Social Security Report

Rethinking the idea of retirement & working age - AMAC & The Conversation

Vivian Lam has an interesting piece here in The Conversation that challenges traditional ways of thinking about chronological age, cognitive age, and functional age. She notes retirement ages will have to rise and that Denmark is planning on raising its pension age to 74 by 2070. Still, despite all the changes over the last 70 years in society, job markets, educational systems and retirement policies and trends, the working age as defined by the wealthy countries of the Organization for Economic Cooperation and Development (OECD) remains 15 to 64. Lam says, “a step in the right direction would be to phase out structures based on chronological age.” Full piece here.

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