I noticed this change to the law being announced in this morning's Star:
Ontario will become the latest province to take steps outlawing mandatory retirement at 65 when Labour Minister Chris Bentley details his plan today at a store where many seniors work: Home Depot. The chain was chosen for the announcement because of its policy of hiring seniors and people over 50 — many of them tradesmen and women — who form 20 per cent of staff and provide a great base of experience for do-it-yourselfers. "A lot of people don't want to come in and talk to someone who's 18 years old," said Home Depot spokesman Nick Cowling. The Ontario legislation — long called for by human rights advocates concerned about age discrimination — will be introduced in the Legislature today, Bentley confirmed.When you get a good enough job you start thinking about a career, when you get kids you start thinking about insurance and when you get to a certain point you think about retirement. I imagine for most of my fellow gen-Xers the idea of obsessing about retirement would be new or not triggered at all as most of the folks I know have had a long hard slog trying to get to the point where there have any certainty, let alone security, in their jobs or businesses - if they've achieved it at all. Hard to day dream about what to do with RRSPs and a pension when you are still wondering how to deal with what you chew with without a dental plan.
So, it looks like the baby boomers are going to have their way economically and now they are going to hang on to that seat at the table after 65. Dandy. But it may not be all bad. I missed meeting Mr. Johnson by few years when I articled in smalltown Ontario. Mr. Johnson was the oldest working lawyer in the history of the Commonwealth, according to the folks I worked with, getting behind the desk at the end for at least one day a week at the age of 103. Maybe I have the figures and the claim to fame all wrong but the point is he was able to work, liked to work so he worked. That would not be so bad. How could that pan out for others? Delaying payments on a pension will certainly help us all facing the bloated boomer call on the system. Perhaps a combination of 50% pension during 50% work from 65 to 67 with the per hour of the extra years counting towards pension calculation would work or some other such combination?
I'll have to start day dreaming about what I would like, I guess. Sooner or later those boomers are actually going to stop showing up to work everywhere and we'll have to figure out what they were doing in those offices all these decades.
