u06d2 Age in the Workplace.docx - u06d2 Age in the Workplace \u2013 Does society need to rethink the traditional notion of retirement Almost everyone

u06d2 Age in the Workplace.docx - u06d2 Age in the...

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u06d2 Age in the Workplace – Does society need to rethink the traditional notion of retirement? Almost everyone recognizes this except our government and insurance companies – our government because politicians can’t think beyond their next election, and insurance companies because by keeping the retirement age low they make out like bandits when they sell disability, extended care, and certain life policies. Their policies are designed to quit providing disability income and extended care benefits when you reach social security retirement age of 65-66, long term care benefits traditionally stop at seventy, and life insurance premiums are based on life time actuarial tables that lag behind true aging in America. The government makes you start taking Social Security way too early, and they force you to start raiding your retirement plans before you are ready to access your savings. All of this creates a mind set of putting our most valuable resources out to pasture before their through contributing to society. In our series on public health we will explore our need to rethink the role of elderly in
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  • Fall '13
  • Dr.Scott Smith

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