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In response to an unparalleled rate of population aging over the past few decades, Japan and Korea have been reforming their retirement policies to delay the retirement of their older workers. In both... countries, to date, while the age of mandatory retirement has increased, employees continue to face significant decreases in quality of employment – including employment status and compensation –typically at age 60 in Japan and age 55 in Korea. Based partly on stakeholder interview data, this article uncovers three factors that have commonly contributed to shaping the path of the policy reforms in both the countries, including: (1) the ‘productivist’ welfare regimes; (2) the labor market structure for younger workers; and (3) seniority-based wage system.続きを見る
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