Change in the Institutional Environment to Extend the Individual Period of Active Work Life

The article considers the demographic, legal and social problems of the employment of older and elderly people in the professional and business sphere. Based on the example of Germany, Russia, and Ukraine, it is shown that decline of the birth rates that started in the 1960s has led to a significant decrease in the potential replacement rate and the demographic support rate. This fact, in addition to the high mortality rate in the working age, became the main reasons for the reduction in the number of labor resources. Under these conditions, one possible approach to the problem of labor resources is the use of the labor of pensioners. In this regard, problems of pension legislation and labor legislation in relation to the elderly have been revealed. It is shown that there is an urgent need for the formation of a new, positive image of old age in society.