The Evolution of Retirement as Systematic Ageism

Lynn McDonald

Social and Economic Dimensions of an Aging Population Research Papers from McMaster University

Abstract: Questions that people ask, when they hear that mandatory retirement has been repealing include: will people be forced to toil longer to stay financially healthy? Will they change careers later in life to keep their interest in a subject or explore new interests? How will working longer affect their health? How will much older people affect the ambitions and working styles of younger colleagues? Will companies have to change their health and benefit plans to accommodate older people? This chapter discusses implications for both individuals and companies about hiring/retaining workers beyond the mandatory retirement age including differences in power relationships that place older workers who love and want to stay in their job in a compromised position. Issues related to international political economy will be addressed.

Keywords: Cultural economics; economic sociology; economic anthropology (search for similar items in EconPapers)
JEL-codes: Z10 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2012-03
New Economics Papers: this item is included in nep-age and nep-lab
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