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Maybe not what the OP had in mind, but the more you work after a certain age (I’d say 60) the sooner you die because of that work, especially if we’re talking non-office work.

So, in a way, what the OP suggests will have a double “advantage”: people working longer, i.e. less pensions to pay, and people dieing sooner as they retire, so, again, less pensions to pay. Of course, it would suck massively for the common man, but that’s not an issue anymore, as nobody seems to care for the common man any longer.

Canada had it at 67 for awhile, but it recently got pushed back down to 65. IMO, it should have stayed at 67.

Raising the retirement age isn't about getting more work out of people, but reducing the number of years the state has to pay retirement benefits.

Especially in housing, manufacturing and food, which is what the shortages are purported to be in