Public policy considerations
CARP says that a change in public policy could also help employers to keep their Zoomer workers. In particular, policy makers should:
– Encourage continued employment by relaxing pension and other rules
– Allow early pension payments while continuing to work as done in 2007 budget
– Allow contributions to CPP past 65.
– Remove mandatory retirement nationwide – by 2009, all provinces except New Brunswick will have removed it but there is no change announced yet for federally regulated industries.
– Change labour codes to protect workers over 65 years of age.
– Enact and enforce anti-ageism policies.
Read more about ‘Zoomers in the workforce’ in the May 2008 issue of CARP magazine.
Photo ©iStockphoto.com/Ian McDonnell
Copyright 2008 CARP. All Rights Reserved.