8/20/2013 – Retirement ticker tracks federal loss of institutional knowledge

Aug 20, 2013 Comments Off by

Forty-six days of experience every second. That’s how much institutional knowledge disappears from the government every second because of federal-worker retirements, according to a new ticker from the National Active and Retired Federal Employees Association.

The retirement wave is not unique to the federal government. The number of Americans aged 65 years or older will double to 80 million over the next three decades, according to the Stanford Center on Longevity, a think tank that studies the challenges facing future seniors. That means the U.S. workforce is on the cusp of a retirement boom.

Read the full article at The Washington Post.

Center, financial security 2013, Longevity News 2013

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