The reduction in the numbers of people of working age underscores the need to ensure that older workers can continue in employment for longer than at present.
The working career of older workers can be prolonged by maintaining work ability, having flexible working hours and by altering working tasks if their work ability becomes impaired.
Not yet retired
Just as there has been an increase in people's life expectancy and active years, so time spent in employment can also increase. Older people are now in better shape than before and it is worth investing in maintaining their work ability.
By upgrading working conditions and wellbeing at work, older employees will be motivated to remain at work. Management has to take into account factors associated with ageing so that employees can achieve their own and their employers' plans and objectives.
People can still be involved in working life if they already draw their pension.
The longer you work the better your pension
The life expectancy coefficient is a mechanism that affects the amount of old-age pension, in preparation for longer life spans. If the average life span continues to rise, the life expectancy coefficient will have a decreasing effect on monthly pensions.
The pension level may be improved by spending part of one's extended life span in paid employment.