Change of the Labour Market Exit Age of Older Poles

Abstract

The need to increase economic participation of older people in Poland was an important public policy issue since the end of 20th century. One of the reasons for the 1999 pension system reform was to make people retire at higher ages. In recent years, policies to encourage longer stay in the labour market, focus more on active labour market policies or tax incentives. The paper presents the dynamic estimates of the age of withdrawal from the labour force in Poland and compares it with changes in activity rates calculated using cross-sectional data. Individual Labour Force Survey data has been used to estimate withdrawal rates for five-year age groups (from 50-54 to 65-70) in 21st century. The results of the dynamic estimates compared with the one based on the cross-sectional data provide information on the outcomes of policy aimed at the extension of the working lives.

Presenters

Anna Ruzik Sierdzinska
Associate Professor, Department of Economics I, Warsaw School of Economics, Poland

Details

Presentation Type

Paper Presentation in a Themed Session

Theme

Public Policy and Public Perspectives on Aging

KEYWORDS

LABOUR FORCE PARTICIPATION RATE, RETIREMENT AGE