Retirement Age for Workers - Does this Make Sense?

[Argoo]

The retirement age is much higher in other European countries; usually it's approximately 64 or 65 years old; in Greece, however, it's 67, which I personally believe is too much. I admire the French people's fight; although two more years might not seem much for us, as the retirement age is already quite low compared to the EU's average, the French are fighting to avoid any potential further increase in the future or other measures taken against them. Seeing that they didn't react to the first one, why not increase it further?

There are several objective reasons for raising the retirement age in European countries. In Europe, as well as in the world as a whole, the average life expectancy is gradually increasing. There is also a general trend towards an increase in the number of pensioners. Therefore, the increase in the retirement age occurs almost everywhere.
  In Ukraine, the retirement age depends on the number of years of work experience. If a person has more than 30 years of work experience, he has the right to retire at 60 years of age. If less, then at 63 or 65 years old. If he has not gained the minimum number of years of work experience even at the age of 65, then he can only count on social assistance, and not on a pension, which hardly covers even the minimum needs. I think that in France the conditions for retirement and the retirement age will change more than once.

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[og kush420]

The retirement age is much higher in other European countries; usually it's approximately 64 or 65 years old; in Greece, however, it's 67, which I personally believe is too much. I admire the French people's fight; although two more years might not seem much for us, as the retirement age is already quite low compared to the EU's average, the French are fighting to avoid any potential further increase in the future or other measures taken against them. Seeing that they didn't react to the first one, why not increase it further?

There are several objective reasons for raising the retirement age in European countries. In Europe, as well as in the world as a whole, the average life expectancy is gradually increasing. There is also a general trend towards an increase in the number of pensioners. Therefore, the increase in the retirement age occurs almost everywhere.
  In Ukraine, the retirement age depends on the number of years of work experience. If a person has more than 30 years of work experience, he has the right to retire at 60 years of age. If less, then at 63 or 65 years old. If he has not gained the minimum number of years of work experience even at the age of 65, then he can only count on social assistance, and not on a pension, which hardly covers even the minimum needs. I think that in France the conditions for retirement and the retirement age will change more than once.

in different countries there is different retiermet age in different countries. But in our country there is not a specific age for retirment.

[posi]

The retirement age is much higher in other European countries; usually it's approximately 64 or 65 years old; in Greece, however, it's 67, which I personally believe is too much. I admire the French people's fight; although two more years might not seem much for us, as the retirement age is already quite low compared to the EU's average, the French are fighting to avoid any potential further increase in the future or other measures taken against them. Seeing that they didn't react to the first one, why not increase it further?

There are several objective reasons for raising the retirement age in European countries. In Europe, as well as in the world as a whole, the average life expectancy is gradually increasing. There is also a general trend towards an increase in the number of pensioners. Therefore, the increase in the retirement age occurs almost everywhere.
  In Ukraine, the retirement age depends on the number of years of work experience. If a person has more than 30 years of work experience, he has the right to retire at 60 years of age. If less, then at 63 or 65 years old. If he has not gained the minimum number of years of work experience even at the age of 65, then he can only count on social assistance, and not on a pension, which hardly covers even the minimum needs. I think that in France the conditions for retirement and the retirement age will change more than once.

Is the average human lifespan increasing? In my opinion, on the contrary, our life expectancy is decreasing day by day because of the impact of the environment, dirty food, as well as our living habits, are getting worse and worse. I think that the reason for the increase in retirement age is that European countries have a large number of old people and people who are about to retire. And the government itself does not seem to want to spend too much on subsidies for these people, even though they have sacrificed their lives to dedicate and work.

[Argoo]

The retirement age is much higher in other European countries; usually it's approximately 64 or 65 years old; in Greece, however, it's 67, which I personally believe is too much. I admire the French people's fight; although two more years might not seem much for us, as the retirement age is already quite low compared to the EU's average, the French are fighting to avoid any potential further increase in the future or other measures taken against them. Seeing that they didn't react to the first one, why not increase it further?

There are several objective reasons for raising the retirement age in European countries. In Europe, as well as in the world as a whole, the average life expectancy is gradually increasing. There is also a general trend towards an increase in the number of pensioners. Therefore, the increase in the retirement age occurs almost everywhere.
  In Ukraine, the retirement age depends on the number of years of work experience. If a person has more than 30 years of work experience, he has the right to retire at 60 years of age. If less, then at 63 or 65 years old. If he has not gained the minimum number of years of work experience even at the age of 65, then he can only count on social assistance, and not on a pension, which hardly covers even the minimum needs. I think that in France the conditions for retirement and the retirement age will change more than once.

Is the average human lifespan increasing? In my opinion, on the contrary, our life expectancy is decreasing day by day because of the impact of the environment, dirty food, as well as our living habits, are getting worse and worse. I think that the reason for the increase in retirement age is that European countries have a large number of old people and people who are about to retire. And the government itself does not seem to want to spend too much on subsidies for these people, even though they have sacrificed their lives to dedicate and work.

Difficult living conditions in previous centuries, including manual working conditions, almost no medicine, and as a result - periodic epidemics, constant wars of conquest, as well as a number of other factors were the reasons that a hundred years ago very few people lived to be 45 years old. age. On the Internet you can find more detailed information about this. This is how the data on life expectancy by years in Europe looks like:
1701-1750 35 years
1751-1800 35-37 years old
1801-1850 38-39 years old
1851-1900 40-45 years old.
  Of course, the ecology and food quality have now fallen, but they do not really affect these statistics.
In 2021, life expectancy in the European Union was 80.1 years, according to the European statistics agency Eurostat, but these data are slightly lower than in 2020 and 2019, probably influenced by an increase in mortality during the COVID-19 pandemic.

[og kush420]

The thing that is often a problem for us is retirement age, sometimes when entering retirement age they have a very good skill and experience so that when retiring then they can work in private companies and even abroad. This is an important lesson for us that if we want to be happy then we must always increase expertise.

most of the people feel very helpless and sad when they are retired. And in my opinion the retired people are more productive and more helpful then youngsters. They have no tantrums to show because they have lived their lives

[Mr. Magkaisa]

     -  There are people who have the mindset that when they retire they will have a large amount of money available from the company they have served for decades. When they receive a pension every month, they are happy. And the other is that if they don't want a pension, they will make a lumpsum so they can build their own house and start a business and buy a car.

There is nothing wrong with whatever reason they have for retirement other than they are old or elderly. It's just that sometimes you think that they won't be able to enjoy whatever they can invest in after they retire because the only thing that will benefit a lot and be happy is to inherit what they worked for, we who have retired will not be able to enjoy that anymore though for us. that's fine and that's for the ones we love. This is the only thing I saw in my other relatives.

[SmartCharpa]

What sense does this make? Would you agree or disagree?

I completely agree because increasing the retirement age is not a good idea because everyone starts working at a young age, so this an old age is the best time to have their own time to rest and and have a peaceful time with the family. Also, when people reach their own old age, they should be allowed to rest because that is not the right time for them to continue to struggle in this life.

[blockman]

I agree that there should be some assessment of whether an old employee is good for retirement already or be allowed to keep on working. I guess each private company or even the government can do this in favor of those that have serviced them for the longest time.
That's the best benefit that they can give to them especially when they've contributed a lot to them. Being a worker for a long time and giving the best effort that they can be is unmeasurable. Although it's part of their job the loyalty itself is already a big deal to every individual and to companies that do appreciate it. So, depending on the capacity and the likes of the worker, if they think they can still work, allow them but if the company thinks that they're good for their retirement, give them a choice and if they chooses to retire then give all the benefits.

[Uruhara]

Considering  the fact that the retirement age varies in different, like in my country its from 65, but I think it should be a thing of choice depending on the physical fitness of the adults above 60s, experience might be a factor but we all know most adults tend to get weaker while they're growing old.

There are other factors that should be in consideration as well, the nature of the job as well as family because most elderly ones would love to spend more time with their family as they tend to grow older.

Indeed, every country has a different age level in determining the time of retirement. And usually this is based on the fitness level of the majority of people in that country at that age. And this is also assessed based on their effectiveness in carrying out the work. if at the age of 60-65 their effectiveness at work has decreased dramatically then of course it is very appropriate to determine the retirement age limit at that age. But in every country the level of human fitness and health is not the same. like in japan it seems the fitness level of people is much longer. because I see parents there have an extraordinary level of health due to a healthy lifestyle and discipline. So in Japan the retirement age which was originally up to 60 has been increased to 65 years.

[Mario Yamasaki]

I think the retirement age should be increased, in my country the retirement age for government jobs is around 65 years and private jobs are 60 years, of course retirement is something that can make everyone feel happy because they can enjoy the results of work without having to work, but as a retiree who has a lot of experience, before retiring, you must be able to provide knowledge to juniors.

[Pierre 2]

I personally dislike working in full time job until the age of 60. Its something "insane" in my opinion. Its wage slavery at max level for sure. We, laborers, should focus on making good amount of income to guarantee our future through savings and investments and retire early. Much earlier. Probably around the age 45 at MAX. Otherwise your life quality will quickly die. But as liberal, I can't say everyone should retire early. Early retirements can disrupt many economies because it creates masses who live on retirement wage and do nothing. You should be able to work or invest and help other people start businesses.

[Wildwest]

If the retirement age is increased it will be more losses compared to benefits, because pensioners who are already 62 have decreased performance especially they are already at 64, then this is a decision that must be considered by the government council, especially now that there are very many people who have taken higher education but they cannot be part of the government, So this also has to be thought about by the government because they are still young and it would be better if they develop a draft that has been set by the government, so I disagree with the decision.

[iamsange]

The thing that is often a problem for us is retirement age, sometimes when entering retirement age they have a very good skill and experience so that when retiring then they can work in private companies and even abroad. This is an important lesson for us that if we want to be happy then we must always increase expertise.

If you know that the retirement age is an old age, maybe you won't think that they can work again in private companies or go abroad to work again. Because all parties in the company do not only look at skills and experience in terms of hiring new employees into the company. But the company will also see how old he is and how he is in life so that his loyalty considerations can be very clear, because someone who is old will certainly tire more easily when he has to work under pressure where there is even overtime made by the company.

So this is not only about experience and skills, but also about one's energy and health which is also an important point for companies willing to accept new employees. But I don't understand how you think about this that still thinks they can work at their old age.

most of the people feel very helpless and sad when they are retired. And in my opinion the retired people are more productive and more helpful then youngsters. They have no tantrums to show because they have lived their lives

I want more specific and detailed reasons for this when you say retirees are more productive and more useful than young people. Because basically those who have retired were also young in their past, so it is impossible for the government or private parties to use them when they are seen as useless or useless. And if you think that young people are useless or useless, that means you have to wake up all the old people who have been bedridden to manage the country and also the economy.

For me, that doesn't really make sense because whatever you feel and see around you, young people are the next generation in every country because they are the ones who will replace their retired parents. And if you still see young people who can't do anything in their lives, it's the parents' job to direct them to the right path so that they can be useful in the future like those who have retired. But I really don't understand why you call young people useless in this matter.

[Smartprofit]

Retirement is not an alternative to wages. 

A pension is a reward for older people for their past work for the benefit of the country in which they live.  A pensioner can receive a pension and not work.  He can also receive a pension and continue to work (if he has the appropriate opportunities and desires). 

Raising the retirement age is a very unfair act towards the elderly.  Each person must be sure that when old age comes he will have a reliable source of income. 

After all, human health, as a rule, deteriorates with age, and the need for comfort grows.

[CryptSafe]

Retirement is not an alternative to wages.  

A pension is a reward for older people for their past work for the benefit of the country in which they live.  A pensioner can receive a pension and not work.  He can also receive a pension and continue to work (if he has the appropriate opportunities and desires).  

Raising the retirement age is a very unfair act towards the elderly.  Each person must be sure that when old age comes he will have a reliable source of income.  

After all, human health, as a rule, deteriorates with age, and the need for comfort grows.

Raising the retirement age of workers sometimes I likely pointing towards a short of labour or work force in that country but in countries of much population, the retirement age is always reviewed so as to allow or call for more employment of the new or younger generation into Service. However, the retirees are not just allowed to be idle that way most at times, they are invited to pass or teach the younger generation more of their duties.
I know of an who has retired in my locality but uptill now the government still seeks his expertise in difficult situations and also, they organise a seminar at their state office inviting him to come train their workers.

Retirement age should not really be a thing of worry because at some certain age in life ones work energy would start declining and it will amount to less productivity hence the  reason for the retirement age for workers so they could have time fur themselves and family too but these days as a result of the rate of unemployment, people tend to fame their real age just to stay in a particular job for years without any remorse for the younger generation and this is mostly common in government jobs.

[siniminomorocomunisakito]

For me, that doesn't really make sense because whatever you feel and see around you, young people are the next generation in every country because they are the ones who will replace their retired parents. And if you still see young people who can't do anything in their lives, it's the parents' job to direct them to the right path so that they can be useful in the future like those who have retired. But I really don't understand why you call young people useless in this matter.

I think it's important here to recognize and capitalize on the good strengths of each. Their collaboration and mutual support can lead to a more productive and inclusive society and thus make a valuable contribution also because individual abilities and contributions vary, regardless of age group according to individual capacities.

[Lorence.xD]

For me, that doesn't really make sense because whatever you feel and see around you, young people are the next generation in every country because they are the ones who will replace their retired parents. And if you still see young people who can't do anything in their lives, it's the parents' job to direct them to the right path so that they can be useful in the future like those who have retired. But I really don't understand why you call young people useless in this matter.

I think it's important here to recognize and capitalize on the good strengths of each. Their collaboration and mutual support can lead to a more productive and inclusive society and thus make a valuable contribution also because individual abilities and contributions vary, regardless of age group according to individual capacities.

You actually have a point, but let's be real some people already worked more than a decades in the sa job with the same position which might affect the company's performance if they just suddenly change the person's role. But in every year we have new fresh graduates who also have skills and talent that needed for the job so if they couldn't even find a position that suit for their course then it would be a waste. That's why I think retirement age for work is still a must. Maybe ask for help from the retiring people in hiring talented young people that could live up and be better to their past performances.

[Bushdark]

The thing that is often a problem for us is retirement age, sometimes when entering retirement age they have a very good skill and experience so that when retiring then they can work in private companies and even abroad. This is an important lesson for us that if we want to be happy then we must always increase expertise.

most of the people feel very helpless and sad when they are retired. And in my opinion the retired people are more productive and more helpful then youngsters. They have no tantrums to show because they have lived their lives

I don't really understand you, what do you mean that the old ones are more productive than the young and upcoming workers would have the zeal to work and impact knowledge based on what they have learnt. There people are old and can not deliver as they used to since there muscles are weak and is unable to do things efficiently like they used to. The age 64 is too far for a work to retire because some persons at 64 ha e started losing the IQ and the way they reason. Just imagine a lecturer teaching students at the age of 65 years. This is absurd andthey might be too old to pass comprehendible knowledge to students based there old age.

[Fortify]

France's Constitutional Council on Friday approved an unpopular plan to raise the retirement age from 62 to 64, in a victory for President Emmanuel Macron after three months of mass protests over the legislation that have damaged his leadership.
https://www.cbsnews.com/news/france-retirement-age-raise-64-approved-constitutional-council/

This so-called measure has several benefits and drawbacks. The elder employees can benefit from their years of experience if they are retained on the job for longer, which is one advantage. The drawback of this is that many workplaces will report low performance because there is an inverse relationship between a person's success at work and their deterioration in cognitive and physical capacities.

Regardless, what I think is that the government shouldn't shove it down the throat of people. Workers who are approaching retirement age should be given a choice after appraisal to keep working or retire.

What sense does this make? Would you agree or disagree?

The pension laws in France (and most countries) were established decades ago and the ages have not necessarily risen with the much longer life expectancy that people have now. It costs the state a lot of money to give out such pay and while the people have paid into it, the balance has swayed too far out of whack so it needs to raise. You can see a slight slowdown in cognitive abilities but let's not forget that the current and last president of America around 80 years old, so people can certainly stay in somewhat reasonable shape long past the 60 year range.

[@forxample]

The ability to continue working after the age of 50–60 really depends on the ability and circumstances of each person. Some people may still have the skills, knowledge, and physical health necessary to continue contributing to the workforce beyond traditional retirement age. Providing the option for workers to continue working if they are willing and able can benefit both the individual and the economy.

On the other hand, it is important to recognize the challenges that workers in developing countries face, especially those with low wages. In such cases, it may not be feasible or sustainable for them to continue working until the age of 60 due to financial constraints and the need to have enough income to cover living expenses. Governments and employers should consider the economic realities of their countries and strive to ensure that retirement age policies are fair and take into account the specific circumstances of their people.

There is no word retirement for people who waste their youth by not saving and investing to prepare for their old age.
It's true that it's not rare, especially in developing countries, there are still many people who rely on their physique to work at a no longer young age just to make a living. or they choose to be homeless or beggars because they are no longer strong enough to rely on their physical work.

For an employee in the government or civil servants, maybe they won't be too bothered to think about their old age because someone guarantees a pension fund every month and that's what happened in my country. but for us ordinary people we have to really think about old age so we don't have trouble.
So while you are young, make the most of this time. Creating an independent business is one way to guarantee your old age. Besides that, don't forget to save your money to answer future problems.
When old age or retirement age is your time with your family, avoid physical work that takes up a lot of time and endangers your health.
Investing is one way to increase your wealth and savings without taking up a lot of time and endangering your health.