OECD-ADBI Roundtable on Insurance and Retirement Saving in Asia

The COVID-19 pandemic has had profound implications for the availability and affordability of insurance coverage across various lines of business and the adequacy of retirement savings. At the same time, insurance and retirement savings markets continue to be affected by catastrophe risks, digitalization, employers’ responsibility and involvement, and risk management for long-term care and health insurance amid the region’s aging populations.

Health Capacity to Work at Older Ages: Evidence from Japan

The labor force participation rate among Japanese men and women over the age of 65 has increased since 2010. This research shows that older people in Japan have a significant capacity to work at older ages. A follow-up study found, however, that after retirement salaried men who held jobs at age 54 have few employment opportunities and tend to become underemployed.

John Piggott

John Piggott is Director of the ARC Centre of Excellence in Population Ageing Research (CEPAR) and of the Australian Institute for Population Ageing Research at the University of New South Wales, Australia, where he is Scientia Professor of Economics. He has a long-standing interest in retirement and pension economics and finance. His publications include more than 100 journal articles and chapters in books. He has also co-authored two books, both published by Cambridge University Press. In 2016 he co-edited two volumes on aging.