Are you prepared to work until you are 70?

[i-need-a-martini]

There is no way I will be. I am not planning to work beyond 55!

But it won't affect people like me will it? I have my own plans and they will be self funded.

So once again, it will be those less fortunate and less able to take care of themselves who will suffer.

[lakeland27]

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@nero_wulf wrote:

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@i-need-a-martini wrote:

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@nero_wulf wrote:

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@polocross58 wrote:

Nero ---- Switzerland gives all elderly citizens a decent amount of money on which to survive

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I dont remember you being this vocal when labor was in and all the money you mention above that is being given to OS is still from failed labor policy.

I dont remember you being this vocal when Labor raised the pension age to 67? Where were you then

The LNP have slashed our OS AID money.   You should know this as there has been enough threads about that on here from the left and how bad it is and we should give more to OS countries etc. But then you know this already

Where were you when labor was giving away BILLIONS to OS AID and raising the pension age.

Cant remember you being vocal at all on these subjects? 

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Why can't you just address the OP?

Will YOU be working until you are 70? And how do you feel about those poor unfortunate people who don't have a decent retirement plan in place?

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How do you feel about having to work to 67 as is happening right now from 2017 due to LABOR policy? 

Even if this ever comes in it will be a decade or 2 away, unlike Labors age increas as thats only 3 years away.... How do you feel about that?

Will I be working at 70..... If I feel I want to YES..... wont need to but may want to..... fit and healthy so why not..... 

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@i-need-a-martini wrote:

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@nero_wulf wrote:

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@donnashuggy wrote:

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  Still waiting for proof of your accusations in post 69

Please provide it  or s it just an accusation that has no proof at all? 

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What accusation? There is no accusation? I think you are reading something from nothing.

Yes there is, I am being accused of not supporting the labor age increase to 67 in post 69, I would like proof where I did that.... No proof has been forthcoming just accusations..

So its a simple request, back the accusation up with proof, thats all I am asking..

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the truth of the matter is very somple. there isn;t one labor policy you expressed support for. if you could find it it would be most welcome

''So its a simple request, back the accusation up with proof, thats all I am asking..''

[luna-2304]

“Hello, everyone. This thread is getting a little off-topic with interpersonal disputes and hostile comments. Could we please bring the discussion back to Are you prepared to work until you are 70?. Thanks!”

[*crikey*mate*]

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@lind9650 wrote:

People can already work well into their 70s if they want to, but will there be many employers who will want to keep the over 70s on the payroll?

My husband worked until 70, then part time for a couple of years. Until one day his boss told him he was sorry, as much as he neded my husbands expertise and contribution, but he can not keep people over 65 anymore. Workers Compensation Insurance has increased dramatically for workers over that age, and for over 70s it's almost as much as the wages those people earn.

With such expenses to keep workers over the retirement age, how many employers will be willing to pay all that extra insurance? It will have to come out of their profits.

My husband is 76 and would love a full time job. He gets bored easy, as any workaholic would. Thank goodness he has a few hobbies, but for him it's not as satisfying as working for wages.

Erica

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I thought this was worth repeating.

Don't people such as this have a right to work if they choose to?

Or should they just be put on the shelf to make room for others "to get a job"?

If the age goes up, so too does other surrounding legislation affecting things such as insurance etc.

[the_great_she_elephant]

I think the point Lind raised about insurance and workers compensatio, coupled with her Oh's personal experiencen is very telling. Employers are not going to keep on older workers if it is going to cost them more to do so - particularly if bringing in foreign workers becomes a viable option. 

[*crikey*mate*]

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@the_great_she_elephant wrote:

I think the point Lind raised about insurance and workers compensatio, coupled with her Oh's personal experiencen is very telling. Employers are not going to keep on older workers if it is going to cost them more to do so - particularly if bringing in foreign workers becomes a viable option. 

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yes, but if the legislation were bought in, then maybe they would address the insurance issue as well, and make it more practical for employers to keep older people employed iykwim

If the gov wants them to work, they have to make it plausible and realistic, don't they?

[lakeland27]

i dont think the government care if they work or not , its reducing eligibility that concerns them.

[*crikey*mate*]

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@just_me_karen wrote:

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 that was one suggestion. I also pointed out that workers such as Hotel General Managers had worked their way up from the manual labour positions.

I've also acknowledged that there will be people adversely affected, just as there are now when the scenario makes it diufficult for those older than or approaching the 65 year age barrier.

Furthermore, I have similarly acknowledged that there are negatives to the proposal, but there are also positives as well.

[just_me_karen]

How does the govt make it realistic for a 68 yr old farm labourer? Or fencer? Or bricklayer?

[just_me_karen]

Should the farm labourer or fencer buy the farm? I guess that would help.

[*crikey*mate*]

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@lakeland27 wrote:

i dont think the government care if they work or not , its reducing eligibility that concerns them.

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Maybe? But then they open up a whole other can of worms, eh?

If not eligible for retirement, are they eligible for unemployment benefits?

I don't know, I am not in favour of it happening, but I can see benefits in making it worthwhile for those older to continue to work.

Maybe those in their mid 50's won't have such a hard time finding more employment if they're not seen as "old" iykwim. I would think a lot of employers would hesitate to employ someone around the 60 mark knowing that they will leave in 3 or 4 years time?

I just don't think that 60 ish is ready for the dust heap iykwim. There is so much knowledge and skill.

Plus, the advantage of having more years to accumulate a little wealth to maybe buy their first home to retire in, or save for a holiday etc. Lots of kids these days are still dependent/semi dependent on their parents until well into their 20's, sometimes older. So people aren't getting the opportunities to start saving for their futures as early as they were 30 odd years ago.