IDEAS home Printed from https://ideas.repec.org/p/rnp/wpaper/w20220109.html
   My bibliography  Save this paper

Working Pensioners in the Russian Labor Market
[Особенности Положения Работающих Пенсионеров На Рынке Труда В России]

Author

Listed:
  • Lopatina, Marina (Лопатина, Мария)

    (The Russian Presidential Academy of National Economy and Public Administration)

  • Lyashok, Viktor (Ляшок, Виктор)

    (The Russian Presidential Academy of National Economy and Public Administration)

Abstract

The problem of working pensioners in Russia is becoming more and more relevant in the context of the increase of the retirement age. The situation of this population group differs significantly from other groups on the labor market, as shown by numerous studies. This work focuses on the analysis of changes in this situation by 2022, four years after the start of the pension reform. It shows, on the one hand, an increase in employment in the age groups affected by the reform, and an increase in the length of working careers. A negative consequence of raising the retirement age was an increase in unemployment in older age groups and an increase in age-related wage differentials. On the other hand, the situation of working pensioners remains virtually unchanged compared to earlier studies. The highest proportion of the elderly are in budget-funded sectors, among those with a high level of education, and among specialists with medium and high qualifications. In light of this study, the problem of pension provision for working pensioners in Russia seems unresolved. The possibility of combining pensions and labor income leads to dramatic changes in the financial situation of senior citizens after they reach retirement age and for a short period of such a combination. At the same time, the reform currently underway to raise the retirement age should reduce the gap between retirement age and the age of exit from the labor market.

Suggested Citation

  • Lopatina, Marina (Лопатина, Мария) & Lyashok, Viktor (Ляшок, Виктор), 2022. "Working Pensioners in the Russian Labor Market [Особенности Положения Работающих Пенсионеров На Рынке Труда В России]," Working Papers w20220109, Russian Presidential Academy of National Economy and Public Administration.
  • Handle: RePEc:rnp:wpaper:w20220109
    as

    Download full text from publisher

    File URL: https://repec.ranepa.ru/rnp/wpaper/w20220109.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    working pensioners; raising the retirement age; pension reform; labor market exit factors; work continuation factors; employment at older ages; pension provision; pension provision for working pensioners;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rnp:wpaper:w20220109. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: RANEPA maintainer (email available below). General contact details of provider: https://edirc.repec.org/data/aneeeru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.