Wednesday, December 11, 2002

Managing A 'Mature' Work Force
[11 December 2002 - WashingtonPost.com - Robert J. Samuelson] I am what's now called a "mature worker," a new phrase with a bright future. It's one of those innocent-sounding euphemisms that clutter the language but seem unavoidable in an age when no one -- except TV and radio talking heads -- wants to offend anyone. When "mature" is attached to "worker," it means "older," generally somewhere north of 45. We older workers (I am 56) are becoming a glut on the market and, as a result, are an emerging social problem.

Retirement age 'will rise to 70 by 2030'
[11 December 2002 - FT.com - Tony Tassell] The official retirement age will climb to 70 by 2030 as pressure grows to close the widening pensions savings gap, UK pension funds believe. An annual survey of UK pension funds has shown the shift away from the traditional final salary retirement schemes accelerated sharply in 2002.

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