chapter  10
17 Pages

Re-employment after retirement: activation strategies for older people in Taiwan

ByHSIU-JEN YEH, SHU-ER WEI, AND JEN-DER LUE

Introduction Currently, the labour force participation rate (LFPR) in Taiwan for the older population is low compared to that of many other OECD countries, even European welfare states with early retirement policies. There has been a substantial body of literature on work and aging in Western countries (Ross 2010), but few studies, and fewer empirically based investigations, on the situation in Taiwan. The low LFPR of the older population in Taiwan, coupled with the aging population and low birth rate, has become a signifi cant social policy issue because the dependency ratio is predicted to double in a mere 44 years – from 39.13 in 2006 to 80.42 in 2050 (Hsueh & Wang 2010). The Taiwanese government repeatedly points out that the consequent fi scal burden could have a serious impact on Taiwan’s competitiveness and economic power. Finding ways to increase the LFPR and the social integration of seniors is not only an economic issue; it is an issue that defi nes the social identity of seniors within the citizenry. Older workers increase tax revenues and personal savings, reduce claims on state pensions, and contribute to a nation’s competitiveness (Biggs, Fredvang, & Haapala 2013).