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Promoting active aging in Russia : working longer and more productively (English)

A shrinking working-age population will be the Russian Federation's biggest demographic challenge in coming decades. With workers increasingly scarce, sustainable future economic development depends on Russia's ability to bring into the labor force currently under-utilized groups, such as young mothers and older people, and to maximize the productivity of every worker. This study assesses the projected dynamics of the working-age population and how changes in labor force participation may affect the future workforce. It also assesses the potential contribution of individual factors to either facilitate or deter the participation of older Russians in the labor force. A review of disincentives for labor force participation in current social insurance programs and labor institutions is followed by policy proposals to help prolong the working lives of older adults.

Details

  • Author

    Levin,Victoria

  • Document Date

    2015/09/12

  • Document Type

    Working Paper

  • Report Number

    99504

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Russian Federation,

  • Region

    Europe and Central Asia,

  • Disclosure Date

    2015/09/14

  • Disclosure Status

    Disclosed

  • Doc Name

    Promoting active aging in Russia : working longer and more productively

  • Keywords

    retirement age;older worker;labor force participation;Social Protection & Labor Global;working-age population;female labor force participation;working life;labor force participation rate;increase in labor;working pensioner;focus group;poor health;Young Workers;labor income;chronic health condition;marginal effect;health care system;social security contribution;number of workers;social insurance program;education and health;labor market activity;household survey data;number of immigrants;impact on productivity;data on immigration;total fertility rate;normal retirement age;notional account system;flexible work arrangement;world health organization;human capital;university education;disability status;life expectancy;insurance pension;older adult;old people;labor institutions;life satisfaction;mental ability;heart attack;employment separation;retirement decision;pull factor;chronic heart;alternative scenarios;household characteristic;household income;work life;older individual;benefit rate;future labor;earlier retirement;older woman;mandatory fund;net immigration;Population Aging;age structure;skill mismatch;marital status;old age;high probability;Vocational Education;hazard rate;idiosyncratic shock;standard error;old-age pension;Gender Gap;pensionable age;demographic projection;demographic challenge;funded component;age pyramid;

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Citation

Levin,Victoria

Promoting active aging in Russia : working longer and more productively (English). Russian Federation aging project Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/157901468190167727/Promoting-active-aging-in-Russia-working-longer-and-more-productively