The new research, which was published in the journal Demographic Research, shows that increasing labor force participation by as little as 1 or 2 percentage points could allow pension ages to be reduced by one year without increasing the burden on the working population.
"Coping with aging populations is a challenge for most developed countries," says IIASA population expert Sergei Scherbov, who co-led the study with Warren Sanderson, a researcher at IIASA and Stony Brook University.