|
|
Article: Special Case: Older workers.(reasons older workers continuing to work past retirement age)(Brief Article)
- Article from:
- Employee Benefit News
- Article date:
- September 15, 2002
CopyrightCOPYRIGHT 2002 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
It is clear that people will be working longer. Retirement, as we have known it for a couple of generations, is becoming a thing of the past. Already we see people working into their 70s, 80s, and in some cases, their 90s. Some work full-time, some part time, some on a contract or project basis. Why?
There are several reasons people continue to work.
Need for income -A great number of workers reached their intended retirement age and discovered that they had insufficient income to support themselves. They are forced to keep working for survival. Pensions are inadequate, the government won't take care of them, and their kids have problems of their own.
...