One in four will work until they are 72 years

On average, people want to work four years longer now than ten years ago, shows the annual senior barometer.

Employees want to work longer than they actually do. (Photo: Frank May, NTB scanpix / ANB )

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Workers say they will retire when they are 66.1 years. One in four said they would like to work until they are 72 years. In reality people 63.1 years when they withdraw from the labor market.

On average, people want to work four years longer now than ten years ago, shows the annual senior barometer.

- There is a very good figure and a very high average. The challenge is that people retiring much earlier than they want. Much would actually have been achieved if we had worked so long as we say we will do, says Director Kari Østerud in Centre for Senior Policy (SSP) said.

The economic benefit by older continues one year working longer corresponds according SSP about 30,000 employees and 30 billion in increased value creation.

- The goal of pension reform five years ago was to get people to stay in work longer. We need greater efforts if we are to achieve the goal of people to work longer, and as long as they want, says Østerud.

• See also: LO warns annuity bomb

most satisfied

"Norwegian Senior Policy Barometer 2016" conducted by Ipsos on behalf of SSP to examine attitudes to senior political issues in the workplace.

Director Kari Østerud in Centre for Senior Policy. (Photo: NTB scanpix / ANB )

- In general, the numbers stable. We have for some time been this positive development where people want to work longer, but it seems to stagnate a little, says Østerud.

The responses from workers over 60 years shows that they are healthier than before, they feel a greater degree than other workers that they master their work and looking forward more to go to work than others. This is reflected in the attitudes of managers and workers: As many as eight out of ten believe that those over 60 have at least as good work performance as those under 60 years.

Østerud points out that it is not as startling:

- Those who stand in the job after 60 years, do so because they are motivated, thrive and have an in-demand skills. But there are more than those who are still able to work and enjoyed it.

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Will step aside

One reason why people go before retirement, is probably the attitude of letting younger drop to when a company must downsize. The proportion who think that the elderly should be terminated before the younger, has increased from 23 percent in 2014 to 29 percent this year.

The challenge is that people retiring much earlier than they want.

KARI ØSTERUD, DIRECTOR OF THE CENTER FOR SENIOR POLICY

- One in three workers over age 60 say they are willing to go to escape the young forward, even if they really want to work anymore. It builds on a notion that one can retire away unemployment. But there is a huge misunderstanding. Increased labor force participation among older is essential to ensure the welfare ahead.

Østerud want a confrontation with the attitudes of society.

- On average, considered people older when they are passed 58 years, and being older is often associated with something negative. Managers are more positive towards older the older they are themselves, women are slightly less negative than men and older workers is quite harsh on himself. But age is just a number.Restructuring ability and learning ability is just as good. (AFP)

FACTS ABOUT SENIORS IN THE WORKPLACE

• Workers say they will retire when they are 66.1 years.
• This is an increase of over four years since 2006.
• Actual retirement age is 63.1 years, which is 2.6 years more than ten years ago.
• Another measure of performance is a wide gap between produced FTEs and life expectancy.
• After filling 50 years is expected participation rate 11.6 FTEs and life expectancy 33.6 years.
• Between 2005 and 2015 is expected participation rate increased by 1.7 FTEs, while life expectancy increased by 1.6 years.
• Unemployment increased most for those over 60 years and has increased 8 percent over the past year age group 50-59 years it has increased by 7 percent.
• For all age groups under 50 years, unemployment has declined over the past year.
• Those who disappear from the labor market after age 60, comes to a lesser degree in the job than others.
• Eight out of ten believe workers over 60 years performing as good as those under 60 years. (Sources: Ipsos survey, "Norwegian Senior Policy Barometer 2016" and Nav)

FACTS ABOUT PENSION REFORM FROM 2011

• Makes it possible to work next to the pension without curtailment. Meanwhile, the pension is greatly reduced when it is taken out early.
• Vesting rules have also been changed, and the concept of life expectancy adjustment is introduced. This means that your pension will be lower if the life expectancy of the age cohort your increases. Disability pensioners are also covered by the pension reform principle of life adjustments, but they screened for half the effect.
• Employees of state and municipality is not covered by the pension reform. When negotiations on new rules for public pensions broke down in 2009, the parties agreed to continue the old pension scheme.
• Public employees who have turned 67 are entitled to pensions only when they cease to work. If you choose to continue to work, one can take out Insurance, but not pensions. (AFP)