9/25/2013 – Bring back mandatory retirement?

Sep 25, 2013 Comments Off by

Life without mandatory retirement is hard.  Compensation and health-care costs tend to increase with age, and in many – albeit not all – cases productivity declines.  Employers can dismiss older workers who cannot do their jobs.  But that is a very unpleasant task for both parties.  The elimination of mandatory retirement combined with the shift from defined-benefit pensions to 401(k) plans also means that retirement is a much less predictable and orderly event than it has been in the past.

 

Read the full article at MarketWatch.

financial security 2013, Longevity News 2013

About the author

The author didnt add any Information to his profile yet