Post
Topic
Board Economics
Re: Retirement Age for Workers - Does this Make Sense?
by
angrybirdy
on 19/12/2023, 10:32:29 UTC
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/


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?


Raising Retirement Age when the life expectancy has become longer is actually make sense. The reason why retirement age exist is because at certain age a person was deemed to be unreliable to do some task. But along with the development of medical and nutritional science, people will have better life quality, compared to the previous generation, the later generation must have better nutrition and life style. And the result is that previously people who are on their 60s considered to be less reliable, but with better food and life-style nowadays people are still able to work even after their 60s.

All that being said, I would still prefer that elder are given a choice whether they are willing to continue to do their job or just retire.

Exactly! especially now that some older people, they are no longer able to reach the age of 60 because of the diseases and illnesses they have but having an advance technology and good vitamins and medicines,they will live longer and have a vigorous body with the help of supplements and taking care of their health. Here in our country, There are still some International companies who are still accepting retired aged employee to continue doing their job as long as they are capable and has no any other illnesses and I think that's right, just give them a chance to choose continuing and leaving their work because of their age..