**Ageing Workforce in the Baltic Sea Region**

1. Ageing Workforce, Social Cohesion and Sustainable Development – Political Challenges within the Baltic Sea Region Dr Ann Zimmermann Population Europe, Max Planck Institute for Demographic Research Baltic Sea Labour Forum ROUND TABLE Riga, 18. April 2018

2. Ageing Workforce, Social Cohesion and Sustainable Development – Political Challenges within the Baltic Sea States Financed by CBSS Project Support Facility (PSF) from January – September 2018 Lead Partner: Population Europe / Max Planck Institute for Demographic Research Co-Partners: Warsaw School of Economics, Lund University Project

3. Population Ageing is inevitable in most of the Baltic Sea States. For the next four decades, neither an increase in birth rates, nor increased immigration alone can substantially compensate for the effects of population ageing. Increase of labourforce participation: Better usage of the potentials we have, especially older workers and women. Increase of productivity: Investment in human capital by improving and maintaining cognitive abilities throughout the life course. The economic burden of population ageing is not a demographic destiny, but depends on the productivity of tomorrow’s workforce and how we make use of it. Background

4. Identification of challenges and opportunities for policies fostering the labour force participation of older people. Knowledge exchange and policy dialogue to contribute to evidence-based decision-making and to support the development of sustainable policies. Aims of the project

5. Discussion Paper Stakeholderdialogue: • High-level policy expert meeting • Public paneldebate Policy Brief Dissemination Output

6. on patterns, preconditions and challenges of the employment of older people on policy approaches, best practices and social innovations aiming at increasing the employment level of older people contributionfromresearchersandpolicymakersfrom 11 countries EU level (PE), interregional perspective (CBSS) Discussion Paper

7. Authors from Research

8. Employment rates of age group 55-64 (%) and statutory retirement age in 2016 67 61-67 62-75 65 65 63 63 62 62-68 65/60 Source: Eurostat

9. Retirementage Early retirementregulations Possibility to supplement pension income with earnings from work Level of pensionbenefits Regulatory factors affecting the level of employment of older people:

10. Employment rates of workers age 55-64 in Germany 1970-2016 Source: OECD, http://stats.oecd.org/viewhtml.aspx?datasetcode=LFS_SEXAGE_I_R&lang=en

11. Employabilityof olderworkers (health, qualification, jobsatisfaction) Age discrimination Increasingsocialinequalitiesandnewvulnerabilities Challenges

12. Flexible and gradual retirementschemes Measuresto promote goodhealth Incentives and practicalsystems for life-longlearningand adult education Adaptation of jobconditionsandworkplacesto the needs of olderpersons Anti-age-discriminationpolicies Policy recommendations

13. Thank you! zimmermann@demogr.mpg.de