May 2026

The Impact of Corporate Employment: Minimum Wage or Social Insurance Policy? — Evidence from China

By Junpeng di, Wanhe li & Mingyuan zhang China's minimum wage standards and enforcement have been on the rise, and the academic community generally believes that minimum wage increases enterprise labor costs and has an important impact on employment. However, less attention has been paid to social insurance, which is also a cost for Chinese companies. This paper considers both minimum wage and social insurance policy at the same time, and firstly analyzes the influence mechanism of the two on...

April 2026

Greece. ‘They treat me like a dog’ – 89-year-old opens fire in Athens office over long-running pension dispute

An 89-year-old man opened fire inside a social security office in central Athens and later at a courthouse, injuring five people. According to his own statements, the incident was driven by a long-running dispute over his pension and a sense of injustice. The shootings unfolded on Monday at an office of Greece's main social security body, EFKA, in the Kerameikos area of Athens. Five people were injured, including employees and members of the public, inside the building at the time. None of the injuries...

The Welfare Effects of Protecting Older Workers

By Todd Morris, Stefan Staubli & Benoit Dostie We evaluate the welfare effects of five provincial mandatory retirement bans in Canada from 2005 to 2009 using linked employer-employee tax data. The bans sharply reduce retirements at age 65, with sizable announcement effects and heterogeneity across industries. Post-65 employment and earnings rise at least 14%, with gains comparable to a two-year increase in pension-eligibility ages. Older workers save more and spouses postpone retirement, benefiting public finances, with no observable effects on...

Mobile seniors and local economic development

Despite population ageing worldwide, little is known about the economic effects of retiree immigration. Using data from France over 1968–2008, this column documents retiree migration patterns and their implications for local economies. Around the statutory retirement age, retiree mobility increases, predominantly towards poorer and more rural areas. Their arrival leads to significant local economic gains, including increased employment, more construction, and higher local tax revenues. Mobile seniors have become a significant force for reducing the concentration of employment and...

The Impact of Ageing on the Fiscal Sustainability of EU Health Care Systems: Projections and Policy Responses

By Boriana Goranova & Santiago Calvo Ramos  This Economic Brief analyses the effects of the expected population ageing on the public expenditure on health care in the EU, discusses the different policy options and finally describes the activities in this field by the European Commission. Get the report here  

March 2026

Elder justice: How society can protect older adults

About one in 10 older Americans experiences some form of abuse or neglect — something that’s often hidden in plain sight. Why and how do our social support systems fail older adults? On this episode of Aging Forward, lawyer and elder justice expert M.T. Connolly talks about the situations in which elder abuse can occur, how society focuses on preventing aging instead of aging well, and shares her vision of community-based approaches for reducing harm. Read the transcript: Christina Chen, M.D.: It’s estimated that...

Mortality Risk Valuation in Policy Assessment. A Global Meta-Analysis of Value of Statistical Life Studies

By OECD Policymakers are often faced with decisions affecting human health and mortality risk. For example, new vehicle fuel efficiency standards may lead to higher costs for consumers but could also save lives by improving air quality in urban areas, thus creating a trade-off between economic costs and the value of reducing mortality risk. Yet, too often, these economic trade-offs are not assessed in a systematic manner using a consistent methodology. This report aims to equip policymakers with the methodologies and economic...

February 2026

Retirement Under Policy Uncertainty

By Piera Bello, Vincenzo Galasso & Alessandro Izzo This paper examines how policy uncertainty influences retirement decisions. We develop a simple model in which individuals face a one-time choice between immediate retirement and continued employment until the statutory retirement age. In the absence of policy uncertainty, retirement decisions depend solely on the standard income–leisure trade-off. When future pension reforms are uncertain, however, individuals also take into account the perceived risk of increases in the retirement age or reductions in benefit...

OECD Employment Outlook 2025. Can We Get Through the Demographic Crunch?

By OECD The OECD Employment Outlook looks at the latest labour market developments and prospects in OECD member countries. This edition also discusses the enormous challenges population ageing poses to living standards and social cohesion more generally. The consequences of an ageing workforce for productivity growth are also analysed. Without swift changes in policies and behaviours, GDP per capita growth will slow down significantly in most OECD countries. Integrating under-represented groups in the labour market will help offset ageing, in particular older...

January 2026

Pension Saving in a Gendered Lifecourse

By Hayley James Despite automatic enrolment in work pension schemes, private saving for pensions in the UK is relatively low, with most people under-pensioned in later life and reliant on the state pension. In this book, Hayley James shows that equally significant is that women save far less for old age than men. Indeed, her detailed research reveals the ways in which pension saving, as an everyday practice of finance, is shaped by gender and how this evolves over the...