Working Beyond the Age of Retirement: Patterns and Determinants of Elderly Labour Force Participation in Sri Lanka ; IPS Poverty, Demography and Social Welfare Research Series ; No. 200
The study brings out several important policy implications and has great relevance to the Sustainable Development Goals (SDGs), especially SDG 8 on 'Descent Work and Economic Growth' and SDG 1 on 'No Poverty'. The findings stress the need to ensure the sustainability of the government pension scheme in the face of a rapidly ageing population and rising cost of the current non-contributory scheme. The findings also support the discourse on raising the mandatory age of retirement. Furthermore, there is a need to improve the quality and coverage of the existing social assistance schemes in order to enhance the income security of the elderly.