ERIC Number: ED296256
Record Type: Non-Journal
Publication Date: 1988-Mar-11
Pages: 54
Abstractor: N/A
ISBN: N/A
ISSN: N/A
EISSN: N/A
Available Date: N/A
Presentation at DOL [Department of Labor] Conference on Aging.
St. John, A. P.
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 workers, non-management salaried workers, and management workers at Chrysler in 1977 and in 1987 and looks at the ratio of active workers to retirees in 1977 (2.6:1), 1987 (1.3:1), and projected ratios for 1990 through 1995 (1.1:1), 2000 (1.04:1) and 2015 (.94:1). Reasons for the projected low ratio are discussed. Trends in life and health insurance benefit costs for employees and retirees are examined and Chrysler's challenge of maintaining the quality of care and coverage while reducing and containing benefit costs is considered. Measures implemented at Chrysler to meet the challenges of an aging workforce are discussed, including the implementation of efficient alternative health care delivery options, individual case management programs for persons in an inpatient care environment, a research proposal to examine more cost effective management of Medicare, an education and wellness program for employees and retirees, and a life planning seminar to help employees prepare for retirement. (NB)
Publication Type: Reports - Descriptive; Speeches/Meeting Papers
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
Author Affiliations: N/A