Study: Seven percent of those aged 66 and over continue to work - More Germans work past 66 as health and job type drive late-career employment
More older adults in Germany are staying in work beyond retirement age, according to a new study. The research, led by Marcel Fratzscher of the German Institute for Economic Research (DIW), shows that one in 15 people aged 66 and over remains employed. Health, education, and job type all play a role in this trend.
The study found that around one in five people aged 66 to 69 with good or very good health continues working. Self-employed individuals are the most likely to stay in the workforce, with 37.4 percent still active past retirement age. Men are more likely to keep working than women, while higher education also increases the chances of remaining employed.
DIW head Peter Haan noted that older workers are already helping to ease the country’s growing skills shortage. The report suggests that better health support, training opportunities, and tax or social security reforms could encourage even more people to stay in work longer.
The findings highlight how health and job status influence whether older adults remain in employment. With the right policies, more could be encouraged to keep working. This could further address labour market gaps as the population ages.
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