Retirement Age Debate

Compulsory retirement age varies from country to country and may be influenced by population pressures, economics, or value systems.  Retirement at 70 can be justified at that at 65 or 50. In many countries, retirement is regulated. Nations with a huge youth workforce may encourage their citizens to retire as early 50. On a similar note, countries with low labor force would encourage their people to work up to age 70 or more. However, some occupations due to their nature go beyond age limits. For instance: in politics, people’s age is not a disqualifying factor since this occupation is supreme and needs notably most skilled and experienced individuals. Occupations such as the army, service persons serve up to 45-50 years because the job demands great physical fitness as well as dynamic adaptability.

I firmly believe that some jobs require most experienced individuals and the longer they stay in to those work, the better for the common good of the society. Chronological age, in fact, is not an accurate reflection of individual ability.  While people aged at least 65 years may record a slight reduction in their performance as in the past, many employees at this age do even better than before. Individual’s suitability for a given position should be based on their performance in the job but not the number of gray hairs or wrinkles they have.  Even in countries where people retire at 50, a decision based on a prerequisite to engaging maximum labor force to employment; there are some sectors, which consider hiring these retirees due to their vast experience. Employers thus should observe the performance record of accomplishment of an employee and not age. Those doing poorly at their work can be requested to retire, but those not affected by age can be allowed to continue offering their service to the company. It is always economical and beneficial for a company to retain its experienced and skilled employees rather than spend money and time on employing and training new employees.

In conclusion, I think retirement age determination should be based on several factors including population ratio, job market, experience, and other factors affecting the people. Besides, some occupations should be treated differently since they require specific skills and experience and not physical fitness. With the improved life expectancy around the world, older employees who are still active and can deliver to their maximum should be allowed to carry on with their duties. Countries with laws that promote the early retirement age should go back to the table and re-review their policies

 
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