I love it when politicians spin their ideas. They are looking at putting an incentive in place to encourage older workers to stay in the work force longer.
The Oxford dictionary defines “Incentive” as “a motive or incitement; a payment or concession to stimulate greater output in workers”
I don’t see raising the age of eligibility for retirement benefits as being an incentive. It certainly could be effective, but it is a stick, not a carrot.
Additionally my workplace currently stope all the health benefits at age 65. I sure hope that gets changed along with the incentive.
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