Oireachtas Joint and Select Committees

Wednesday, 1 October 2025

Committee on European Union Affairs

Eurofound: Discussion

2:00 am

Mr. Ivailo Kalfin:

This issue has different intensity depending on the dynamics of the labour market. When unemployment is high, there is big pressure to let people retire, not work and stay at home in order to have places for others. In periods like now, when there is a clear shortage of people, there is a lot of interest in these people. Retirement is a right. It has to be people's decision to choose to take up this right. Government policy can then facilitate people who have reached retirement age to remain engaged in work through fiscal policy, taxation and so on or it can choose not to facilitate them. This is how to follow the labour market developments. In any case, in many sectors, using the capacity of elderly people for longer is very positive and brings value because these people are usually not very demanding. They do not ask for the highest salaries, promotions or a billion perspectives. They want to be used properly. Of course, life is changing. Some of them have problems with new technologies and things like that. Finding the right place for people with capacity to be involved in work is much better than sending these people home or on cruises around the world and not allowing them to contribute to the economy.

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