Depends on the working area. If a person is working in the office, then retiring at 60 seems early (yet again, depends on persons health and how he had lived till 60), because I've seen many people at 60+/- being quite energetic at work. But if a persons had a physical work who whole life, then at 55+ he will be exhausted already.
Imho, it would be better for aged people to retire at 60. They still have time to live for themselves, to get some rest in life. I believe that even though ages people are experienced, current generation has learned enough from them already.
Topic: Retirement Age for Workers - Does this Make Sense? - page 4. (Read 1570 times)
Just like we have drawbacks with extension of retirement age there are also benefits and which side of the dice it falls on depends on the individual in question. A worker who is aged 60-65years and still open to innovation, creativity, new ideas can be more productive than a younger worker who is naive
Naive young individuals will not endure in their jobs until retirement. They will struggle to compete with other workers when it comes to promotions. It is true that individuals aged 60 and above possess remarkable experience, but their productivity declines along with their less-than-optimal physical condition.
They easily become drowsy, and senility becomes a common occurrence. Thus, when this truly happens and there are still elderly employees, it only adds to the company's burden. There is nothing that leads to a significant improvement for the company. Everyone will simply bow down out of respect, rather than working objectively.
Because there aren't many options for healthcare and life expectancy is declining globally, I find the idea objectionable. With the retirement age being raised to 64, some people who have worked and paid into the system for many years may not live long enough to get benefits. Thus, extending work hours shouldn't be required; instead, people should do it if they feel well enough to do so. Recreational pursuits, travel, time with the grandchildren are all intended to be part of retirement. They cannot appreciate life if they are broken down and in anguish.
I also think that it would be much better for someone who has turned 60. to have the option of whether to take retirement or choose to continue working for an additional few years as agreed. So that people who have the desire to retire at the age of 60 will not feel disappointed if there are options they can choose. and those wishing to remain employed will also not be disappointed as there are options for extensions of employment. and I heard there is a system like this in my country. what is referred to as young retirement or early retirement, namely retirement before entering retirement age. but they still have pension benefits. it's just not as big as when they retire at the retirement age limit. 
Because there aren't many options for healthcare and life expectancy is declining globally, I find the idea objectionable. With the retirement age being raised to 64, some people who have worked and paid into the system for many years may not live long enough to get benefits. Thus, extending work hours shouldn't be required; instead, people should do it if they feel well enough to do so. Recreational pursuits, travel, time with the grandchildren are all intended to be part of retirement. They cannot appreciate life if they are broken down and in anguish.
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.
i didn't read clearly about the pension law set by the French order but it definitely doesn't include the post of president or other state officials. those who are over 60 years old, of course, will experience a decrease in the quality of energy and thoughts, so it's no wonder that in some fields of work, hiring people over the age of 60 is a bad thing, moreover, job vacancies don't increase but young people who are productive continue popping up then it establishes a shrimp pension law is a good thing imo. 
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 sense does this make? Would you agree or disagree?
I believe the government is considering the well-being of employees and aiming to ensure they can benefit from their retirement by enjoying life while they have the opportunity. Ultimately, this decision may be influenced by the global mortality rate, also known as life expectancy.
According to the research as we can see here in this article.
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A male child born in the United States today will live to be 73.5 years old on average. This puts the male citizens of the US in 43rd place in this ranking. On average, US women are 5.8 years older, reaching an age of 79.3. The world average age of death is a few years lower at 68.9 years for men and 73.9 years for women. Within the European Union, these are 77.7 and 83.3 years respectively.
If the retirement age is set within the age bracket mentioned by OP, individuals would only have around 10 years to enjoy life after retirement. Therefore, I believe it's necessary to encourage them to retire, as life is not solely about work but also about fully enjoying it.
Well if I was age 61 and going to retire then this happened I would be really upset. Thinking I was going to retire but then having it taken from me. Now having to work for another 2 years would not make me very happy.
I think it needs to be up to the person going to retire. I know people who are aged 70 and above still working. It really depends on the person and the age is just a number when it comes to working. Me I will want to work until I am older then 64 but maybe not someone else.
And in the end it will depend on the health and fitness of our body at that age. whether we will still be able to work or not. I personally want to be prepared from now on so that before retirement I have a passive income that can keep me receiving income without having to work. I want to enjoy old age with lots of vacations to various areas that I have never visited with my family. or relax enjoy every moment with family. And to make that happen I have to have two long-term investments. namely health investment by maintaining body fitness so that it remains healthy until old age. and one more long-term investment in assets that could pay off for me in the future. I think it needs to be up to the person going to retire. I know people who are aged 70 and above still working. It really depends on the person and the age is just a number when it comes to working. Me I will want to work until I am older then 64 but maybe not someone else.
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?
So all in all this is a great plan, gives those whose old but still capable of working at least 2 more years to provide for themselves, and ultimately allows them to live fulfilling retirement days.
President Emmanuel Macron has ignored everything for the sake of the income that the state has received from 2 years of rotating workers' pensions.
It is not France's crisis alone, but rather that all countries that suffer from demographic aging are subject to decisions similar to those taken by France. Population aging means a decrease in economic productivity that may reach the stage of disability. This also explains why these countries accept large numbers of immigrants and asylum applications.In my country, the retirement age was raised to 62 for the same reasons, and we did not witness any protests, neither from unions nor from citizens, although I live in a country that enjoys a good margin of freedom.
It makes sense though in many way like if you don't retire after reaching certain age then how is it possible for the upcoming generation to get a job? First of all the concept of permanent job should not be exists anymore because that is where most low efficiency of a job comes from, if the job based on their performance then who is giving the results will stay and others shouldn't which is hard I know but if we have such system I bet we will have different world than now.
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 government isn't shoving anything down the throat of people, they're likely trying to keep the books balanced. People live longer now than when these pension systems were first developed so it's only normal to increase the age. In reality you are free to retire at any time you want, but you need to accumulate enough assets to support yourself in that endeavour. Nobody is being forced to retire in any country with normal laws, many businesses allow people to stay on for as long as they like and are competent enough to complete the job they are paid to do.
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 sense does this make? Would you agree or disagree?
Yes, I may agree with your statement above. On the other hand, from an economic perspective, an aging population can put a strain on the pension system and public finances. But, if the government conducts a Polling for Workers who are approaching retirement age, Choose which to keep working or retire. I'm sure Dominan will choose to continue. Everything has a cause and effect, perhaps. Some individuals may want to continue working past the traditional retirement age for financial reasons or a desire to stay active and involved. Raising the retirement age gives them the opportunity to make that choice.
On the other hand, extending the retirement age may limit job vacancies and career advancement opportunities for younger workers. This can lead to an increase in the unemployment rate among the younger generation and hinder intergenerational equity.
I think it's just general. Each country has its own Rules of Law, one of which is the age limit for working. So, as good citizens, as much as possible to follow what has been determined and what has been determined is not a unilateral decision, they have sat together to discuss this as has been done by the French Constitutional Council.
Well if I was age 61 and going to retire then this happened I would be really upset. Thinking I was going to retire but then having it taken from me. Now having to work for another 2 years would not make me very happy.
I think it needs to be up to the person going to retire. I know people who are aged 70 and above still working. It really depends on the person and the age is just a number when it comes to working. Me I will want to work until I am older then 64 but maybe not someone else.
I think it needs to be up to the person going to retire. I know people who are aged 70 and above still working. It really depends on the person and the age is just a number when it comes to working. Me I will want to work until I am older then 64 but maybe not someone else.
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.
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 .
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