Ageing And Employment Policies/vieillissement Et Politiques De L'emploi: United Kingdom 2004

This report, part of a series covering around 20 OECD countries, contains a survey of the UK's main barriers to employment for older workers, an assessment of the adequacy and effectiveness of existing measures to overcome these barriers, and a set of policy recommendations to further action by public authorities and social partners. These recommendations are designed to alleviate some of the pension and health care pressures governments are facing because of ageing populations. Executive Summary and Recommendations Introduction Chapter 1. The Challenge Ahead -The Demographic Realities Potential Economic and Social Repercussions Key Factor: The Labour Market Behaviour of Older Workers Chapter 2. The Labour Market Situation of Older Workers -Older Workers in the Labour Force Mobilising Labour Supply: Balancing Flexibility and Hours Worked Non-Employment among Older Workers Chapter 3. Striking the Right Balances: Income Support and Work Incentives for Older People -An Overview of the Income Security System Is the UK's Retirement System Sustainable? Impact of Pension and Other Welfare Benefits on Work Incentives Conclusions -Towards a Balanced Approach Annex 3.A. The UK Pension System First Tier: Basic State Pension and the Means-Tested Benefit System Second Pillar: Earnings-Related Pensions Third Pillar: Additional Forms of Voluntary Savings Chapter 4. Encouraging Older Workers to Hire and Retain Older Workers -Allowing Olders Workers to Carry on Working Labour Costs Chapter 5. Strengthening Older Workers' Employability -Education and Training Levels of Older Workers Promoting Employment and Labour Force Participation More Generally Alternative Ways of Boosting Labour Supply Pushing Ahead with a Comprehensive Package of Measures Bibliography In the face of rapid population ageing and the trend towards early retirement, there is a need to promote better employment opportunities for older people. Much has been said about the need for reform of old-age pensions and early retirement schemes but this may not be sufficient to raise employment rates for older people significantly or to reduce the future risk of labour shortages This Report Contains A Survey Of The Main Barriers To Employment For Older Workers, An Assessment Of Measures To Overcome These Barriers, And A Set Of Policy Recommendations For The United Kingdom.