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Family, Life Course, and Society

Population Change and Lifecourse Strategic Knowledge Cluster Research/Policy Brief

Retirement

Articles 1 - 2 of 2

Full-Text Articles in Social and Behavioral Sciences

Policy Brief No. 24 - Are Female Baby Boomers Ready For Retirement?, Lori Curtis, Kate Rybczynski Apr 2016

Policy Brief No. 24 - Are Female Baby Boomers Ready For Retirement?, Lori Curtis, Kate Rybczynski

Population Change and Lifecourse Strategic Knowledge Cluster Research/Policy Brief

Due to their life-course socio-economic conditions, many female boomers may suffer large decreases in well-being as they head into retirement. Pension reforms which increase retirement age will disproportionately disadvantage those already in low income. While changes to the Canada Pension Plan (CPP) will reduce losses from poor or sporadic labour force participation, these changes are too late to help the early boomer women. Likewise, while research suggests that improving retirement outcomes must begin with improved labour market conditions, inequitable conditions persist. Therefore, any current policy change will miss helping the early boomers. Finally, with increasing rates of chronic disease and …


Research Brief No. 17 - Rethinking Retirement, David K. Foot, Rosemary A. Venne Apr 2016

Research Brief No. 17 - Rethinking Retirement, David K. Foot, Rosemary A. Venne

Population Change and Lifecourse Strategic Knowledge Cluster Research/Policy Brief

Current pension policies in Canada do not take into account rising life expectancy. A Canadian worker in 1950 who retired at age 65 could expect to live 4 years in retirement. In 2006, a Canadian retiring at age 65 can now expect to have 16 years in retirement. Older workers can be a valuable resource with their years of experience that can be used to train younger replacement workers through the use of partial retirement schemes. Since many older workers would prefer to keep working after age 65, employers would benefit by offering flexible retirement schemes, such as a reduced …