HLTHAGE 1BB3 Lecture Notes - Lecture 10: Fourth Age, Ageism, Old Age Security
23 Apr 2017
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Lecture 10: work and retirement in later life. A social role: old retire to create jobs for younger people. A phase of life: personal transitions of life. Identity, meaning, social status, role, satisfaction, source of income. Pull factors: good income: retirement is a normative event, average age of retirement for canadian workers is now 62. No federal law in canada forcing people to retire at 65. Need for income and work vs. want to work. Ontario ending mandatory retirement statute law amendment act took effect in december. Taxback: taxes paid on earnings by recipients of the guaranteed income supplement and provincial supplements, which can amount to a 100 percent reduction in supplemental payments for the poorest older people who work. Bridge jobs: a job that a worker takes on the path to retirement (often in work outside the individual"s former career) ie. part time work.
