At a time when many countries are raising their retirement age, with reforms set to accelerate in 2025, the issue of employing older workers is becoming all the more pressing. How can it be ensured that older employees remain healthy and productive until the new retirement age, which can reach 67 and above in some European countries? New laws are being introduced all over the world in an attempt to address this issue, especially as the problem of skills shortages increases the need to keep over-55s in work. This is also a new situation for companies, which need to change the way they look at these experienced employees.
Context
Longer life expectancy and ageing populations are provoking a rethink for governments and businesses. Many countries are gradually raising the legal retirement age to ensure the viability of their pension schemes. This is the case in most European countries, but also in China, which began the process on 1 January 2025. In spring 2024, Singapore also announced an increase in the retirement age from 63 to 64, with effect from 1 July 2026, while the OECD suggested that Costa Rica raise it t
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Article authors
Nathalie Tran
Editor-in-Chief Mind HR