Projected implications of population aging are based on a definition of retirement age as 65. This article discusses the concept of "equivalent retirement ages" as a method for determining appropriate age for normal retirement and points out usefulness and limitations of raising normal retirement age as a policy instrument. (BF)

Explores relationship between recent policy reforms, targeting proposals, and a universal Social Security program. Explores principles that inform Social Security, concluding that treating benefits as taxable income and raising retirement age push at boundaries of universality without violating fundamental precepts of social insurance program. (BF)

This book contains 15 articles on older workers and the challenges of health insurance, Social Security, retirement, job loss, and working until older ages. Following an introduction by the editors, the articles are organized in five sections that also include commentaries on the articles. The following are included in Section 1, "Charting…

The social security system in the United States is becoming increasingly unstable, as the amount of benefits paid to an ever larger number of retirees grows and the number of younger workers paying taxes to the system decreases. The problem will become especially acute in the years 2011 and after, as the members of the "baby boom"…

After giving an overview of the private retirement system and considering deferred wages and labor costs, the study explores the extent of the influence of private pensions on early retirement and on job opportunities of older persons, and the influence of lengthy job tenure requirements on worker mobility. The study weakens the case for…

This document reports the oral and written testimony of witnesses at a Congressional hearing held to examine ways to use the abilities of the rapidly growing older population, particularly in professions such as child care where they have the potential of making an important contribution to the education and care of the children of the United…

The baby boom generation faces added uncertainty on their investments and perhaps lower realized rates of return on all components of their retirement savings, primarily because of their large number. Effects will be felt in the Social Security system and by pension plans and private investors. Individuals, employers, pension fund managers, and…

A study analyzed the changing nature of older persons in the labor force, factors that may affect their work decisions, and policy changes that could facilitate their continuation or reentry into the work force beyond the normal retirement age. Data examined during the survey indicate that while the number of people aged 65 and older is continuing…

Many companies recognize the importance of including older persons in the labor force, but barriers still exist that limit their productive employment. Negative stereotypes may influence hiring and promotion decisions, and training opportunities may be closed. A study was conducted of private sector employment programs/practices that are intended…

New perspectives need to be gained on the roles of older adults and older workers in the new millenium. Because today's adult is healthier, policies concerning social security, retirement, and work need to be changed. There is a need for acceptance of various types of aging. Rather than mandating specific retirement, the individual should have…

Recent policy proposals have introduced need-based criteria, as well as the principle of wealthier older persons paying greater taxes or sharing more heavily in financing services and benefits than those who have less income and accumulated wealth. This article reviews emergence of new approaches and concludes with commentary on political…

The problem of senior citizens in Florida who need to work are chronicled in this third part of the Senate Special Committee on Aging, Work after 65 hearings, conducted in Orlando, Florida, in July, 1980. During the Florida hearing, representatives of various government programs for senior citizens, professors of education and economics and…

The population of the United States is aging and will age even more rapidly in the coming years. Yet our public and private retirement and benefits policies continue to favor early retirement--in spite of clear demographic trends, in spite of legislation raising the mandatory retirement age from 65 to 70, in spite of the fact that many of our…

With Social Security and retirement benefits unable to keep up with inflation, and persons living longer than ever in this country, retirement at age 65 or younger may no longer be a desirable choice for millions of older workers. These themes were articulated by government officials and foundation officers at the first session of a U.S. Senate…

Explores ramifications of a number of economic and societal factors on retirement policy. Factors considered are (1) inflation, (2) age discrimination legislation, (3) retirement income sources, (4) demographics, (5) overextending funds, (6) elimination/retention of mandatory retirement legislation, and (7) future alternatives. (CSS)