Last week the Provincial Government announced that mandatory retirement will be eliminated by January 1, 2008.  This will mean that employees over the age of 65 will be protected under the Human Rights Code and have the option to keep working. This change in legislation will be a benefit to both employers and job seekers. With the current labour shortages employers are looking to baby boomers to fill the gaps. Also with the rising cost of living (according to the 2007 Parksville Community Profile the average sale price of a home rose 14% between 2005 and 2006) it may be a necessity for some people over 65 to continue working to continue to have the lifestyle they would prefer.

 

This entry was posted on Friday, May 4th, 2007 at 2:40 pm and is filed under Human Rights, Retirement. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.