The government wants to raise the working age limit from its current threshold of 65 to 70 as part of efforts to promote economic growth in the fast-graying country, a draft plan compiled by a government panel showed Thursday.
The draft midterm report by the committee, which is responsible for coming up with the government's growth strategy, also calls for big firms to disclose the percentage of different age groups among their employees — a move aimed at promoting mid-career employment among companies in an environment where many people are recruited freshly out of school.
The plans will likely be decided at a meeting of the Council on Economic and Fiscal Policy on Monday to serve as a basis for an action plan to be created next summer.