunities but will likely weigh on growth in GDP per capita and increase public spending. They may also…

This report examines how the two global mega-trends of population ageing and rising inequalities have been developing and interacting, both within and across generations. Taking a life-course perspective the report shows how inequalities in education, health, employment and earnings compound, resulting in large differences in lifetime earnings…

The future of mandatory retirement is at least partly driven by changing demographics. In Canada, these demographics include slowing population growth, rapid aging, declining rates of labour force participation, and slowing labour force growth. After reviewing the demographic trends and considering alternate scenarios in labour force…

In recent years, legislative changes, new types of retirement plans, and increases in life expectancy have led to differences in retirement ages. More older adults continue to work. The traditional model of social security, savings, and employer retirement benefits is changing. (Contains 31 notes and references.) (SK)

Today, the work force is employed in different industries, retiring earlier, and living longer, factors not always considered in design of retirement benefits. Changes in pension plans need to recognize increasing job mobility, inflation over a longer retirement period, and trends in personal savings. (SK)

The average retirement age for men shifted from 70 in 1950 to 65 in 1970 to 62 in 1985. Whether the trend toward early retirement has ended depends on interpretation of changes in the last 2 decades, including elimination of mandatory retirement, modifications in social security and pension plans, and increased longevity. (Contains 18 references.)…

This document presents an extensive report on retirement income prepared by the Congressional Research Service at the request of Congressman Dan Rostenkowski. The report consists of an executive summary, an overview of the issue, and a series of background papers. Part I provides an overview of retirement income for an aging population and…

The transcripts of testimony given before the Senate Committee on Aging by the Secretary of the Department of Labor, F. Ray Marshall, and Ewan Clague, consultant and former Commissioner of the U.S. Bureau of Labor Statistics, are presented. Issues reviewed in these statements address the following areas of concern: retirement trends, economic…

The influences that demographic changes may have on the design of private pension plans in the twenty-first century are examined. Major demographic factors to be considered include the aging of the population, declining mortality rate, potential for an even lower mortality rate, improved health for all ages and especially for older workers, and…

This document addresses the issue of the aging American workforce by describing the current demographics of the Chrysler Corporation workforce, reviewing Chrysler's future projections, and discussing some of the changes being implemented by Chrysler to accommodate the aging Chrysler active and retiree population. It compares average ages of hourly…

Japan's rapidly aging population has become a top policy issue, especially as the increasing costs of pensions and medical care are debated. With the highest life expectancy on earth, the Japanese potentially face long periods of retirement, as well as the possibility of long periods of disability. Although family support of the elderly is thought…

Recent trends toward earlier retirement have exacerbated the financial problems facing the Social Security system and many other public and private pension plans. The massive commitment of public and private funds to Social Security and pension funds is partly responsible for the trend to early retirement. This, in fact, was one of the early goals…

This monograph examines the phenomenon of retirement from the perspectives of the individual, the institution, and the socioeconomic system. In the first of five sections, the author looks at the evolution and institutionalization of the concept, discussing the effects of legislative and personnel policies, altered social and economic status, and…

Life expectancy trends are examined from a policy maker's perspective. Since the late 1960's, life expectancy among the U.S. elderly has increased at unprecedented rates, from 70.2 years in 1965 to 74.5 years in 1983. Although unforeseeable events, such as outbreaks of new diseases, are not reflected in the projections, current projections assume…

One of the major structural changes facing European economies is the adjustment to an older and more slowly growing population. Aging and lower fertility rates will result in a smaller proportion of the population being in the working age, especially after the year 2010. Estimates are that by 2030 there could be only 2 employed persons for every…