Working after Retirement in Brazil: An Analysis of the Workers' Characteristics and the Labor Market Rigidities

Bernardo Lanza Queiroz, Department of Demography – Universidade Federal de Minas Gerais
Laeticia R. De Souza, Population Studies Center - University of Campinas

As national populations age, increasing pressure on public pension programs, a central policy recommendation for many years have been to raise labour force participation among older individuals, thereby mitigating at least some of the effects of population aging on public expenditures. However, despite political intentions, life expectancy increases in many ageing economies has in recent decades been accompanied by a decline in the labor force participation of older workers. Recent pension reforms in developing countries, including Brazil, aim to increase older workers' labor supply. This paper analyzes the demand for work and labor supply, and return to work after retirement in Brazil. We also aim to investigate the existence of (higher) labor market discrimination against older workers in Brazil taking into account characteristics such as age, sex and race/skin color.

Presented in Session 62: Working Life and Work in Old Age