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Mandatory Retirement may be scrapped in B.C.

By Elaine Macdonald

Thursday, October 06, 2005 03:40 AM

It's possible  the Campbell government could do away with mandatory retirement at age 65.

The Premier's Council on Ageing and Seniors Issues, will  analyze the idea, and present a full report expected this time next year.

The seniors population in B.C. is expected to  climb from  the current mark of 13% to  about 25% over the next 25 years. 

B.C. is not alone on this issue, Ontario, Quebec, Alberta, P.E.I and Manitoba are already in line with that plan.

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Comments

As it should be. Not having a raise in the last 15 years has put me way behind my retirement day. PSEC figures we don't need to keep uip with the cost of living.
Im so happy I will be able to go back to work again. Campbell cant see the end of his nose how can he look down the road and see what will happen at that time. The only thing he sees is getting us back to work so we dont get the benifits we now have.
This is the start of waht was predicted decades ago. The leading edge of the baby boomers have begun to reach early retirement age before the 21st Century. It will begin to accelerate from now so that it will not only become more expensive for the system to support retired individuals, but we will not have sufficient manpower to maintain the economy of the province, the country and North America unless there are more flexible work arrangements, we become more efficient, and/or we increase the immigration rate.

It is a structural problem for which this is a part of the solution cocktail.
All my family have worked until they were ready for the grave. I'll do the same. The was no such thing as retirement when you are the boss. Those old guys and some old woman were the best. Those people I remember and respect.
Of course we dont have the money for retirment we are giving it all to our corporations to hand out in share profit to those that already have to much. This is a great idea to bring in more imagrents to pay them minimum wages. At the rate we are going "29" is just around the corner then all we have to do is set the cops on our unemployed.