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The Elderly In The Labor Market After The Pension Reform In Croatia

As the population of the Republic of Croatia gets older, more and more people retire. According to statistical indicators, the life expectancy of the population of the Republic of Croatia is increasing. At the same time, the process of depopulation and emigration is underway. Data showing that 189074 people emigrated from Croatia upon accession to the European Union. The particularly negative side of emigration is that working-age people with children leave Croatia, which reduces payments to the pension fund and leads to a real fall in the value of pensions, but also to a lack of workers. That is why the pension reform has been implemented in Croatia since 01.01.2019. Laws have entered into force that allow older people to remain in the labor market but also retain retirement rights. The hypothesis of this paper is that reforms allows easier inclusion of the elderly in active work after retirement. The paper outlines the main determinants of the pension reform, which changes has she brought, how current pensioners view pension reform, and how current employees prepare for retirement. Listed are the laws that have undergone changes to the pension reform, which came into force on 01.01.2019. Interviews were conducted with currently employed persons and retired persons, which outlined their experiences and expectations, but these persons do not represent a large enough sample. The first experiences of employed retirees are listed.

Zrinka Lončarić
Alma Mater Europea
Croatia

Vedran Martinez

Croatia

 


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