4914.0.55.001 - Newsletter: Age Matters, Apr 2004
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 11/05/2004
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DID YOU KNOW? In general, the Australian Public Service (APS) is older than the wider Australian workforce. In June 2003, 37.6% of the APS was aged 45 years and over, compared with 35.0% of the total Australian workforce.Age profile Table 1 shows how the APS is ageing. Proportionally, the only age groups experiencing an increase over the last 10 years were the 45-54 years (22.1% to 29.3%) and the 55 years and over (5.6% to 8.3%). In June 2003, 37.6% of the APS population was eligible for retirement within the next 10 years. Table 1: Ongoing Staff: Age Group by Sex, 1994 - 2003
Classification profile As shown in Table 2, more than one-fifth (22.8%) of those employed in the APS were aged 45 years and over in either middle or senior management positions (APS5 and above). Table 2: Ongoing Staff: Classification by Age Group, 30 June 2003
Source: Australian Public Service Statistical Bulletin 2002-03 Separations profile Table 3 shows that of those who left the APS between 2002 and 2003 and were eligible to retire (ie. aged 55 years and over), 71.0% left due to age retirement with a further 23.0% leaving due to retrenchment. Almost two-thirds (64.1%) of the eligible retirees were in the 55-59 years age group. Those aged 50-54 years accounted for 15.6% of resignations. Included in this age group are those who resign just prior to there 55th birthday and who benefit from the financial incentives of the Commonwealth Superannuation Scheme (CSS). Table 3: Separations of Ongoing Staff: Age group by Separation Type, 2002-03
- nil or rounded to zero Source: Australian Public Service Statistical Bulletin 2002-03 Data in this article have been taken from the Australia Public Service (APS) Statistical Bulletin 2002-03. More detailed commentary of the age profile of the APS can be found in the State of the Service Report 2002-03, produced by the Australian Public Service Commission. Government initiatives to address the ageing workforce include the Commonwealth Department of Treasury's Australia's Demographic Challenges released in February 2004. This report outlines policies to increase labour force participation levels. A focus throughout the report is on the mature age workers and encouraging their participation in the workforce beyond the age at which they would normally retire. In March 2004, the Commonwealth Department of Family and Community Services launched its Mature Workers' Strategy, a plan for encouraging and supporting people to continue to work beyond the age at which they would normally retire. Document Selection These documents will be presented in a new window.
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