Live Longer, Work Longer | Purchase the report Statistics on
average effective age and official age of retirement in OECD
countries One indicator of retirement behaviour that abstracts
from more general factors affecting the level of participation
rates is the average effective age at which older workers
withdraw from the labour force – for the sake of brevity, this
will be referred to as the effective age of retirement. In most
countries, the effective age of retirement is well below the
official age for receiving a full old-age pension. Japan and
Korea are notable exceptions where the effective age of
retirement is close to 70 for men despite an official retirement
age of 60. In other countries, men on average are still in the
workforce at age 65 in Denmark, Iceland, Ireland, Portugal and
Switzerland, but have left work by their 60th birthday in
Austria, Belgium, France, Hungary, Luxembourg and the Slovak
Republic. Women, in general, retire around one to two years
earlier than men. In almost all OECD countr