Income from work – the fourth pillar of income provision in old age
Gabriel H. Sahlgren, IEA, January 2014
The benefits of increasing labour participation rates in old age flow both to the individual – in terms of improved health and increased incomes – and to society as a whole as greater employment at older ages will reduce the costs of ageing populations. Furthermore, less government involvement through state pension schemes, disability insurance and employment regulation increases the ability of individuals to determine their own work and retirement patterns.
EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).
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