Lithuania has launched a campaign to draw attention to the problems of an ageing population and to the need for initiatives to prolong the working life of Lithuanian workers.
“Our country’s competitiveness in the coming years will depend on how we manage to ensure the productivity of older workers and how long we will be able to keep them in the labour market,” said Vaidotas Levickis, Deputy Director General at the Lithuanian Business Employers’ Confederation.
Lithuania‘s State Labour Inspectorate has started a two year campaign under an EU-wide initiative and the head of the Inspectorate, Gintaras Čepas said Lithuania and the whole EU will face a shortage of skilled labour in the future forcing it to increase labour productivity in the long term.
Levickis of the employer’s confederation said that Lithuanian employers do not always come up with an attractive proposition for older people to keep working but that the most competitive EU economies have already found ways to convince older workers to stay in the workforce.
The retirement age in Lithuania is currently 63 years and four months but it is set to increase each year reaching 65 years by 2026.