The transcripts of testimony given before the Senate Committee on Aging by the Secretary of the Department of Labor, F. Ray Marshall, and Ewan Clague, consultant and former Commissioner of the U.S. Bureau of Labor Statistics, are presented. Issues reviewed in these statements address the following areas of concern: retirement trends, economic…

This document addresses the issue of the aging American workforce by describing the current demographics of the Chrysler Corporation workforce, reviewing Chrysler's future projections, and discussing some of the changes being implemented by Chrysler to accommodate the aging Chrysler active and retiree population. It compares average ages of hourly…

Recent trends toward earlier retirement have exacerbated the financial problems facing the Social Security system and many other public and private pension plans. The massive commitment of public and private funds to Social Security and pension funds is partly responsible for the trend to early retirement. This, in fact, was one of the early goals…