It's just that sometimes the actual retirement age limit can't be too much of a problem. What's more important is how we should keep our bodies healthy and strong until our retirement age. because now there are even many people who have complained about their health even at the age of under 50 years. Unhealthy lifestyle is the trigger. So it is not surprising that many are unable to work at an age below the retirement limit because they are not healthy.
The retirement age is a separate issue as governments around the world are raising it as pension funds fail to meet their obligations. And even if you take care of your health, which of course you need to do, the pension pays may be too low for you to have enough for the standard of living you are used to, and therefore many people continue to work even after reaching retirement age.
Topic: Retirement Age for Workers - Does this Make Sense? - page 4. (Read 1422 times)
Increasing the retirement age makes sense, IMO. Here in India, the retirement age remains at 60 years and it hasn't been increased for a long time (for some state government jobs, retirement age is as low as 55 years). At the same time, the life span has increased by quite a lot during the last 2-3 decades. And this puts an enormous strain on the government. Every year, an increasing amount is being paid out as pensions and the number of pensioners are exploding. Very soon, pension payments to retired employees will overtake the salary payments to active employees. This situation is not viable.
Quote
France's Constitutional Council on Friday approved an unpopular plan to raise the retirement age from 62 to 64, in a victory for President Emmanuel Macron after three months of mass protests over the legislation that have damaged his leadership.
https://www.cbsnews.com/news/france-retirement-age-raise-64-approved-constitutional-council/
https://www.cbsnews.com/news/france-retirement-age-raise-64-approved-constitutional-council/
This so-called measure has several benefits and drawbacks. The elder employees can benefit from their years of experience if they are retained on the job for longer, which is one advantage. The drawback of this is that many workplaces will report low performance because there is an inverse relationship between a person's success at work and their deterioration in cognitive and physical capacities.
Regardless, what I think is that the government shouldn't shove it down the throat of people. Workers who are approaching retirement age should be given a choice after appraisal to keep working or retire.
What sense does this make? Would you agree or disagree?
Plus, it is really just that right time for those old workers to take retirement and better to relax than to do some job which isnt really that just that right for them to get stressed or worked hard for.
Therefore, they wouldnt really be giving a choice on proceeding but rather they would really be giving a choice on having that optional retirement if they would decide on retiring earlier.
This one does have sense because if they wont really be putting up limits then for sure we would be seeing lots of oldies that would be staying up into their work until they wouldnt be able to move
or would be simply dying.
It make sense in other to accommodate others, people should retire so that they can be receing their pension every month and with their wealth of knowledge as people that has served for a long time, they can help in impacting their knowledge to the new recruit of the sector in other to move the firm's forward.
Due to in my opinion retirement age will be in two ways in first government will think about that person because after 60 age the person not have done duties fast and due this retirement age are need to fixed and also other benefits are chance to get it and not having job person lot is there and other should get that job for new comers due to this retirement are the good opportunity .
It make sense in other to accommodate others, people should retire so that they can be receing their pension every month and with their wealth of knowledge as people that has served for a long time, they can help in impacting their knowledge to the new recruit of the sector in other to move the firm's forward.
It's just that sometimes the actual retirement age limit can't be too much of a problem. What's more important is how we should keep our bodies healthy and strong until our retirement age. because now there are even many people who have complained about their health even at the age of under 50 years. Unhealthy lifestyle is the trigger. So it is not surprising that many are unable to work at an age below the retirement limit because they are not healthy.
The retirement age is a separate issue as governments around the world are raising it as pension funds fail to meet their obligations. And even if you take care of your health, which of course you need to do, the pension pays may be too low for you to have enough for the standard of living you are used to, and therefore many people continue to work even after reaching retirement age. 
When someone reaches retirement age, of course, the expertise he has is very broad and proficient, companies or countries that have someone who retires must be able to take advantage of the potential he has, and the best thing is that prospective retirees must have transferred knowledge and skills since 1 year before retirement .
In my opinion retirement age is beneficial in two ways first of all the government thinks about the rest of that person because after age of 60 a person is not active in managing duties so rest will be needed and other benefit is that there is an opportunity for other individuals to take part in that job because there is large number of individuals who are jobless so this is a good feature to provide opportunity to new comers to join the field.
Although it is true that elder person has lots of experience but this will deprived the other individuals to get a job because that experienced person will always choose for that seat and remaining will not get any job because of little or no experience so this is one of the major drawback if retirement age is not limited.
Although it is true that elder person has lots of experience but this will deprived the other individuals to get a job because that experienced person will always choose for that seat and remaining will not get any job because of little or no experience so this is one of the major drawback if retirement age is not limited.
Regardless, what I think is that the government shouldn't shove it down the throat of people. Workers who are approaching retirement age should be given a choice after appraisal to keep working or retire.
What sense does this make? Would you agree or disagree?
What is the reason for this governement retirement pool? Basically it is creating mismanagement of funds and bureaucacy. Basically you can give the money in the hand of the worker and can let him organize his own retirement plan.
I think the reason for the governement controled retirement pool was to protect financial unedicated workers from losing their retirement investment. So maybe the centralization is the better of two evils. And if you have f.E. the centralized mismanagement and the bureaucracy, than it is okay to raise the retirement age. Basically you can retire with 40 in France. But you will not live good with this small social benefits and the retirement money then with 67. Same fish, different speared.
In my opinion, the age of 64 is very old, it is no longer productive if you are forced to work, in my country, the retirement is 55-60 years. You should give opportunities to those who are younger.
So wrong decision. Because
1. Narrowing down young people who want to find work.
2. It is certain that the level of worker productivity has decreased, it will have a big impact on the company.
President Emmanuel Macron has ignored everything for the sake of the income that the state has received from 2 years of rotating workers' pensions.
So wrong decision. Because
1. Narrowing down young people who want to find work.
2. It is certain that the level of worker productivity has decreased, it will have a big impact on the company.
President Emmanuel Macron has ignored everything for the sake of the income that the state has received from 2 years of rotating workers' pensions.
Workers' retirement ages vary depending on their country, employment sector, profession, and personal preferences. In most nations, the retirement age is between 60 and 70 years old. Nevertheless, due to the aging population and the pressures it places on government pension schemes, several countries are steadily raising retirement age.
Quote
France's Constitutional Council on Friday approved an unpopular plan to raise the retirement age from 62 to 64, in a victory for President Emmanuel Macron after three months of mass protests over the legislation that have damaged his leadership.
https://www.cbsnews.com/news/france-retirement-age-raise-64-approved-constitutional-council/
https://www.cbsnews.com/news/france-retirement-age-raise-64-approved-constitutional-council/
This so-called measure has several benefits and drawbacks. The elder employees can benefit from their years of experience if they are retained on the job for longer, which is one advantage. The drawback of this is that many workplaces will report low performance because there is an inverse relationship between a person's success at work and their deterioration in cognitive and physical capacities.
Regardless, what I think is that the government shouldn't shove it down the throat of people. Workers who are approaching retirement age should be given a choice after appraisal to keep working or retire.
What sense does this make? Would you agree or disagree?
Plus, it is really just that right time for those old workers to take retirement and better to relax than to do some job which isnt really that just that right for them to get stressed or worked hard for.
Therefore, they wouldnt really be giving a choice on proceeding but rather they would really be giving a choice on having that optional retirement if they would decide on retiring earlier.
This one does have sense because if they wont really be putting up limits then for sure we would be seeing lots of oldies that would be staying up into their work until they wouldnt be able to move
or would be simply dying.
The ability to continue working after the age of 50–60 really depends on the ability and circumstances of each person. Some people may still have the skills, knowledge, and physical health necessary to continue contributing to the workforce beyond traditional retirement age. Providing the option for workers to continue working if they are willing and able can benefit both the individual and the economy.
On the other hand, it is important to recognize the challenges that workers in developing countries face, especially those with low wages. In such cases, it may not be feasible or sustainable for them to continue working until the age of 60 due to financial constraints and the need to have enough income to cover living expenses. Governments and employers should consider the economic realities of their countries and strive to ensure that retirement age policies are fair and take into account the specific circumstances of their people.
Each country has different age limits. And indeed it has been adjusted with analytical data related to the majority of the work effectiveness and health of the population in that country at that age.On the other hand, it is important to recognize the challenges that workers in developing countries face, especially those with low wages. In such cases, it may not be feasible or sustainable for them to continue working until the age of 60 due to financial constraints and the need to have enough income to cover living expenses. Governments and employers should consider the economic realities of their countries and strive to ensure that retirement age policies are fair and take into account the specific circumstances of their people.
It's just that sometimes the actual retirement age limit can't be too much of a problem. What's more important is how we should keep our bodies healthy and strong until our retirement age. because now there are even many people who have complained about their health even at the age of under 50 years. Unhealthy lifestyle is the trigger. So it is not surprising that many are unable to work at an age below the retirement limit because they are not healthy.
The ability to continue working after the age of 50–60 really depends on the ability and circumstances of each person. Some people may still have the skills, knowledge, and physical health necessary to continue contributing to the workforce beyond traditional retirement age. Providing the option for workers to continue working if they are willing and able can benefit both the individual and the economy.
On the other hand, it is important to recognize the challenges that workers in developing countries face, especially those with low wages. In such cases, it may not be feasible or sustainable for them to continue working until the age of 60 due to financial constraints and the need to have enough income to cover living expenses. Governments and employers should consider the economic realities of their countries and strive to ensure that retirement age policies are fair and take into account the specific circumstances of their people.
There is no word retirement for people who waste their youth by not saving and investing to prepare for their old age.On the other hand, it is important to recognize the challenges that workers in developing countries face, especially those with low wages. In such cases, it may not be feasible or sustainable for them to continue working until the age of 60 due to financial constraints and the need to have enough income to cover living expenses. Governments and employers should consider the economic realities of their countries and strive to ensure that retirement age policies are fair and take into account the specific circumstances of their people.
It's true that it's not rare, especially in developing countries, there are still many people who rely on their physique to work at a no longer young age just to make a living. or they choose to be homeless or beggars because they are no longer strong enough to rely on their physical work.
For an employee in the government or civil servants, maybe they won't be too bothered to think about their old age because someone guarantees a pension fund every month and that's what happened in my country. but for us ordinary people we have to really think about old age so we don't have trouble.
So while you are young, make the most of this time. Creating an independent business is one way to guarantee your old age. Besides that, don't forget to save your money to answer future problems.
When old age or retirement age is your time with your family, avoid physical work that takes up a lot of time and endangers your health.
Investing is one way to increase your wealth and savings without taking up a lot of time and endangering your health.
Quote
France's Constitutional Council on Friday approved an unpopular plan to raise the retirement age from 62 to 64, in a victory for President Emmanuel Macron after three months of mass protests over the legislation that have damaged his leadership.
https://www.cbsnews.com/news/france-retirement-age-raise-64-approved-constitutional-council/
https://www.cbsnews.com/news/france-retirement-age-raise-64-approved-constitutional-council/
This so-called measure has several benefits and drawbacks. The elder employees can benefit from their years of experience if they are retained on the job for longer, which is one advantage. The drawback of this is that many workplaces will report low performance because there is an inverse relationship between a person's success at work and their deterioration in cognitive and physical capacities.
Regardless, what I think is that the government shouldn't shove it down the throat of people. Workers who are approaching retirement age should be given a choice after appraisal to keep working or retire.
What sense does this make? Would you agree or disagree?
The pension laws in France (and most countries) were established decades ago and the ages have not necessarily risen with the much longer life expectancy that people have now. It costs the state a lot of money to give out such pay and while the people have paid into it, the balance has swayed too far out of whack so it needs to raise. You can see a slight slowdown in cognitive abilities but let's not forget that the current and last president of America around 80 years old, so people can certainly stay in somewhat reasonable shape long past the 60 year range.
The thing that is often a problem for us is retirement age, sometimes when entering retirement age they have a very good skill and experience so that when retiring then they can work in private companies and even abroad. This is an important lesson for us that if we want to be happy then we must always increase expertise.
most of the people feel very helpless and sad when they are retired. And in my opinion the retired people are more productive and more helpful then youngsters. They have no tantrums to show because they have lived their livesI don't really understand you, what do you mean that the old ones are more productive than the young and upcoming workers would have the zeal to work and impact knowledge based on what they have learnt. There people are old and can not deliver as they used to since there muscles are weak and is unable to do things efficiently like they used to. The age 64 is too far for a work to retire because some persons at 64 ha e started losing the IQ and the way they reason. Just imagine a lecturer teaching students at the age of 65 years. This is absurd andthey might be too old to pass comprehendible knowledge to students based there old age.
For me, that doesn't really make sense because whatever you feel and see around you, young people are the next generation in every country because they are the ones who will replace their retired parents. And if you still see young people who can't do anything in their lives, it's the parents' job to direct them to the right path so that they can be useful in the future like those who have retired. But I really don't understand why you call young people useless in this matter.
I think it's important here to recognize and capitalize on the good strengths of each. Their collaboration and mutual support can lead to a more productive and inclusive society and thus make a valuable contribution also because individual abilities and contributions vary, regardless of age group according to individual capacities.
You actually have a point, but let's be real some people already worked more than a decades in the sa job with the same position which might affect the company's performance if they just suddenly change the person's role. But in every year we have new fresh graduates who also have skills and talent that needed for the job so if they couldn't even find a position that suit for their course then it would be a waste. That's why I think retirement age for work is still a must. Maybe ask for help from the retiring people in hiring talented young people that could live up and be better to their past performances.
For me, that doesn't really make sense because whatever you feel and see around you, young people are the next generation in every country because they are the ones who will replace their retired parents. And if you still see young people who can't do anything in their lives, it's the parents' job to direct them to the right path so that they can be useful in the future like those who have retired. But I really don't understand why you call young people useless in this matter.
I think it's important here to recognize and capitalize on the good strengths of each. Their collaboration and mutual support can lead to a more productive and inclusive society and thus make a valuable contribution also because individual abilities and contributions vary, regardless of age group according to individual capacities.
Retirement is not an alternative to wages.
A pension is a reward for older people for their past work for the benefit of the country in which they live. A pensioner can receive a pension and not work. He can also receive a pension and continue to work (if he has the appropriate opportunities and desires).
Raising the retirement age is a very unfair act towards the elderly. Each person must be sure that when old age comes he will have a reliable source of income.
After all, human health, as a rule, deteriorates with age, and the need for comfort grows.
Raising the retirement age of workers sometimes I likely pointing towards a short of labour or work force in that country but in countries of much population, the retirement age is always reviewed so as to allow or call for more employment of the new or younger generation into Service. However, the retirees are not just allowed to be idle that way most at times, they are invited to pass or teach the younger generation more of their duties.A pension is a reward for older people for their past work for the benefit of the country in which they live. A pensioner can receive a pension and not work. He can also receive a pension and continue to work (if he has the appropriate opportunities and desires).
Raising the retirement age is a very unfair act towards the elderly. Each person must be sure that when old age comes he will have a reliable source of income.
After all, human health, as a rule, deteriorates with age, and the need for comfort grows.
I know of an who has retired in my locality but uptill now the government still seeks his expertise in difficult situations and also, they organise a seminar at their state office inviting him to come train their workers.
Retirement age should not really be a thing of worry because at some certain age in life ones work energy would start declining and it will amount to less productivity hence the reason for the retirement age for workers so they could have time fur themselves and family too but these days as a result of the rate of unemployment, people tend to fame their real age just to stay in a particular job for years without any remorse for the younger generation and this is mostly common in government jobs.
Retirement is not an alternative to wages.
A pension is a reward for older people for their past work for the benefit of the country in which they live. A pensioner can receive a pension and not work. He can also receive a pension and continue to work (if he has the appropriate opportunities and desires).
Raising the retirement age is a very unfair act towards the elderly. Each person must be sure that when old age comes he will have a reliable source of income.
After all, human health, as a rule, deteriorates with age, and the need for comfort grows.
A pension is a reward for older people for their past work for the benefit of the country in which they live. A pensioner can receive a pension and not work. He can also receive a pension and continue to work (if he has the appropriate opportunities and desires).
Raising the retirement age is a very unfair act towards the elderly. Each person must be sure that when old age comes he will have a reliable source of income.
After all, human health, as a rule, deteriorates with age, and the need for comfort grows.
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