CHAPTER TWENTY-SIX
Retirement Policy
COMPULSORY RETIREMENT AT AGE sixty-five is as good as dead. The only question now is how fast it will be abolished, and all signs point to its going much faster than anyone would have thought likely.
Labor is almost solidly opposed to any change, and business and government have serious misgivings. Yet a bill to outlaw mandatory retirement at any age by nongovernmental employers—even if written into the union contract—was passed in 1977 by both houses of the California legislature. And a parallel bill for government employees was passed shortly thereafter, together with a bill to raise the mandatory retirement ...
Get Peter F. Drucker on Economic Threats now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
