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Economic Aspects of Mandatory Retirement: The Canadian Experience

Resource type
Author/contributor
Title
Economic Aspects of Mandatory Retirement: The Canadian Experience
Abstract
Economie impacts of eliminating mandatory retirement are a crucial aspect of the Charter of Rights arguments concerning the «reasonableness» of age discrimination. Evidence suggests that the number of employees who would workpast normal retirement age in any given year is only a fraction of one percent of the labour force. Eliminating mandatory retirement would consequently have minimal impact on job opportunities for youth and personnel practices concerning evaluation of employees. Actuarial adjustment of private pension plans to accommodate a flexible retirement age is only a minor administrative matter and has already been implemented in some Canadian jurisdictions.
Publication
Relations Industrielles / Industrial Relations
Volume
43
Issue
1
Pages
101-114
Date
1988
ISSN
0034-379X
Short Title
Economic Aspects of Mandatory Retirement
Citation
Reid, F. (1988). Economic Aspects of Mandatory Retirement: The Canadian Experience. Relations Industrielles / Industrial Relations, 43(1), 101–114. http://www.erudit.org/revue/ri/1988/v43/n1/050390ar.html?vue=resume